Analysts used words like “reasonable” and “sensible” to describe the sale of wireless assets by Cincinnati Bell Inc. Monday.
Unloading its shrinking cell phone unit, they say, helps the company emphasize other products with more growth potential: Business and residential services that can be delivered over high-speed fiber optic networks.
But at least one financial writer thinks the strategy could end with Bell being gobbled up by a larger national rival.
“They are a small and cheap company with the infrastructure that Google could use,” said Brian Nichols, a Northern Kentucky resident and author of the 2013 book, “Taking Charge with Value Investing.”
WCPO Insider takes a deeper look at the transaction announced Monday and why it puts Cincinnati Bell on a collision course with Google Inc.