Moody's comments on announcement of Cincinnati Bell's acquisition by Brookfield
Announcement: Moody's comments on announcement of Cincinnati Bell's acquisition by Brookfield. Global Credit Research- 23 Dec 2019. New York, December 23, 2019-- Moody's Investors Service stated today that Cincinnati Bell Inc. announced that it had signed a definitive merger agreement to be acquired by Brookfield Infrastructure.Cincinnati Bell provides communications and Intellectual Technologies (IT) solutions. The company's Entertainment and Communications segment provides products and services that can be categorized as either Consumer/SMB Fiber, Enterprise Fiber or Legacy. Products and services include high-speed internet, data transport, local voice, video and other services. The IT Services and Hardware segment provides a range of managed IT solutions, telephony and IT equipment sales, and professional IT staffing services. The company classifies the products and services of its IT Services and Hardware segment into four practices, Consulting, Cloud, Communications, and Infrastructure Solutions.
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