Investors Hang Up on Cincinnati Bell

An earnings miss and flat profits in the face of a market share battle with cable operators sends the telecom company’s stock down 10%

Cincinnati Bell (CBB), faces a problem. The regional telephone company serving parts of Ohio, Kentucky and Indiana, is battling to expand its wireless, high-speed Internet and business services before cable rivals like Time Warner (TWX) and Comcast (CMCSA) grab market share.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.