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The Company is a full-service local provider of data and voice communications services and equipment and a regional provider of wireless and long distance communications services.
This is one of the weakest players in the telecommunications industry. They were an alright company, when the telecom industry was slow moving and highly regulated. They have not adapted well to the deregulation many years ago and have been on a downward trend ever since. The fact that they are small does not give them a better chance for growth. In this market the growth is heading to the big players like VZ and T. If CBB had some sort of edge like Boost mobile, they maybe would have a chance, but are showing nothing standout. They do have an asset in having a local name, but that is only worth so much. The company is too small and not expected to grow fast enough in the future. This company could be a takeover candidate, but it needs to come down more from here for that to happen.
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