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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.
CBB just spun off CyrusOne, a big data storage REIT, and retains 70+% of ownership so look for growth and increased cash flow as a benefit of the break up. Also, last week CBB named Ted Torbeck CEO--Torbeck is known for his CEO turnaround expertise and expects to grow the wireless end of the business. Hedge funds including Black Rock and Gambelli say the stock looks promising and are two of the largest stakeholders. I am cautiously optimistic.
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