Poor 2013 guidance has led Cincinnati Bell (CBB -21.3%) to crumble to new 52-week lows following...

|About: Cincinnati Bell Inc. (CBB)|By:, SA News Editor

Poor 2013 guidance has led Cincinnati Bell (CBB -21.3%) to crumble to new 52-week lows following its Q4 report. Data center subsidiary CyrusOne (CONE -2.9%), which CBB still owns 71.6% of following a Jan. IPO, is posting more modest losses in response to its own report. Excluding Cyrus One, CBB expects 2013 revenue of $1.2B, below a $1.24B consensus. On its earnings call, the telco admitted its wireless ops face "intense competitive pressures from the national players," and that it's becoming harder to offset subscriber losses with cost cuts.