I have shot both motion picture film and color/B&W still film well below 0f. -21f on one occasion. The biggest problems in extreme cold seem to be condensation, camera function, and static IME. I never noticed any effect on film speed. I would imagine if there was any effect at all it would be a speed increase, rather than a reduction, but probably not measurable. Teeny tiny things like electrons etc. flying around tends to happen faster in the cold, and film is sort of "powered" by what could loosely be described as an electromagnetic reaction, but as far as an effect on film speed, that's a WAG on my part.
In short, in my experience I have never seen a noticeable variation of film speed when shooting in extreme low temperatures.