Verizon Wireless Snags Centennial Communications Assets
Verizon Wireless today announced that it has completed the acquisition of AT&T's Centennial Communications assets. The transaction, which was mandated by the Federal Communications Commission in order for AT&T to purchase Centennial Communications, gives Verizon Wireless Centennial’s spectrum licenses, network assets and more than 117,000 current customers in six service areas. The region includes Lafayette, Beauregard, Iberville and West Feliciana, La., and Claiborne and Copiah, Miss. Verizon Wireless said it will continue to use the Centennial brand for several months as it converts Centennial's GSM-based network to CDMA. It will roll out 3G on a market-by-market basis. Customers in those areas don't need to take any action, and Verizon Wireless will contact them with the proper details for switching phones when the network will be switched.
AT&T and VZW are each others favorite trading partners when divestitures are required as a condition of "mergers". Curious...
Of course. Sprint has all the assets they want and T-mo is too broke to cons...