AT&T Completes Centennial Acquisition
Nov 6, 2009, 9:08 AM by Eric M. Zeman
Today AT&T announced that it has fully acquired Centennial Communications. By purchasing the rural wireless provider, AT&T has bolstered its coverage footprint in the Midwest and Southeast United States (specifically, Indiana, Louisiana, Michigan, Ohio and Texas), and in Puerto Rico and the U.S. Virgin Islands. AT&T will integrate Centennial's products and services into its own, and will begin transitioning Centennial retail outlets to AT&T outlets as soon as possible. AT&T said that it will be providing 3G coverage in approximately 200 of Centennial's markets, and Centennial's subscribers will be able to take advantage of AT&T's services immediately. In order to gain approval for the transaction, AT&T had to agree to divest eight markets (five of them to Verizon Wireless). The total cost of the transaction is valued at $2.7 billion.
Comments
already screwed employees
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RmiXDflavoR said:...
I just have to add that here in Puerto Rico at&t has decided NOT TO give Centennial employees christmas bonuses. This should have never gotten by the DoJ and the FCC. I have to also add that now at&t will try to b
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I don't want to be a hard ass .....
But here is my questions.
Was the Xmas bonus written into your contract?
Are bonus's guaranteed?
And if centennial cared about its employee's wouldn't they have written the bonus into their contract...
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On a side note, does anyone have an idea fo...
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