AT&T Buys Centennial Communications
Nov 10, 2009 (Close-Up Media via COMTEX) --
Company: Centennial Communications Corp. (CYCL)
AT&T announced that it has completed its acquisition of Centennial Communications.
The acquisition adds to AT&T's network coverage across the Midwest and Southeast United States and in Puerto Rico and the U.S. Virgin Islands.
AT&T reported that the combination of the two companies' wireless networks will allow AT&T to deliver broader wireless coverage, including to approximately 893,000 former Centennial wireless subscribers. With the addition of Centennial, AT&T also expands its wired network coverage to Puerto Rico, enhancing service for its business customers with operations there.
"The addition of Centennial will enhance AT&T's assets in wireless -- a strategic priority and one of our biggest growth drivers -- and service for customers of both companies," said Ralph de la Vega, president and chief executive officer of AT&T Mobility and Consumer Markets. "We're excited to give Centennial wireless subscribers access to the nation's fastest 3G network plus our premier lineup of smartphones and unmatched portfolio of applications and services.
"We'll also improve network reliability for our wireless subscribers who will be able to make on-network calls in the Centennial footprint. And as Centennial's broadband network in Puerto Rico is integrated with AT&T's extensive global network and advanced service offerings, we'll offer corporations that operate in Puerto Rico the benefits of end-to-end service over a single network."
AT&T plans to integrate Centennial's networks and products with AT&T's networks and product portfolio. The transaction extends AT&T's wireless network coverage in primarily rural areas of Indiana, Louisiana, Michigan, Ohio and Texas as well as enhances coverage in Puerto Rico and the U.S. Virgin Islands.
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Company: Centennial Communications Corp. (CYCL)
Related terms: acquisition, bandwidth, business, ceo, consumer, indiana, louisiana, michigan, ohio, president, products, puerto rico, texas, united states, virgin islands, wireless
