FCC approved AT&T’s purchase of Centennial Wireless
November 06, 2009 | Ashiqul | Comments 0
FCC has approved AT&T’s plan to purchase US wireless carrier Centennial Wireless for a cool $944 million. The acquisition will bolster AT&T’s presence in the midwest, southwest, and Puerto Rico, although we’re not sure how, if at all, it will impact their 3G footprint. Centennial’s stockholders will receive $8.50/share for their troubles and AT&T is saying it will have Centennial’s stores re-branded by January of 2010.
