AT&T buys Centennial for $944 million
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by John Biggs on November 7, 2008

AT&T bought Centennial Communications Corp for $944 million today in order improve AT&T’s coverage in the Midwest, Southeast, and Puerto Rico.

The purchase will add 1.1 million customers to AT&T’s 74.9 million base. The move follows Verizon’s purchase of Alltel last week.

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