AT&T Inc. (T: Quote) said late Friday that it has reached agreements "in concept" with the Communications Workers of America in core wireline contract negotiations for the AT&T Midwest region and AT&T Corp.
Both parties will continue to work through the weekend to finalize terms that could be presented to Communications Workers of America members for formal approval and ratification, the Dallas, Texas-based company said.
The Midwest contract covers more than 13,000 employees in Illinois, Indiana, Ohio, Michigan, and Wisconsin, while the AT&T Corp. contract covers about 5,700 employees located throughout the country.
The contracts expired April 7 and the employees continue to work under the terms of the old contracts.
The company said it was providing further details at this time.
Click here to receive FREE breaking news email alerts for AT&T Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News