AT&T Inc. (T) announced that it has completed its acquisition of Centennial Communications Corp. (CYCL). The acquisition enhances AT&T's network coverage across the Midwest and Southeast United States and in Puerto Rico and the U.S. Virgin Islands.
AT&T expects upfront integration costs will result in minimal dilution to EPS and cash flow in 2009. As previously announced, Centennial stockholders will receive $8.50 per share in cash.
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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.