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AT&T Buys Centennial Communications For Almost a Billion, Adds 1.1 Million Subscribers

Well, it seems that Verizon became the number 1 wireless carrier in the US only theoretically, by acquiring Alltel, as AT&T decided to fight back by picking up Centennial Communications for $944 million.

What does this mean for average AT&T users? Better coverage in rural areas of the Midwest and Southeast US, plus Puerto Rico and US Virgin Islands. Of course, the transaction must get the FCC blessing and the approval of Centennial’s head honchos, plus other “customary closing conditions” before it takes place.

AT&T will gain 1.1 million new subscribers if everything goes as planned…

[via Engadget Mobile]