AT&T Buys Centennial for $944 Million

Just the other day, AT&T acquired Wayport for $275 million in a bid to add several thousand hotspots to the wireless provider’s network. Now AT&T has announced plans to acquire Centennial, a regional provider of wireless and wired communications services, for $944 million in cash.

The two companies said in a joint statement that the transaction will enhance AT&T’s wireless coverage for customers in largely rural areas of the Midwest and Southeast United States and in Puerto Rico and the U.S.

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