AT&T acquires Centennial Wireless for $944M | Startup Meme - Technology Startup and Latest Tech News

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Nov 8 2008

AT&T acquires Centennial Wireless for $944M

Saad Ali Abbasi 

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Telco giant AT&T acquired Centennial Wireless yesterday, a carrier with a subscriber base of just 1.1 million. The N.J.-based carrier was bought for $944 million, probably with AT&T’s aim to achieve a wider market and expand on it’s iPhone coverage. AT&T would now be able to fill holes in its network, and provide subscribers with roaming facilities through Centennial’s network (for e.g., in Midwest, Southeast, and Puerto Rico).

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