AT&T bought regional carrier Centennial Communications Corp last week for $944 million. The purchase was made to improve AT&T’s coverage in the Midwest, Southeast, and Puerto Rico. By purchasing an existing infrastructure and subscriber base, carriers like AT&T can maintain subscriber growth in the current economic climate for far less than the cost of doing it themselves.
AT&T has indicated that Centennial subscribers will see no ill effects in the carrier swap, but will eventually have to transfer to AT&T’s billing system.
|via MobileCrunch|
