Centennial Communications, AT&T merger on track to close mid-year

By Lisa Kerner

Charlotte, N.C., April 7 - Centennial Communications Corp. said it expects its merger with AT&T Inc. to be completed mid-year 2009, subject to approval by the Federal Communications Commission, expiration of the Hart-Scott-Rodino waiting period and other customary closing conditions.

The company's shareholders approved the merger in February, Centennial said.

As previously reported, Centennial agreed in November to be acquired by AT&T for $8.50 per share in cash in a deal valued at $2.8 billion including debt.

AT&T is a Dallas-based communications holding company.

Centennial is a Wall, N.J., provider of regional wireless and integrated communications services in the United States and Puerto Rico.

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