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	<title>Stock Blog Hub &#187; Centennial Communications Corporation</title>
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		<title>(T) AT&amp;T Completes Centennial Communications Acquisition</title>
		<link>http://www.stockbloghub.com/2009/11/10/t-att-completes-centennial-communications-acquisition/20192</link>
		<comments>http://www.stockbloghub.com/2009/11/10/t-att-completes-centennial-communications-acquisition/20192#comments</comments>
		<pubDate>Tue, 10 Nov 2009 23:41:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Domestic]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Centennial Communications Corporation]]></category>
		<category><![CDATA[CYCL]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

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		<description><![CDATA[AT&#38;T Inc (T) has reportedly completed its much anticipated acquisition of Centennial Communications Corp (CYCL), the eighth largest US wireless carrier by subscribers. This follows the recent approvals of the transaction by the US Department of Justice and US telecom regulator Federal Communications Commission (“FCC&#8221;). The transaction, which was originally set to complete in second-quarter 2009, is now officially closed. As per the agreement terms, shareholders of Centennial will receive $8.50 in cash for every share they own, equating to approximately $944 million. Including net debt, the aggregate value of the deal is $2.7 billion. AT&#38;T will take appropriate steps to redeem all of Centennial’s outstanding debts. AT&#38;T expects minimal dilution to earnings and cash flow in 2009 given the upfront integration costs. The acquisition has expanded AT&#38;T’s wireless coverage ]]></description>
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		<title>(DT) T-mobile Unveils New Service Plan</title>
		<link>http://www.stockbloghub.com/2009/10/28/dt-t-mobile-unveils-new-service-plan/19139</link>
		<comments>http://www.stockbloghub.com/2009/10/28/dt-t-mobile-unveils-new-service-plan/19139#comments</comments>
		<pubDate>Thu, 29 Oct 2009 04:31:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Centennial Communications Corporation]]></category>
		<category><![CDATA[CYCL]]></category>
		<category><![CDATA[Deutsche Telekom AG]]></category>
		<category><![CDATA[DT]]></category>
		<category><![CDATA[LEAP]]></category>
		<category><![CDATA[Leap Wireless International Inc]]></category>
		<category><![CDATA[MetroPCS Communications Inc.]]></category>
		<category><![CDATA[PCS]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

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		<description><![CDATA[T-Mobile USA, the US subsidiary of German telecom giant Deutsche Telekom (DT), has reportedly introduced a new unlimited wireless service plan that comes without any annual service contract. This move represents the company’s latest initiative to counter strong competition from its larger peers in the domestic wireless market. Under the new service plan, customers can enjoy unlimited voice, text and Web access services for $79.99 per month without entering into any long-term contract. This represents a $20 discount on the company’s standard $99.99 unlimited monthly rate plan for a two-year service contract. Subscribers to the $79.99 monthly plan, however, have to pay more for their cellphone handsets than the regular contract-bound customers. T-Mobile USA is the fourth largest US wireless carrier with 33.5 million subscribers. However, the company is contending ]]></description>
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		<title>(T) AT&amp;T Beats Forecasts on Skyrocketing iPhone Sales</title>
		<link>http://www.stockbloghub.com/2009/10/22/t-att-beats-forecasts-on-skyrocketing-iphone-sales/18540</link>
		<comments>http://www.stockbloghub.com/2009/10/22/t-att-beats-forecasts-on-skyrocketing-iphone-sales/18540#comments</comments>
		<pubDate>Thu, 22 Oct 2009 22:46:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Domestic]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Centennial Communications Corporation]]></category>
		<category><![CDATA[CYCL]]></category>
		<category><![CDATA[T]]></category>

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		<description><![CDATA[AT&#38;T Inc. (T) announced third-quarter 2009 results, with reported earnings per share of 54 cents beating the Zacks Consensus Estimate of 50 cents while declining from 55 cents reported a year ago. Net income fell 1.2% year over year to $3.2 billion on account of lower revenue. The results were highlighted by growth across wireless and U-verse video businesses. The second largest wireless carrier reported consolidated revenue of $30.9 billion for the quarter, down 1.6% year over year, largely due to lower wireline voice, legacy data and print advertising revenue, which offset growth in wireless and wireline data services. AT&#38;T registered a net gain of 2 million wireless subscribers in the third quarter to reach 81.6 million total subscribers in service, up 9% year over year, driven by strong iPhone ]]></description>
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		<title>(CYCL) Centennial Communications Beats Forecast on Lower Cost</title>
		<link>http://www.stockbloghub.com/2009/10/16/cycl-centennial-communications-beats-forecast-on-lower-cost/17732</link>
		<comments>http://www.stockbloghub.com/2009/10/16/cycl-centennial-communications-beats-forecast-on-lower-cost/17732#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:04:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Centennial Communications Corporation]]></category>
		<category><![CDATA[CYCL]]></category>
		<category><![CDATA[T]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17732</guid>
		<description><![CDATA[Regional telecom operator Centennial Communications (CYCL) reported results for the first quarter of fiscal year 2010 with earnings per share [EPS] of 17 cents exceeding the Zacks Consensus Estimate of 15 cents and the year-ago EPS of 7 cents. The company reported net income of $19.5 million for the quarter compared to $7.5 million reported in the year-ago quarter driven by 8% year over year decline in operating expenses. Consolidated adjusted operating income increased 6% year over year to $107.2 million. Revenue for the quarter, however, dipped 2% year over year to $258.9 million which reflects signs of slowdown across its US and Puerto Rican wireless operations, partly offset by growth in the Puerto Rican broadband business. Service revenue accounted for 95% of the consolidated sales with equipment representing the ]]></description>
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		<title>(T) US Department of Justice OKs AT&amp;T-Centennial Communications Corp Merger</title>
		<link>http://www.stockbloghub.com/2009/10/15/t-us-department-of-justice-oks-att-centennial-communications-corp-merger/17768</link>
		<comments>http://www.stockbloghub.com/2009/10/15/t-us-department-of-justice-oks-att-centennial-communications-corp-merger/17768#comments</comments>
		<pubDate>Thu, 15 Oct 2009 21:50:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Domestic]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[Centennial Communications Corporation]]></category>
		<category><![CDATA[CYCL]]></category>
		<category><![CDATA[Deutsche Telekom AG]]></category>
		<category><![CDATA[DT]]></category>
		<category><![CDATA[S]]></category>
		<category><![CDATA[Sprint Nextel Corporation]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17768</guid>
		<description><![CDATA[AT&#38;T Inc’s (T) much anticipated acquisition of regional wireless and wireline service provider Centennial Communications Corp (CYCL), has progressed a step further as the US wireless giant has reportedly received a conditional approval of the US Department of Justice (“DOJ&#8221;). The acquisition is now subject to the approval of the US telecom regulator Federal Communications Commission. The US antitrust approval is based on fulfillment of specific conditions which requires AT&#38;T to divest certain Centennial assets in eight markets across Louisiana (central and southern) and southwestern Mississippi . This is due to the fact that the acquisition may potentially hurt consumer interest in these regions. As part of this requirement, AT&#38;T has already committed to sell wireless assets in five of the eight markets to its rival operator Verizon (VZ) for ]]></description>
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