Centennial subsidiary sold

[NewsWhore]

Centennial Communications has announced the sale of its Dominican subsidiary All America Cables and Radio (Centennial Dominicana) to the American phone company Trilogy International Partners, according to Hoy newspaper. The sale, estimated at US$80 million, still needs to be approved by the Dominican Telecommunications Institute (Indotel) and although details of the deal are still being negotiated, Listin Diario reports that the transactions will be concluded by the end of the first quarter of 2007. Hoy reports that Centennial Communications has 1.4 million mobile users and 371,500 access lines with service in six American states and services in the Dominican Republic, Puerto Rico and the British Virgin Islands. Trilogy International is based in Bellevue, Washington and has services in Bolivia and Haiti.

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