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Today, the FCC approved AT&T’s purchase of Centennial Wireless.  Centennial is a Fort Wayne, IN based regional carrier who provides coverage in the midwest, southwest, and in Puerto Rico.  The purchase will cost AT&T only a cool $944 million.  It will add 893,000 customers, and more importantly, some sweet 850mhz 3G spectrum in those areas that Centennial serves.  Current Centennial stockholders will receive $8.50/share and AT&T is claiming to have all Centennial stores rebranded to AT&T stores by January 2010.  Being a Fort Wayne, IN native, I am sad to see this local company be bought out as it has been a big success for the 2 guys who founded the company, however as an AT&T subscriber, I am glad to see our already good coverage get even better.

What this means for iPhone users is yet to be seen but I’m sure things can only get better in terms of coverage.  Being in Centennial’s home market, I’m sure we’ll be the first to have the “switch flipped” so I’ll keep an eye on my iPhone’s bars and let you all know how things are going in terms of the AT&T/Centennial network merger.