AT&T Mobility, CWA reach deal

AT&T has two union contracts up for renewal early this year, but the first deal finally appears to be done, at least tentatively. AT&T Mobility and the Communications Workers of America forged a tentative agreement on a four-year contract covering more than 20,000 employees. The bullet points include an 8.8 percent pay increase over the course of the contract, a $500 bonus, and a new commission plan for retail sales consultants.

Contract talks had been ongoing since the old contract expired early last month. Assuming CWA membership approves the new deal, AT&T still needs to work out a new contract for its wireline employees. Those talks could potentially be more contentious, as AT&T's wireline strength continues to be sapped by landline loss and competition.

For more:
- BusinessWeek has this Associated Press story

Related articles
AT&T and CWA deal talks had stalled last month
Union contracts have made big news in the last year

Suggested Articles

icrosoft took the wraps off of a new cloud service for Azure via its partnership with Genesys.

Ahead of next month's fourth quarter earnings, Windstream touted its 2019 broadband achievements this week.

Cincinnati Bell announced on Friday that it has received an unsolicited buyout bid from an "infrastructure fund" for $12 a share in cash.