AT&T West, CWA reach tentative agreement

AT&T's (NYSE: T) Western division has reached a tentative deal with the Communications Workers of America District 9. The four-year agreement, which covers more than 17,000 wireline employees in California and Nevada, will be submitted to CWA members to be voted on in the next few days. The deal, if approved, would be effective as of April 8, 2012 and would expire April 9, 2016.

The agreement includes general wage increases each year of the contract, starting with 2.25 percent on Oct. 1, 2012, increasing to 2.75 percent in 2013 and 3 percent in 2014.  In 2015, wages would increase 2.5 percent in 2015.  It also includes a 1 percent pension band increase each year of the contract for most employees. 

Last month AT&T West and the CWA announced they were unable to ratify the three-year agreement.  

After not being able to ratify a three-year agreement with the telco, the 18,000 workers and CWA leaders said last week they would decide on a day-to-day basis whether to strike. 

Outside of the West territory, AT&T wireline has made progress in ratifying similar contract in three other regions last year: Midwest, Southeast, and the Southwest.

For more:
- see this press release

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