AT&T, labor union reach tentative contract deal
From AP News | 2009-12-15 14:32:24
<div id="subtitle">AT&amp;T, labor union reach tentative contract agreement for thousands of AT&amp;T employees</div><div><p>AT&amp;T Inc. said Monday that it came to a tentative agreement in wireline contract negotiations with the Communications Workers of America in AT&amp;T's southeast region, which includes 30,000 employees.</p><p>The proposed deal will be sent to the district's members for a vote in the next few days, AT&amp;T said. The southeast region's previous contract expired in August.</p><p>The proposed agreement includes pay and pension raises for each of the contract's three years.</p><p>The company said that six of the seven bargaining units that represent AT&amp;T's core wireline employees have ratified or have tentative agreements at this point, and that agreements pertain to almost 97 percent of the 120,000 employees that fall under AT&amp;T's core wireline contracts.</p><p>The company still has not reached an agreement on a contract for its east region, which includes employees in Connecticut.</p><p>AT&amp;T shares fell 5 cents in after-hours trading, after finishing regular trading up 4 cents at $28.05.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=65429810&bid=informcom" /></div><div id="copyright"><div>
Copyright 2009 <a href="http://www.ap.org">AP News</a></div></div>
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