AT&T Releases Details of Tentative Agreement in West Wireline Contract Negotiations
DALLAS, Feb. 26, 2013 /PRNewswire/ -- AT&T* today provided details of a tentative agreement AT&T West reached Feb. 20 with the Communications Workers of America District 9 in wireline contract negotiations.
The three-year agreement covers more than 17,000 wireline employees in California and Nevada, and will be submitted to the CWA's membership for a ratification vote in coming days.
The two sides reached the agreement through lengthy negotiations and recent mediation conducted under the auspices of the Federal Mediation and Conciliation Service (FMCS).
The agreement would be effective as of April 8, 2012 and expire April 11, 2015.
The agreement includes general wage increases in each year of the contract -- 2.25 percent effective Oct. 1, 2012, 2.75 percent in 2013, and 3 percent in 2014. It includes a 1 percent pension band increase in each year of the contract for most employees, and an expansion to additional employees of a provision that provides qualified surplus employees a guaranteed job opportunity with AT&T. It maintains one of the most robust health care plans in the nation, with increases in employee contributions.
AT&T wireline employees represented by the CWA earlier ratified, on Aug. 17, three-year contracts for the Midwest region and AT&T Corp. (CWA Telecommunications and Technology Office); and on Dec. 7 a three-year contract for the Southeast region. These ratified agreements collectively cover about 40,000 AT&T wireline employees. In addition, AT&T Southwest and CWA District 6 on Feb. 6 reached a tentative four-year agreement covering about 20,000 employees; and AT&T Mobility and the CWA on Feb. 22 announced a tentative four-year agreement covering more than 20,000 employees in 36 states (including California and Nevada) and the District of Columbia.
More information will be posted as it is available at www.att.com/corewirelinebargaining
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's largest 4G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world.
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Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
SOURCE AT&T Inc.
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