July 27, 2005

Centennial's Books Draw New Looks

From TheStreet.com:

Centennial Communications (CYCL:Nasdaq - commentary - research) CEO Mike Small likes to say his company has a unique approach to selling wireless service in the Caribbean.
Now, though, some observers are starting to wonder if the approach isn't a little too unique.

Shares of the Wall, N.J.-based telco have nearly tripled in the past year, largely on the strength of Centennial's offshore wireless performance. In Puerto Rico, where the company is the No. 1 cell-phone service provider, Centennial has enjoyed nearly two years of 20% annual subscriber growth.

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