AT&T extends contract for 7,000, labor battle continues

[Omaha Steve]

http://in.reuters.com/article/2012/07/13/us-att-labor-idINBRE86C12L20120713



NEW YORK | Sat Jul 14, 2012 1:47am IST

(Reuters) - AT&T Inc (T.N) has agreed to a one-year extension for a labor contract covering nearly 7,000 workers even as it continues negotiations indefinitely for thousands more workers.

The extension, until June 22, 2013, of the contract with the International Brotherhood of Electrical Workers came without any changes to the existing terms, AT&T said on Friday.

Both AT&T and its rival Verizon Communications (VZ.N) are engaged in tough labor negotiations this year as they look to reduce costs to help offset the decline of their traditional home phone businesses.

Last August, Verizon Communications (VZ.N), was faced with a two-week strike after contracts expired for 45,000 workers. Almost a year later Verizon is still negotiating with unions for a new contract.

FULL story at link.

[lunasun]

1. Go IBEW!!!