The news came late Friday. The contract was voted in after Communications Workers of America (CWA) members in February turned down a tentative deal. AT&T said the settlement reached last week contains revisions to the previous proposal, but the company gave no specifics. An AT&T spokesperson did not immediately return a request for clarification.
AT&T for months has tried to get union staff to agree to some pay and benefits concessions as landline revenue continues to fall. About 30,000 CWA members in 10 states are covered under the newly solidified contract. They had been working under a contract that ran out on Aug. 8, 2009.
Connecticut now remains the lone holdout for an updated agreement with AT&T. Workers in that state have said AT&T refuses to negotiate with them, even as the company has slashed more than 1,200 jobs.
In addition to CWA staff, AT&T also has come to new agreements with the International Brotherhood of Electrical Workers.
Shares of AT&T stock were trading 1.29 percent higher at $25.31 an hour before Wall Street’s close on Monday.