Centennial Communications Announces New Directors and Caribbean Executives.

Business Editors

WALL, N.J.--(BUSINESS WIRE)--Aug. 7, 2001

Centennial Communications Corp.(Nasdaq:CYCL) today announced the appointment of two new directors to its board and additions to the management team that leads the Company's rapidly growing Caribbean operations.

Joining the Centennial board of directors are James R. Matthews and David M. Tolley. Matthews will fill the vacancy left by the death of board member Rudolph Rupert. Matthews has been a principal of Welsh, Carson, Anderson & Stowe since July 2000. Previously, he was a General Partner at J. H. Whitney & Co., a private equity firm where he worked for six years focusing on investments in the communications industry. He is also a director of SpectraSite Holdings, Inc. Tolley, a principal of the Blackstone Group, will replace Robert Reid on the Board. Prior to joining Blackstone in May 2000, he was a vice president at Morgan Stanley where he worked with a variety of clients in the telecommunications industry.

"On behalf of our management team, I would like to thank Robert for his many contributions to Centennial," said Michael J. Small, president and chief executive officer. "I am delighted to welcome Jim and Dave to the Centennial board."

In addition, the Company today announced the hiring of three key officers to help lead the Company's Caribbean operations. Joining Centennial's Caribbean operations are Juan Victoria as chief information officer, Lou Olsen as chief technology officer and Phil Sitton as president of Centennial Global Connections, the Company's long-haul fiber-optic undersea cable company. All three officers will be based in the Company's Miami office and will report to Carlos Bofill, chief executive officer of Centennial's Caribbean operations.

Prior to joining Centennial, Victoria was vice president, applications development for Staff Leasing, Inc. with over 12 years of experience developing strategic information systems for the telecommunications and customer service industries. Olsen has more than 12 years of experience in the engineering, strategic planning and business development of wireless network architectures, and was formerly vice president of technology development for Teligent. Sitton spent over 20 years with AT&T in a variety of positions including regional managing director of Caribbean operations.

"The Caribbean is a great opportunity for Centennial," said Small. "We have the widest wireless coverage and the most extensive fiber optic network in the region. Juan, Lou and Phil's leadership and experience will help Centennial capitalize on the tremendous growth opportunities in the Caribbean region."

Centennial is one of the largest independent wireless telecommunications service providers in the United States and the Caribbean with approximately 17.5 million Net Pops and 763,100 wireless subscribers. Centennial's U.S. operations have approximately 6.0 million Net Pops in small cities and rural areas. Centennial's Caribbean integrated communications operation owns and operates wireless licenses for 11.4 million Net Pops in Puerto Rico, the Dominican Republic, Jamaica and the U.S. Virgin Islands, and provides voice, data, video and Internet services on broadband networks in the region. Welsh, Carson, Anderson & Stowe and an affiliate of The Blackstone Group are controlling shareholders of Centennial. For more information regarding Centennial, please visit our website at www.centennialcom.com.