Centennial Dominicana announced in an interview in El Siglo that it will start offering Internet service next week. The president of Centennial, Erik Pérez Vega said that it will be offering very competitive packages. Centennial initiated operations in the Dominican offering cellular service. It has rapidly gained market share by selling the minute within the DR for the same cost as to the US, and significantly below the rates of the largest players, Codetel and Tricom. Pérez announced the company, that resulted from a merge with All America Cables & Radio, the oldest telecommunication company in the DR, is investing RD$1,100 million in the installation of modern equipment in its first year of operations. The company offers coverage in Santo Domingo, La Romana, in the East and West. It is expanding to cover the Northwest, Puerto Plata, and then moving on to the South and the Southwest. Pérez says that Centennial has revolutionized the telecom market in the DR.