Centennial Communications' Centennial Cellular credit has been rallying since the company came out with healthy numbers for its third quarter results last month. Traders said the name was trading actively over the last couple of weeks with levels creeping up into the 82 1/2 83 1/2 range from the high 70s context, where the paper had languished for more than three months. One seller said he was able to unload the paper at levels higher than he expected, noting how his firm had considered the paper a non-performing asset for some time. Centennial announced that adjusted EBITDA was $68.1 million for the third quarter, up about 21% from the same time period last year. Thomas Fitzpatrick, Centennial's cfo, could not be reached by press time.