ATN International, Inc., through its subsidiaries, provides telecommunications services in the United States, the Caribbean, and Bermuda. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data, internet, voice, and retail mobility services to customers in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands, as well as video services in Bermuda, the Cayman Islands, and the US Virgin Islands. This segment also offers managed information technology services to enterprise customers; and long-distance, transport and access, and roaming services to other telecom providers. The US Telecom segment provides carrier services, such as wholesale roaming services; fixed, mobility, and managed services to retail and enterprise customers; private network services to enterprise customers, municipalities, and other service providers; and site maintenance services, as well as leases critical network infrastructure, including towers and transport facilities. The Renewable Energy segment provides distributed generation solar power to commercial and industrial customers in Massachusetts, California, and New Jersey. As of December 31, 2020, it operated fourteen retail stores in US Telecom segment and twenty two retail stores in International Telecom segment. The company was formerly known as Atlantic Tele-Network, Inc. and changed its name to ATN International, Inc. in June 2016. ATN International, Inc. was incorporated in 1987 and is headquartered in Beverly, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: atni.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/23/2024 | $39.00 → $40.00 | Outperform → Strong Buy | Raymond James |
| 10/29/2021 | $54.00 → $49.00 | Outperform | Raymond James |
Raymond James upgraded ATN International from Outperform to Strong Buy and set a new price target of $40.00 from $39.00 previously
Raymond James reiterated coverage of ATN International with a rating of Outperform and set a new price target of $49.00 from $54.00 previously
Raymond James reiterated coverage of ATN International with a rating of Outperform and set a new price target of $53.00 from $57.00 previously
Raymond James reiterated coverage of ATN International with a rating of Outperform and set a new price target of $53.00 from $57.00 previously
8-K - ATN International, Inc. (0000879585) (Filer)
10-Q - ATN International, Inc. (0000879585) (Filer)
8-K - ATN International, Inc. (0000879585) (Filer)
DEFA14A - ATN International, Inc. (0000879585) (Filer)
DEF 14A - ATN International, Inc. (0000879585) (Filer)
10-K - ATN International, Inc. (0000879585) (Filer)
SCHEDULE 13G/A - ATN International, Inc. (0000879585) (Subject)
10-Q - ATN International, Inc. (0000879585) (Filer)
8-K - ATN International, Inc. (0000879585) (Filer)
8-K - ATN International, Inc. (0000879585) (Filer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
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4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
4 - ATN International, Inc. (0000879585) (Issuer)
BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025. "The Board's decision to increase the dividend at this time reflects our confidence in the company's financial strength and future cash flow generation," said Brad Martin, ATN's Chief Executive Officer. "As we move forward, we remain focused on monetizing the investments made during our recent three-year strategic capital spending cycle, supported by ongoing c
Experienced financial executive joins leading broadband service provider Experienced financial leader Yasir Alvi will join Alaska Communications as chief financial officer beginning June 2, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250527081431/en/Photo courtesy of Yasir Alvi. Yasir started his career in software engineering at Microsoft Corporation, leading teams building commercial software for customers worldwide. This was followed by 15 years of progressive leadership roles in finance, including investment banking and M&A at Morgan Stanley, and FP&A at Alaska Airlines. Prior to joining Alaska Communications, Yasir
Options include AWS and Microsoft with artificial intelligence and data options As cloud use cases continue to expand, Alaska Communications is teaming up with industry leader Slalom to provide advanced cloud offerings for Alaska enterprises and government organizations. From enabling more efficient and sustainable exploration in the oil and gas industry to opening a world of real-time collaboration and learning opportunities in public education, managed cloud helps unlock innovation for Alaska. Alaska Communications and Slalom offer services through Amazon Web Services (AWS) and Microsoft platforms, which include: Planning and Migration - Evaluate cloud readiness. Plan and execute the
First Quarter 2025 vs. First Quarter 2024 Financial Highlights Expanded high-speed broadband homes passed by 11%Grew total high-speed subscribers by 2%Revenues declined 4% to $179.3 millionOperating income decreased to $2.7 millionNet loss was $(8.9) million, or $(0.69) per shareAdjusted EBITDA1 increased 2% to $44.3 millionNet cash provided by operating activities increased 55% to $35.9 millionCapital expenditures were $20.8 million (net of $22.4 million reimbursements)Net Debt Ratio3 was 2.52x on March 31, 2025 Reaffirmed Outlook for Full Year 2025 Revenue, excluding construction revenue, is expected to be in line with last year's result of $725 millionAdjusted EBITDA2 is expected
BEVERLY, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release first quarter 2025 results on Wednesday, April 30, 2025, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, May 1, 2025. Key details regarding the call are as follows: Call Date: Thursday, May 1, 2025 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/xdo8izcv Live Call Participant Link: https://register-conf.media-server.com/register/BId6b6354b10124b4fb2c1d82771c67755 Webcast Li
BEVERLY, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on April 7, 2025, on all common shares outstanding to stockholders of record as of March 31, 2025. About ATN ATN International, Inc. (NASDAQ:ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company's operating subsidiaries today primarily provide: (i) advanced wirele
Bundles are scalable and include unlimited internet, Microsoft 365, voice and help desk options According to the U.S. Chamber of Commerce, 99.9% of businesses in the U.S. are small businesses. Although many small businesses are a labor of love, their owners often find themselves working long hours and juggling multiple roles. "As a technology leader, we want to help Alaska's business leaders gain peace of mind when it comes to their organization's connectivity and IT," said Cindy Christopher, director, managed IT services, Alaska Communications. "Our Small Business Bundles combine our Unlimited Business Internet with scalable combinations of Microsoft 365 licenses and voice products. We'r
Fourth Quarter and Full Year 2024 Financial Highlights Grew total high-speed subscribers by 3%Expanded high-speed broadband homes passed by 16%Fourth-quarter revenues declined 9% to $180.5 million year over year; Full-year revenues declined 4% to $729.1 million, impacted by the conclusion of the Emergency Connectivity Fund (ECF) programFourth quarter operating income increased to $8.7 million year over year; Full year operating income decreased to a loss of $0.8 millionFourth quarter net income was $3.6 million, or $0.14 per diluted share, including an $8.9 million tax benefit; Full-year net loss was $(26.4) million, or $(2.10) per share, including a goodwill impairment charge of $35.3 mill
BEVERLY, Mass., Feb. 19, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release fourth quarter and full year 2024 results on Tuesday, March 4, 2025, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Wednesday, March 5, 2025. Key details regarding the call are as follows: Call Date: Wednesday, March 5, 2025 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/93i8ymnaLive Call Participant Link: https://register.vevent.com/register/BI4ac03bb430dd4e72b948402c521017f0 Webcas
Project will bridge the digital divide and create local jobs Alaskans living in the Athabascan community of Nenana will receive lifechanging broadband service, thanks to a Tribal Broadband Connectivity Program Round 2 grant funded by the National Telecommunications and Information Administration (NTIA). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213236816/en/Nenana, Alaska. (Photo: Business Wire) The collaboration between Nenana Native Association, Tanana Chiefs Conference and Alaska Communications will bring fiber to the home service to 362 households, 30 businesses, and nine anchor institutions. This transformative ef
BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025. "The Board's decision to increase the dividend at this time reflects our confidence in the company's financial strength and future cash flow generation," said Brad Martin, ATN's Chief Executive Officer. "As we move forward, we remain focused on monetizing the investments made during our recent three-year strategic capital spending cycle, supported by ongoing c
First Quarter 2025 vs. First Quarter 2024 Financial Highlights Expanded high-speed broadband homes passed by 11%Grew total high-speed subscribers by 2%Revenues declined 4% to $179.3 millionOperating income decreased to $2.7 millionNet loss was $(8.9) million, or $(0.69) per shareAdjusted EBITDA1 increased 2% to $44.3 millionNet cash provided by operating activities increased 55% to $35.9 millionCapital expenditures were $20.8 million (net of $22.4 million reimbursements)Net Debt Ratio3 was 2.52x on March 31, 2025 Reaffirmed Outlook for Full Year 2025 Revenue, excluding construction revenue, is expected to be in line with last year's result of $725 millionAdjusted EBITDA2 is expected
BEVERLY, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release first quarter 2025 results on Wednesday, April 30, 2025, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, May 1, 2025. Key details regarding the call are as follows: Call Date: Thursday, May 1, 2025 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/xdo8izcv Live Call Participant Link: https://register-conf.media-server.com/register/BId6b6354b10124b4fb2c1d82771c67755 Webcast Li
BEVERLY, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on April 7, 2025, on all common shares outstanding to stockholders of record as of March 31, 2025. About ATN ATN International, Inc. (NASDAQ:ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company's operating subsidiaries today primarily provide: (i) advanced wirele
Fourth Quarter and Full Year 2024 Financial Highlights Grew total high-speed subscribers by 3%Expanded high-speed broadband homes passed by 16%Fourth-quarter revenues declined 9% to $180.5 million year over year; Full-year revenues declined 4% to $729.1 million, impacted by the conclusion of the Emergency Connectivity Fund (ECF) programFourth quarter operating income increased to $8.7 million year over year; Full year operating income decreased to a loss of $0.8 millionFourth quarter net income was $3.6 million, or $0.14 per diluted share, including an $8.9 million tax benefit; Full-year net loss was $(26.4) million, or $(2.10) per share, including a goodwill impairment charge of $35.3 mill
BEVERLY, Mass., Feb. 19, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release fourth quarter and full year 2024 results on Tuesday, March 4, 2025, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Wednesday, March 5, 2025. Key details regarding the call are as follows: Call Date: Wednesday, March 5, 2025 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/93i8ymnaLive Call Participant Link: https://register.vevent.com/register/BI4ac03bb430dd4e72b948402c521017f0 Webcas
BEVERLY, Mass., Dec. 18, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on January 8, 2025, on all common shares outstanding to stockholders of record as of December 31, 2024. About ATN ATN International, Inc. (NASDAQ:ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company's operating subsidiaries today primarily provide: (i) advanced wi
"First-to-Fiber" and "Glass & SteelTM" Strategies Yield Year-Over-Year Increases in High-Speed Data Subscriber and Network Reach Metrics Total high-speed broadband subscribers increased 6% year-over-yearBroadband homes passed by high-speed data services expanded 20% year-over-yearCapital expenditures were $85.7 million (net of $71.8 million reimbursements) for the first nine months of 2024, reduced from $126.6 million (net of $14.3 million reimbursements) for the first nine months of 2023 Q3 2024 Results Highlighted by International Telecom Segment Fixed Revenue Growth, Cost Management Initiatives Supporting Margin Expansion International Telecom segment
BEVERLY, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release third quarter 2024 results on Tuesday, October 29, 2024, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Wednesday, October 30, 2024. Key details regarding the call are as follows: Call Date: Wednesday, October 30, 2024 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/i66c89kiLive Call Participant Link: https://register.vevent.com/register/BIbf889f89a57e4183ba9dbe6725fa759d Webcast Link
BEVERLY, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on October 4, 2024, on all common shares outstanding to stockholders of record as of September 30, 2024. About ATN ATN International, Inc. (NASDAQ:ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company's operating subsidiaries today primarily provide: (i) advanced
Paul Fenaroli Named Chief Executive Officer and Joins Board of Directors The Alaska Communications board of directors today announced the appointment of Paul Fenaroli as chief executive officer and a member of the board, effective January 6, 2025. "We are excited to welcome Paul Fenaroli as our new CEO," said Alaska Communications Chairman Brad Martin. "Paul brings a wealth of experience in corporate strategy, operational leadership, and a deep understanding of how to drive growth while maintaining a strong customer focus. His leadership will play a key role as we continue to build critical infrastructure and foster strong relationships in the Alaska market. We are confident that Paul w
Hexa Capital Consultancy PLT ("Hexa"), owner of the Malaysia-U.S. ("MYUS") cable based in Malaysia, appointed Alaska Communications as its U.S. Landing Party for the Malaysia-US (MYUS) cable. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911461243/en/ The MYUS cable is being planned with a ready for service date of mid-2028 and will connect Malaysia and the U.S. directly for the first time with high-capacity fiberoptic connectivity, increasing access to reliable and affordable digital services across Southeast Asia. The cable backbone will extend between the Malaysian Peninsula near Mersing to the U.S territory of Guam and th
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Alaska Communications, a leading connectivity solutions provider to the Alaska consumer and business markets, is pleased to welcome industry leader Jeff Vogt as chief operating officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240304106777/en/Pictured: Jeff Vogt. Photo courtesy of Alaska Communications. (Photo: Business Wire) Vogt will report to President and CEO Matt McConnell and will be responsible for the company's cross-functional operations, strategic direction, and transformation initiatives, with particular focus on delivering a best-in-class customer experience, driving enterprise innovation and continuing to upgr
CEO Michael Prior to Transition to Executive Chairman;COO Brad Martin to be Appointed Chief Executive Officer and Member of the Board;Justin Benincasa to Retire; Carlos Doglioli to be Named CFO BEVERLY, Mass., Nov. 15, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), today announced that Chief Operating Officer Brad Martin will succeed Michael Prior as President and Chief Executive Officer of ATN effective January 1, 2024, and join the board of directors. At that time, Mr. Prior will become Executive Chairman of the Company. In addition, Chief Financial Officer Justin Benincasa will retire from the Company in March 2024 following the completion of o
Alaska Communications president and CEO, Bill Bishop, died June 13. He died peacefully at home surrounded by his wife and children. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230614156761/en/Pictured: Bill Bishop. Photo courtesy of Alaska Communications. Originally from North Pole, Bishop joined Alaska Communications 19 years ago, serving in a variety of sales and executive roles. "On behalf of myself and the entire Alaska Communications Board and management team at ATN, I offer my, and our, condolences and deepest sympathies to Bill's family, and to his friends and colleagues," said Michael Prior, chairman, Alaska Communi
BEVERLY, Mass., March 15, 2022 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced today that April V. Henry has joined the Company's board of directors. Ms. Henry joins the Company's board of directors with over two decades of experience advising large global corporations and investors across the technology industry. Ms. Henry is the founder and managing partner of Hawkeye Digital, a firm that is focused on driving revenue growth, core decision-making and business and human capital transformation for companies at critical points in their growth cycle. In addition, she is currently Executive Vice President of Corporate Development for Science Inc. and Science Strategic Acqu
ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced today that on December 31, 2020 it entered into a definitive agreement pursuant to which the Company will be acquired by a newly formed entity owned by ATN International, Inc. (NASDAQ: ATNI) (“ATN”) and Freedom 3 Capital, LLC (“FC3”) in an all cash transaction valued at approximately $332 million, including net debt. The merger will result in Alaska Communications becoming a consolidated, majority owned subsidiary of ATN and is expected to close in the second half of 2021. Alaska Communications’ prior agreement to be acquired by an affilia
BEVERLY, Mass., Jan. 04, 2021 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ: ATNI) (“ATN”) announced today that it has agreed to acquire Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications”) in an all cash transaction valued at approximately $332.0 million, including outstanding net debt. ATN and financial partner Freedom 3 Capital, LLC (“F3C”) created a newly formed entity that has entered into a definitive agreement to acquire all the outstanding shares of Alaska Communications common stock for $3.40 per share in cash. ATN will operate and consolidate the new entity and Alaska Communications through its majority ownership stake. Michael Prior, Chairman
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