Welcome to our dedicated page for Atn Internationl news (Ticker: ATNI), a resource for investors and traders seeking the latest updates and insights on Atn Internationl stock.
ATN International, Inc. (Nasdaq: ATNI) is a provider of digital infrastructure and communications services headquartered in Beverly, Massachusetts. The company reports that it operates in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets that require ongoing infrastructure investment.
This news page aggregates updates and announcements related to ATN International, Inc. and its affiliates. Readers can find earnings releases where the company reports quarterly financial results, including revenue by segment, operating income, and non-GAAP measures such as EBITDA, Adjusted EBITDA, Net Debt, and Net Debt Ratio. These releases also discuss trends in high-speed broadband homes passed, broadband customers, fiber route miles, and international mobile subscribers.
News items also cover Board and shareholder actions, such as declarations of quarterly dividends on ATN’s common stock and the outcomes of the company’s Annual Meeting of Stockholders. In addition, ATN and its affiliate Alaska Communications publish updates on network projects and service developments, including upgrades to submarine fiber optic cables and the introduction of managed Wi-Fi offerings for small businesses in Alaska.
Investors and followers of ATNI can use this page to review company communications about its advanced wireless and wireline connectivity services, carrier and enterprise communications services, and its focus on rural and remote markets. Regularly reviewing these articles can help readers understand how ATN describes its operating performance, network investments, and capital allocation decisions over time.
Geoverse has launched a national partner program to meet the rising demand for private cellular solutions in enterprises. This initiative allows partners to optimize offerings, including the new Network as a Service (NaaS), which enhances current networks with functionalities like device roaming and VoLTE. The program supports technology vendors, system integrators, and others by providing training, resources, and financial incentives as they successfully implement these solutions. The NaaS platform can integrate with existing networks, promoting rapid deployment without costly upgrades.
Geoverse, a private cellular network operator and subsidiary of ATN International (NASDAQ: ATNI), has launched its Network as a Service (NaaS) platform. This platform allows enterprises, OEMs, and systems integrators to enhance their private cellular networks using technologies like citizens band radio service (CBRS). The NaaS platform provides functionality such as roaming, VoLTE, and analytics, supporting fast deployment options. Geoverse aims to cater to growing demand for private networks by leveraging existing partnerships with over 90 service providers.
Geoverse announces the appointment of Bob Gault as the new Chief Commercial Officer. Gault will oversee sales and marketing efforts, aiming to expand partnerships and enhance business opportunities.
Reporting directly to CEO Rod Nelson, his role comes at a crucial growth phase for Geoverse, which operates in the private cellular network sector. Gault, previously Chief Revenue Officer at Extreme Networks, brings extensive experience from Cisco, indicating a strategic push to capitalize on market opportunities.
ATN International (Nasdaq: ATNI) reported third quarter 2020 results showing resilience amid pandemic challenges. Revenues decreased by 3% to $111.7 million, with operating income at $9.6 million, down from $10.2 million in Q3 2019. International Telecom segment grew revenues by 1% to $82.5 million, benefiting from cost reductions and increasing demand for broadband services. US Telecom revenues fell 15% to $28.1 million due to restructuring impacts. The company maintained a strong cash position with $136.2 million in cash and reported improved operating cash flow of $71.6 million year-to-date.
ATN International (Nasdaq: ATNI) will report its third quarter 2020 results on October 28, 2020, at approximately 5:00 p.m. (ET). Following this, a conference call is scheduled for October 29, 2020, at 11:00 a.m. (ET) to discuss these results. Investors can join the call by dialing (877) 734-4582 for US/Canada or (678) 905-9376 internationally, using conference ID 6472418. The call will also be available online via ATN's investor relations site. A replay of the call will be accessible after 2:00 p.m. (ET) on the same day.
ATN International (Nasdaq: ATNI) has declared a quarterly dividend of $0.17 per share, set to be paid on October 9, 2020. Stockholders must be on record by September 30, 2020 to receive this dividend. The company focuses on enhancing communications, energy, and technology infrastructure across the U.S., Caribbean, and Asia-Pacific, offering services such as mobile connectivity, high-speed internet, and solar electric power.
ATN (NASDAQ: ATNI) announced that its CEO Michael T. Prior and CFO Justin D. Benincasa will present at the Sidoti & Company Virtual Investor Conference on September 24, 2020, at 12:15 PM ET. The executives will also be available for one-on-one meetings throughout the day. ATN International focuses on investing and operating communication, energy, and technology businesses, primarily providing advanced connectivity, solar electric power, and wholesale communications services across the U.S., Caribbean, and Asia-Pacific regions.
ATN (NASDAQ: ATNI) will present at the Oppenheimer Virtual 23rd Annual Technology, Internet & Communications Conference on August 11, 2020. CEO Michael T. Prior and CFO Justin D. Benincasa are scheduled to participate in a fireside chat at 4:20pm ET, with opportunities for one-on-one meetings throughout the day. ATN International operates in communications, energy, and technology sectors, focusing on significant infrastructure investments across the U.S., the Caribbean, and Asia-Pacific.
ATN International reported Q2 2020 results with consolidated revenues of $109.1 million, up 1% year-over-year. Operating income increased to $7.0 million, and EBITDA rose 19% to $29.0 million. The International Telecom segment showed resilience, fueled by growing demand for broadband services, while US Telecom benefited from federal revenue support. However, the company faces challenges due to pandemic-related delays impacting international markets and construction timelines. The total cash standing was $125.9 million, providing financial flexibility.
ATN International (Nasdaq: ATNI) will release its second quarter 2020 financial results on July 29, 2020, at 5:00 p.m. ET. Following this, a conference call is scheduled for July 30, 2020, at 11:30 a.m. ET, to discuss the results. Interested parties can join by dialing (877) 734-4582 for US/Canada or (678) 905-9376 for international callers, using Conference ID 4642926. A replay of the call will be available starting at 2:30 p.m. ET the same day at ir.atni.com.
ATN International focuses on communications, energy, and technology investments.