ATN International, Inc. provides digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets. Its subsidiaries deliver wireless and wireline connectivity for residential, business and government customers, including high-speed Internet and data services, fixed and mobile wireless solutions, video and voice services, terrestrial and submarine fiber optic transport, and communications tower facilities.
ATNI news commonly covers quarterly operating results, broadband homes passed and subscriber trends, international mobile activity, capital spending, dividends, executive leadership changes, and updates from Alaska Communications. Company announcements also include broadband network expansion, managed connectivity services, home Wi-Fi offerings, and government-supported infrastructure projects in underserved markets.
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.
JCI US Inc., a subsidiary of Japan Communications Inc., has launched a new service leveraging Geoverse's Network-as-a-Service for private LTE network solutions. This offering includes Citizens Broadband Radio Service (CBRS) and public cellular networks, enabled via JCIUS' USIM programmable SIM platform. Geoverse, under ATN International, provides dedicated Edge Enhanced Packet Core networks for this service. The partnership aims to enhance JCI's portfolio of CBRS solutions, enabling customers to connect seamlessly to private and public networks.
ATN International, Inc. (Nasdaq: ATNI) has declared a quarterly dividend of $0.17 per share, scheduled for payment on July 10, 2020. This dividend applies to all common shares outstanding, with a record date set for June 30, 2020. ATN focuses on operating in communications, energy, and technology sectors, emphasizing markets needing significant infrastructure investments. Their services include wireless connectivity, solar power solutions, and wholesale communications infrastructure.
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