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ATN International, Inc.

Formerly	Atlantic Tele-Network, Inc.
Company type	Public
Traded as	Nasdaq: ATNI
Industry	Telecommunications
Founded	1987; 37 years ago (1987)
Headquarters	Beverly, Massachusetts, U.S.
Services	Local and long-distance telephone service Internet access Wireless Internet access Digital phone Fiber-optic Internet Wholesale
Revenue	US$451.206 million (2018)
Operating income	US$62.097 million (2018)
Net income	US$36.014 million (2018)
Total assets	US$1,109.386 million (2018)
Number of employees	1000
Subsidiaries	Commnet Wireless (Choice Wireless) GT&T Viya One Communications Stilmark Fireminds Logic Vibrant Energy Alaska Communications Geoverse
Website	www.atni.com

ATN International, Inc. (ATN) formerly known as Atlantic Tele-Network, Inc., is a publicly traded telecommunications company that is headquartered in Beverly, Massachusetts. It operates digital wireless, wireline, and both terrestrial and submarine fiber optic networks, serving markets that are geographically separated and technically challenging, such as the plains, deserts, and mountainous areas of the United States.

ATN's expertise is operating in underserved or niche markets, growing its business organically and through acquisitions by providing an alternative to national carriers.

On March 12, 2004, the company reported total operating revenues rose 11% to $78.9 million, as compared to $70.8 million for 2002.

Wired services

ATNI also operates Wireline and Fiber Services through GT&T (Guyana). In July 2016 ATNI acquired the Virgin Islands landline and wireless assets of Innovative Communications Corporation from Rural Utilities Cooperative Finance Corporation due to foreclosure. The combined United States Virgin Islands operating company is named Viya.

Wireless service

ATN operates wireless service in the United States as both a wholesale and a regional cellular provider via its subsidiary companies of Commnet Wireless, LLC (US)(Wholesale) in the western United States and Viya in the US Virgin Islands.

ATN also operates international cellular service as One in Bermuda. ATN previously owned Islandcom Wireless in Turks & Caicos (now defunct and had its former customers transferred to the Liberty Latin America-owned LIME/FLOW).

Acquisition of Alltel assets

On April 26, 2010, ATN acquired certain former Alltel wireless assets that Verizon Wireless was required to divest as part of the regulatory approvals granted for its purchase of Alltel earlier that year. Since that time, ATN, through its Alltel subsidiary Allied Wireless, has served subscribers primarily in rural areas across Georgia, North Carolina, South Carolina, Illinois, Ohio, and Idaho.

Sale of Alltel assets

On January 22, 2013, AT&T announced that it had signed an agreement with Atlantic Tele-Network to acquire the company's U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets, retail stores and approximately 585,000 subscribers.

Divestiture of Sovernet

In August 2016, ATN announced that it agreed sell its New England operations in Sovernet Communications and Sovernet's subsidiary Independent Optical Network (ION), operations to Oak Hill Capital Partners by early 2017.

See also

• List of mobile network operators of the Americas
• List of telecommunications regulatory bodies

References

1. "Atlantic Tele-Network is Now ATN International" (Press release). Atlantic Tele-Network, Inc. June 21, 2016 – via GlobeNewswire.
2. Atlantic Tele Network inc. "Form 10k fiscal year 2014" (PDF). Investor relations. Edgar Online. Retrieved 26 April 2015.
3. Atlantic Tele Network inc. "Form 10k fiscal year 2014" (PDF). Investor relations. Edgar Online. Retrieved 26 April 2015.
4. Atlantic Tele networks. "10k fiscal year 2014" (PDF). investor relations ATNI. Edgar online. Retrieved 26 April 2015.
5. Atlantic Tele Network inc. "Form 10k fiscal year 2014" (PDF). Investor relations. Edgar Online. Retrieved 26 April 2015.
6. Atlantic Tele Network inc. "Form 10k fiscal year 2014" (PDF). Investor relations. Edgar Online. Retrieved 26 April 2015.
7. "Atlantic Tele-Network, Inc. Reports 2003 Full Year Earnings Increase of 29% And fourth Quarter Earnings Increase of 25% Over fourth Quarter 2002".
8. Corporate Structure Archived 2011-07-07 at the Wayback Machine, and Atlantic Tele-Network Inc.
9. St. Croix Source: July second, 2016: ATN completes acquisition of Innovative
10. Viya: April 24, 2017: Innovative and Choice Wireless Enter A New Era As Viya
11. Corporate Structure Archived 2011-07-07 at the Wayback Machine, Atlantic Tele-Network Inc.
12. "Atlantic Tele-Network reports 9M15 revenue increase; updates on M&A progress". Comms Update. Retrieved 2020-09-11.
13. "Alltel lives on in Allied Wireless". Arkansas Online. 2010-10-03. Retrieved 2020-09-11.
14. Epstein, Zach (2013-01-22). "AT&T to acquire Alltel for $780 million". BGR. Retrieved 2020-09-11.
15. "AT&T snatches up Alltel's US operations for $780 million". Engadget. Retrieved 2020-04-27.
16. "Oak Hill Partners acquires Sovernet Communications, further expands Northeast fiber network presence". FierceTelecom. Retrieved 2020-09-11.
17. "Bellows Falls company to be purchased by private equity firm". The Brattleboro Reformer. Retrieved 2020-09-11.

External links

• Official Website

• Telecommunications companies established in 1987
• 1987 establishments in Massachusetts
• Mobile phone companies of the United States
• Companies based in Beverly, Massachusetts
• Telecommunications companies based in Massachusetts
• Companies listed on the Nasdaq