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ATN International, Inc. (Nasdaq: ATNI) is a prominent provider of digital infrastructure and communications services, with a special focus on serving underserved and rural markets in North America and the Caribbean. Headquartered in Beverly, Massachusetts, ATN International operates through its various subsidiaries to deliver both wireless and wireline connectivity solutions. These include high-speed broadband internet, mobile wireless services, voice services, and local exchange services, ensuring reliable communication for residential, business, and government customers.
ATN International's operations are broadly categorized into two segments: US Telecom and International Telecom. The company's strategic initiatives, such as its
ATN International, Inc. (NASDAQ: ATNI) has completed its acquisition of Alaska Communications Systems Group, Inc. in an all-cash deal valued at approximately $343 million, including outstanding net debt. Each share of Alaska Communications’ common stock was exchanged for $3.40 in cash. This acquisition will enhance ATN's US Telecom segment, leveraging Alaska Communications' focus on customer satisfaction and fiber-based services. Both companies anticipate synergies and improved service delivery in Alaska's market.
Geoverse announces a partnership with Walker and Associates, enhancing their managed private CBRS/LTE solutions. Walker, known for distributing network products, gains access to Geoverse’s services, targeting the $1B CBRS market. Gus Vasilakis from Walker emphasizes the opportunity to better serve customers with professional services. Geoverse's solutions feature seamless integration and scalability through GeoCore, benefiting businesses with dedicated support. Their user devices list includes major tech brands, showcasing real-world use cases in private LTE and CBRS.
ATN International, Inc. (Nasdaq: ATNI) will report its Q2 2021 results on July 28, 2021, at 5:00 p.m. (ET). A conference call to discuss the results and the company's acquisition of Alaska Communications is scheduled for July 29, 2021, at 10:00 a.m. (ET). Interested parties can join the call by dialing (877) 734-4582 for US/Canada or (678) 905-9376 for international calls, using the Conference ID: 7032438. A replay will be available post-call at ir.atni.com.
ATN International, Inc. (Nasdaq: ATNI) declared a quarterly dividend of $0.17 per share, payable on July 9, 2021, to stockholders of record as of June 30, 2021. This decision reflects ATN's ongoing commitment to delivering shareholder value. The company, headquartered in Beverly, Massachusetts, operates in communications, energy, and technology sectors both in the U.S. and internationally, particularly in infrastructure-focused markets. Services include advanced wireless connectivity, high-speed internet, and wholesale communications infrastructure.
Geoverse has launched a new online portal to empower its partner community in delivering managed private cellular solutions. This initiative is part of the company's ongoing strategy, initiated with a national partner program in December 2020, aimed at meeting the growing demand for private cellular solutions among enterprises and property owners. The portal offers essential resources including training, real-world use cases, and tools for deal registration. Geoverse aims to foster partner success through effective support and a flexible service model, enhancing revenue and market opportunities.
Geoverse, a provider of private LTE/5G networks, has joined Zebra's PartnerConnect program as a registered Independent Software Vendor (ISV). This partnership enables Geoverse to leverage Zebra's innovative device portfolio, training, and marketing benefits to enhance its offerings in the transportation, logistics, and manufacturing sectors. By integrating Zebra's user devices with Geoverse's networks, the company aims to provide scalable wireless solutions that improve service functionality and user experience.
ATN International, Inc. (ATNI) reported first-quarter 2021 results with revenues of $124.5 million, a 12% increase year-over-year. International Telecom revenue grew to $83.8 million, while US Telecom revenue surged 48% to $40.3 million, fueled by FirstNet construction revenues. However, operating income dropped to $3.3 million from $7.3 million, and Adjusted EBITDA decreased to $24.7 million from $29.9 million due to rising operating costs. The company anticipates closing the acquisition of Alaska Communications mid-2021, which is expected to enhance future revenue and EBITDA growth.
ATN International (Nasdaq: ATNI) has announced an upcoming conference call to discuss its first quarter 2021 results. The call is scheduled for April 28, 2021, at 9:30 a.m. ET, following the report release on April 27, 2021. Investors can join by dialing (877) 734-4582 for US/Canada or (678) 905-9376 for international participants. The conference ID is 5067947. A live simulcast will be available online at ir.atni.com, with a replay starting at 1:00 p.m. ET on the same day.
Geoverse has been recognized by CRN in its 2021 Partner Program Guide, receiving a prestigious 5-Star rating. This accolade highlights Geoverse's commitment to providing exceptional partner programs within the IT channel. The guide evaluates vendors based on investment in partner offerings, profitability, support, and market opportunities. Geoverse stands out for its private cellular networks, utilizing innovative CBRS and licensed LTE technologies, offering partners scalable solutions through its GeoCore Platform. This recognition emphasizes Geoverse’s expanding market presence and partner support.
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