Atn Internationl - ATNI STOCK NEWS

Geoverse has launched Virtual Voice Connect (VVC) and Enterprise Voice Connect (EVC), enhancing its private cellular network with advanced voice calling capabilities. These solutions enable enterprises to expand mobile communication easily and affordably, leveraging existing smartphones for a superior user experience. With compliance to 3GPP and QoS standards, Geoverse ensures high-quality, secure voice communications on a national scale. This offering targets organizations looking to upgrade their voice services without significant capital investments.

ATN International, Inc. (Nasdaq: ATNI) declared a quarterly dividend of $0.17 per share, set to be paid on January 8, 2021, to stockholders of record as of December 31, 2020. The company focuses on investing in communications, energy, and technology sectors, including advanced wireless services, solar electric power, and wholesale communications infrastructure. This dividend reflects ATNI's commitment to returning value to shareholders while operating in markets that require substantial infrastructure investments.

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.