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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
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ATN International, Inc. (Nasdaq: ATNI) announced a leadership transition, with COO Brad Martin succeeding Michael Prior as President and CEO, effective January 1, 2024. Justin Benincasa, the CFO, will retire in March 2024, and Carlos Doglioli will become the new CFO. The transition aims to ensure the continuity of the leadership team and the long-term success of ATN, focusing on executing the company's growth strategy and enhancing operating and capital efficiency.
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ATN International, Inc. reported solid revenue growth of 5% in Q3 2023. They achieved strong high-speed broadband subscriber growth of 20% and a 13% annual increase in mobile subscribers in international markets. The company reiterates its 2023 outlook and provides preliminary guidance for 2024.
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ATN International, Inc. to release Q3 2023 results on October 25, 2023.
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Tanana Chiefs Conference awarded $35 million grant to install high-speed broadband in underserved communities in Alaska.
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ATN International declares quarterly dividend of $0.21 per share.
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ATN International to present at Sidoti & Company 2023 Small Cap Virtual Investor Conference on Sept. 21, 2023.
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ATN International is modernizing its business with CSG's mediation and roaming settlement solutions to improve customer experiences and accelerate its growth plan. The partnership allows ATN to automate workflows, access real-time performance data, and reduce costs. ATN's operators also gain efficiency and flexibility, resulting in significant cost savings and improved customer experience.
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ATN International, Inc. (Nasdaq: ATNI) reported a 4% revenue growth to $186.4 million in the second quarter of 2023. The company increased total high-speed subscribers by 22% and expanded broadband homes passed by high-speed data services by 66%. Capital expenditures were $38.9 million, and operating income and Adjusted EBITDA improved. Net income increased to $0.8 million, and Adjusted EBITDA increased by 10% to $45.8 million. ATN reiterated its 2023 outlook, expecting Adjusted EBITDA to be in the range of $183 million to $193 million and capital expenditures to be in the range of $160 million to $170 million.
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FAQ
What is the current stock price of Atn Internationl (ATNI)?
The current stock price of Atn Internationl (ATNI) is $17.88 as of February 21, 2025.
What is the market cap of Atn Internationl (ATNI)?
The market cap of Atn Internationl (ATNI) is approximately 271.0M.
What does ATN International do?
ATN International provides digital infrastructure and telecommunications services, focusing on underserved and rural markets in North America and the Caribbean.
Where is ATN International headquartered?
ATN International is headquartered in Beverly, Massachusetts.
What are the main segments of ATN International's operations?
ATN International's operations are divided into two main segments: US Telecom and International Telecom.
What services does ATN International offer?
ATN International offers a range of services including wireless and wireline connectivity, high-speed broadband internet, mobile wireless services, local exchange services, and voice services.
What recent leadership changes have occurred at ATN International?
Brad Martin will succeed Michael Prior as President and CEO effective January 1, 2024. Justin Benincasa will retire as CFO, with Carlos Doglioli taking over the role.
What is the 'First-to-Fiber' strategy?
ATN International's 'First-to-Fiber' strategy aims to be the first provider to deliver high-speed fiber optic internet to rural and underserved areas.
What regions does ATN International primarily serve?
ATN International primarily serves rural and remote markets in the United States, Bermuda, and the Caribbean region.
How does ATN International contribute to digital inclusion?
ATN International invests in digital infrastructure to provide reliable internet and communication services to underserved and rural communities, enhancing connectivity and bridging the digital divide.
What is the 'Glass & Steel™' strategy?
The 'Glass & Steel™' strategy by ATN International focuses on integrating advanced fiber-optic ('glass') and steel tower infrastructure to enhance connectivity and service delivery.
How does ATN International support its subsidiaries?
ATN International supports its subsidiaries by providing strategic direction, financial backing, and access to advanced technologies to expand their service offerings and improve operational efficiency.
Atn Internationl
Nasdaq:ATNI
ATNI Rankings
ATNI Stock Data
271.00M
10.09M
33.26%
66.64%
1.45%
Telecom Services
Telephone Communications (no Radiotelephone)
United States
BEVERLY