Welcome to our dedicated page for Atn Internationl news (Ticker: ATNI), a resource for investors and traders seeking the latest updates and insights on Atn Internationl stock.
ATN International Inc (ATNI) delivers essential telecommunications services to rural and remote markets across North America, the Caribbean, and Bermuda. This news hub provides investors and industry observers with timely updates on the company’s progress in bridging digital divides through wireless solutions, broadband expansion, and infrastructure development.
Access all official ATNI press releases and curated news coverage in one location, including updates on network investments, regulatory developments, and market expansions. Our repository helps stakeholders track:
• Earnings reports and financial performance
• Strategic partnerships with local communities
• Technology deployments in underserved regions
• Leadership announcements and operational milestones
Bookmark this page for streamlined access to ATN International’s latest developments. Check regularly for updates on how the company continues to connect challenging markets with modern digital infrastructure solutions.
ATN International, Inc. (ATNI) reported a revenue increase of 8% to $185.8 million for Q1 2023, driven by strong subscriber growth and high-speed broadband expansion. Total high-speed subscribers rose by 18%, while broadband homes passed grew by 56% due to investments in fiber networks in regions like Guyana and Alaska. Despite these gains, ATN faced a net loss of $(5.9) million, up from $(0.9) million a year ago, primarily due to increased interest expenses. Adjusted EBITDA rose 6% to $44.8 million. The company reiterated its 2023 outlook, projecting adjusted EBITDA of $183 million to $193 million and capital expenditures between $160 million and $170 million.
ATN International (Nasdaq: ATNI) announced it will release its Q1 2023 financial results on April 26, 2023, after market close. Following the release, the company will host a conference call on April 27, 2023, at 10:00 a.m. ET to discuss the results.
The conference call will be accessible via a webcast, which can be found on the Company's Investor Relations website. A replay will be available shortly after the call concludes, alongside an investor presentation for further insights.
The Alaska Communications board has appointed Jim McCarley as interim CEO while Bill Bishop takes a leave of absence for health reasons related to cancer treatment. McCarley brings over 30 years of technology experience, including in aerospace and oil and gas, and has a strong track record in regulated industries. He will focus on engaging with employees, customers, and community leaders, and plans to move to Anchorage. McCarley will officially assume his role on April 24. Alaska Communications is a leading provider of broadband and managed IT services in Alaska and operates a statewide data network.
