ATN International, Inc - ATNI STOCK NEWS

Geoverse is set to deploy a pilot for a CBRS based neutral host network at the Caribe Royale Orlando, enhancing cellular coverage across the resort. This venue, the largest all-suites property in Central Florida, seeks to improve guest experiences through reliable connectivity. The neutral host solution offers advantages over traditional systems, including cost efficiency and flexibility. The partnership aims to integrate private cellular services with existing Wi-Fi to boost operational efficiency and connectivity for guests and staff alike.

Alaska Communications has launched services utilizing low Earth orbit (LEO) satellites, enhancing connectivity for businesses, schools, and healthcare providers in Alaska. The new service offers high-speed, low-latency internet access, enabling applications like telehealth and cloud computing. President and CEO Bill Bishop highlighted this development as a milestone for the company's customer service capabilities. They have also partnered with Bristol Bay Telephone Cooperative to further improve local connectivity. This initiative marks a significant step in meeting the growing internet demands in remote areas.

ATN International, Inc. (Nasdaq: ATNI) reported a 49% year-on-year revenue growth in Q3 2021, reaching $166.8 million. This was primarily driven by the acquisition of Alaska Communications, which contributed $46.8 million to revenues. Despite a net loss of $2.6 million for the quarter, Adjusted EBITDA rose to $36.8 million, aided by increased fiber-based services and FirstNet construction revenues. The company is focusing on expanding its domestic network and enhancing international telecom services to capitalize on growth opportunities.

Alaska Communications has partnered with OneWeb to provide low Earth orbit (LEO) satellite services to Bristol Bay Telephone Cooperative, enhancing connectivity in the remote Bristol Bay region. This partnership aims to reduce high data costs and improve internet access for local residents. The LEO service will initially connect BBTC's offices and facilities, with plans to extend this service to residents. The rollout is expected to begin in November, offering affordable mobile data options for the community.

ATN International, Inc. (Nasdaq: ATNI) announced it will report its third quarter 2021 results on October 27, 2021, at around 5:00 p.m. (ET). A conference call to discuss the results is set for October 28, 2021, at 10:00 a.m. (ET). Interested participants can join via dial-in at (877) 734-4582 for those in the US/Canada or (678) 905-9376 for international calls, using the conference ID 7087676. A replay will be available on their website starting at 1:00 p.m. (ET) on the same day.

Geoverse has partnered with CNI Sales to enhance private wireless connectivity in the education, healthcare, and municipal sectors. CNI will integrate Geoverse’s LTE and CBRS wireless solutions, providing reliable connectivity to bridge the digital divide. CEO Rod Nelson highlights the opportunity for community connectivity through federal stimulus programs. CNI aims to leverage private spectrum technologies to solve connectivity challenges across various sectors, emphasizing the impact on education and smart city initiatives.

ATN International, Inc. (Nasdaq: ATNI) has declared a quarterly dividend of $0.17 per share, scheduled for payment on October 8, 2021. The record date for stockholders is set for September 30, 2021. Based in Beverly, Massachusetts, ATN operates in communications and technology across the U.S. and internationally, focusing on rural and remote markets. The company's services include wireless, wireline, and broadband connectivity, as well as carrier and enterprise communications.

Alaska Communications announces the availability of DIRECTV STREAM services for all Alaskans, allowing access to local, national, and premium channels on multiple devices. This initiative aims to meet the evolving entertainment needs of consumers, offering flexible package options that start at over 65 channels. Alaskans can also bundle this service with Unlimited Internet packages for additional savings. DIRECTV STREAM packages include affiliates like ABC, CBS, FOX, and NBC, with options for premium channels like HBO Max and SHOWTIME.

Nearly 1,250 residents in Hoonah and Gustavus, Alaska, may soon gain access to high-speed internet via fiber optic connections, pending NTIA grant approval. The Hoonah Indian Association and Alaska Communications plan to create a subsea cable network, enhancing remote work, distance learning, and telehealth options. Additionally, a community technology center will support education and access to services. Grant applications were submitted on Sept. 1, with NTIA expected to award funds by the end of 2021, and project completion anticipated by December 2023.