ATN International, Inc - ATNI STOCK NEWS

Alaska Communications has established the Alaska Communications Advisory Board to enhance decision-making with diverse community insights. This initiative is led by CEO Bill Bishop, aiming to address the needs of local businesses and consumers in Alaska.

The inaugural advisory board comprises five local leaders, including David Karp from Saltchuk and Denali Kemppel from Hilcorp Alaska. Their focus will be on identifying opportunities and fostering dialogue within the community, thereby strengthening Alaska Communications' market position.

ATN International, Inc. (Nasdaq: ATNI) announced a quarterly dividend of $0.17 per share, set to be paid on January 7, 2022, to stockholders of record by December 31, 2021. The company operates communications and technology services across the United States and internationally, focusing on infrastructure investments and technology improvements, particularly in areas with high demand for connectivity solutions. Its services include advanced wireless, wireline connectivity, video, and voice services, as well as wholesale communication infrastructure.

Geoverse has announced a partnership with WCI Technologies to enhance private cellular solutions across various sectors, including energy and hospitality. This collaboration enables WCI to offer differentiated private cellular networks utilizing both Citizens Broadband Radio Service (CBRS) and licensed LTE spectrum, promoting seamless connectivity and secure operations. The partnership aims to cater to organizations seeking advanced telecommunications solutions, ultimately driving user experience improvements and operational efficiency.

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.