Atn Internationl SEC Filings

ATN International, Inc. completed the initial closing of its Tower Sale Transaction, selling a substantial portion of its Southwestern U.S. tower portfolio to an Everest affiliate and receiving $268 million in cash proceeds. A portion of the tower sites will transfer later when specified site conditions are met, with up to an additional $30 million of potential payments.

The company used $68 million of net cash proceeds to repay borrowings under its CoBank revolving credit facility and recorded a preliminary gain on sale. ATN now expects the remaining seven months of 2026 to see revenue lower by $3 million, operating income lower by $4 million, and Adjusted EBITDA lower by $7 million, revising its 2026 Adjusted EBITDA outlook from $190–$200 million to $183–$193 million. Unaudited pro forma financial information reflects the transaction’s impact on its balance sheet and results.

ATN International, Inc. reported a narrower quarterly loss while advancing a major tower sale. For the three months ended March 31, 2026, revenue was $182.2M versus $179.3M a year earlier, driven mainly by communication services. Income from operations rose to $11.7M from $2.7M, but higher taxes and other expense led to a net loss attributable to stockholders of $2.8M, or $0.29 per share, compared with a $8.9M loss, or $0.69 per share, last year.

The company signed an agreement to sell about 214 US tower sites for up to $297M in cash and expects initial closing in the second quarter of 2026 with gross proceeds of $250M–$270M and an anticipated gain of $218M–$238M before costs. Net cash provided by operating activities was $29.8M, funding $21.0M of capital expenditures and dividends of $0.275 per share. Total assets were $1.67B, long-term debt (including current portion) was $570.2M, and total equity was $545.6M.

ATN International reported improved first-quarter 2026 results with reaffirmed full-year guidance. Revenue was $182.2 million, up 1.6% from $179.3 million a year earlier, driven by higher carrier services and international ancillary revenues. Operating income rose to $11.7 million from $2.7 million as cost containment and lower depreciation supported profitability.

Net loss attributable to stockholders narrowed to $2.8 million, or $0.29 per share, from $8.9 million, or $0.69 per share. Adjusted EBITDA increased 10% to $48.6 million, and the Adjusted EBITDA margin expanded from 24.7% to 26.7%. International Telecom generated $96.1 million of revenue and US Telecom $86.2 million.

The company continues to expect the initial closing of its pending US tower portfolio sale in the second quarter of 2026, targeting gross proceeds of approximately $250 million to $270 million, with additional closings of about $27 million to $47 million over the following 12 months. ATN reaffirmed its 2026 full-year financial outlook and reported a net debt ratio of 2.30x based on $446.7 million of net debt. High-speed broadband homes passed reached 523,300, up 24% versus the prior-year quarter.

ATN International, Inc. will hold its 2026 annual stockholder meeting on June 16, 2026 at its Beverly, Massachusetts headquarters. Holders of 15,380,853 common shares as of April 20, 2026 may vote on three main items: electing seven directors, an advisory “Say on Pay” vote on executive compensation, and ratifying PricewaterhouseCoopers LLP as independent auditor for 2026.

The proxy describes a recent leadership transition in which Naji N. Khoury became Chief Executive Officer and is now nominated to join the Board, while former CEO Brad W. Martin left the Board. It outlines governance structures, including an Executive Chairman role for Michael T. Prior, a Lead Independent Director, fully independent key committees, and a skills-based director nomination process. Executive pay is structured around base salary, annual cash bonuses linked to financial metrics such as Adjusted EBITDA and cash flow, and a mix of time-based and performance-based stock units intended to align management incentives with long-term stockholder value.

Khoury Naji reported acquisition or exercise transactions in this Form 4 filing.

ATN International, Inc. CEO Naji Khoury reported equity awards consisting of time-based and performance-based stock units. He received 36,853 restricted stock units that vest in four equal installments on April 24 of 2027, 2028, 2029 and 2030, delivering the same number of common shares as they vest.

Khoury was also granted 36,853 performance-based restricted stock units, each representing a contingent right to one common share. The final number of shares that vest can range from zero to 150% of this target, based on the company’s total shareholder return versus the Russell 2000 Index over a performance period from March 17, 2026 to March 16, 2029.

ATN International, Inc. filed an initial ownership report on Form 3 for CEO Naji Khoury. This filing establishes his status as a reporting insider of the company but does not list any share holdings or transactions. It serves as a baseline disclosure of insider reporting obligations.

ATN International, Inc. ten percent owner Cornelius B. Prior Jr. reported a bona fide gift of 1,700 shares of Common Stock. The gift carried a reported price of $0.00 per share, reflecting that no sale for cash took place.

After the gift, Prior directly holds 4,174,303 Common shares, and also reports indirect holdings of 363,424 shares as Trustee of a revocable trust, 8,227 shares through Tropical Aircraft Co., and 500 shares held by his wife. This filing records a non-market transfer rather than a purchase or sale.

Dimensional Fund Advisors reports ownership of 748,312 shares (4.9%) of ATN International Inc. common stock on an amended Schedule 13G/A. The filing states Dimensional has sole voting power over 730,934 shares and sole dispositive power over 748,312 shares, and disclaims beneficial ownership because the shares are owned by managed Funds.