ATN Announces Completion of Sacred Wind Transaction
08 November 2022 - 9:17AM
ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a
leading provider of digital infrastructure and communications
services, today announced that it has completed its previously
announced acquisition of Sacred Wind Enterprises, Inc., a privately
owned rural telecommunication provider in New Mexico. The
acquisition was completed by ATN subsidiary Commnet Broadband, a
regional owner and operator of bandwidth infrastructure serving the
rural Southwest United States, and the Company expects the
transaction to increase Commnet’s wholesale carrier, residential
and business broadband services. ATN will consolidate the results
of Sacred Wind’s operations with Commnet in its “US Telecom”
segment.
About ATN
ATN International, Inc. (Nasdaq: ATNI),
headquartered in Beverly, Massachusetts, is a provider of digital
infrastructure and communications services in the United States and
internationally, including the Caribbean region, with a focus on
rural and remote markets with a growing demand for infrastructure
investments. The Company’s operating subsidiaries today primarily
provide: (i) advanced wireless and wireline connectivity to
residential, business and government customers, including a range
of high-speed Internet and data services, fixed and mobile wireless
solutions, and video and voice services; and (ii) carrier and
enterprise communications services, such as terrestrial and
submarine fiber optic transport, and communications tower
facilities. For more information, please visit www.atni.com.
Contact:
Justin D. BenincasaChief Financial OfficerATN
International, Inc.978-619-1300
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