Profile: Atlantic Tele-Network Inc (ATNI.O)

ATNI.O on Nasdaq

54.65USD
22 Jul 2014
Price Change (% chg)

$0.68 (+1.26%)
Prev Close
$53.97
Open
$54.26
Day's High
$54.69
Day's Low
$54.05
Volume
24,665
Avg. Vol
59,026
52-wk High
$67.16
52-wk Low
$45.00

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Atlantic Tele-Network, Inc., incorporated on August 4, 1989, provides Wireless and Wireline telecommunications services in North America, Bermuda and the Caribbean. The Company offer wholesale wireless voice and data roaming services to national, regional, local and selected international wireless carriers in rural markets located principally in the Southwest and Midwest United States. The Company also offers wireless voice and data services to retail customers in Guyana, Bermuda, and in other smaller markets in the Caribbean and the United States. The Company’s local telephone and data services include its operations in Guyana and the mainland United States. In September 2013, the Company announced that it has completed the sale of its domestic retail wireless business operated under the Alltel name to AT&T.

Wireless Services

The Company operates its main retail network with code division multiple access (CDMA) technologies in both the 850 megahertz and 1900 megahertz bands. The Company’s networks comprise base stations and radio transceivers located on owned or leased towers and buildings, telecommunications switches and leased transport facilities. As of December 31, 2012, it owned and operated a total of approximately 1,600 base stations on nearly 1,200 owned and leased sites, a Network Operations Center (NOC), and multiple switching centers. The Company’s switching centers route calls, supervise call originations and terminations at cell sites and manage call handoffs. These locations also house platforms that enable its customers to use a range of services, including text messaging, picture messaging, voice mail and data services.

The Company offers a line-up of wireless devices and accessories designed to meet both the personal and professional needs of its customers. The Company’s device assortment includes a range of smartphones featuring the Android operating system in addition to a full line of feature phones, Universal Serial Bus (USB) data cards, wireless hot spots and various wireless solutions for small businesses. The Company has roaming agreements with approximately 55 United States-based wireless service providers and, as of December 31, 2012, had long-term roaming agreements with each of the four the United States national wireless network operators, including AT&T, Sprint, T-Mobile and Verizon Wireless.

Wireline Services

The Company’s Wireline services include operations in Guyana and the mainland United States. A portion of its International Integrated Telephony segment consists of Wireline services it provides in Guyana, where it is the licensed provider of domestic Wireline local and long distance telephone services into and out of the country. All its fixed access lines are digitally switched from its switching center in Georgetown, Guyana. The Company provides voice and data services using a network comprising telecommunications switching and related equipment that it owns and telecommunications lines that it lease from the incumbent telephone company. The Company operates high capacity fiber-optic ring networks in Vermont and New York State that it use to connect its enterprise markets and to provide wholesale data transport services to other carriers. As of December 31, 2012, it has approximately 74,000 business and 5,100 residential access line equivalents (ALEs), in billing.

The Company competes with Verizon Wireless, Fairpoint Communications, Level3 and Verizon Communications.

Company Address

Atlantic Tele-Network Inc

600 Cummings Center, Suite 268-Z
BEVERLY   MA   01915
P: +1978.6191300
F: +1302.6555049

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