ATN International Inc (NASDAQ: ATNI) is a telecommunications company that provides mobile, fixed broadband, and carrier services to residential, business, and wholesale customers in rural and remote markets across the United States and internationally. Revenue comes from recurring subscription-based communication services, wholesale carrier agreements, and managed services contracts. The company operates two reportable segments: International Telecom, covering Bermuda, Guyana, the US Virgin Islands, and the Cayman Islands; and US Telecom, covering Alaska, rural markets in the western US, and select tribal territories. In FY2025, total consolidated revenue was approximately $729 million, split between International Telecom ($382 million) and US Telecom ($346 million). Key wholesale relationships include a Network Build and Maintenance Agreement with AT&T Mobility for FirstNet infrastructure and a Carrier Managed Services Master Agreement with Verizon Wireless for southwestern US network services. The company is headquartered in the United States and trades on NASDAQ.
- Revenue model
- Subscription-based communication services fees from mobility and fixed broadband customers, wholesale carrier roaming and transport fees, network build and maintenance contract revenue from AT&T and Verizon, tower rental and backhaul fees, and managed services contracts. In FY2025, total mobility revenue was $107.6 million, total fixed revenue was $453.9 million, and carrier services revenue was $134.8 million across both segments.
- Products and services
- Mobile voice and data services (consumer and business), fixed broadband (fiber, fixed wireless access, DSL), carrier wholesale services (roaming, transport, tower rental, backhaul), subsea fiber connectivity, managed IT services, construction services for carrier network builds, and bundled services under the Brava brand. Operates under tradenames including Alaska Communications, Commnet, Choice, Choice NTUA Wireless, Sacred Wind Communications, Ethos Broadband, Deploycom, One Communications, Logic, and Essextel.
- Customers and end markets
- Residential consumers, small and medium businesses, enterprise customers, and national wireless carriers. Wholesale carrier customers include AT&T Mobility (FirstNet Agreement) and Verizon Wireless (Carrier Managed Services Master Agreement). End markets are rural and remote communities, tribal territories, island markets, and underserved geographic areas. In FY2025, consumer fixed revenue was $261.8 million and business fixed revenue was $192.1 million on a consolidated basis.
- Value-chain role
- Facilities-based carrier owning and operating terrestrial fiber, fixed wireless, subsea fiber-optic cable systems, and wireless tower infrastructure. Acts as both a retail service provider to end customers and a wholesale network infrastructure provider to national carriers. Builds and maintains third-party carrier networks under long-term contracted agreements.
- Geographic exposure
- United States (Alaska, rural western US, southwestern US, tribal territories) and international markets (Bermuda, Guyana, US Virgin Islands, Cayman Islands). In FY2025, International Telecom contributed $376.5 million in communication services revenue and US Telecom contributed $329.7 million.
- Competitors
- Digicel, Liberty Latin America
