$ATNI
ATN International, Inc. Stock $atni

$atni Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000110465911062549 Filed on November 09, 2011

Income Statement

Concept	2011 Q4	2011 Q3	2010 Q4
Revenue	$182.9M	$194.3M	$194.7M
YoY Change	-6.04%	-5.18%	226.13%
Cost Of Revenue	$69.20M	$97.10M	$112.0M
YoY Change	-38.21%	-17.22%	604.4%
Gross Profit	$113.8M	$97.20M	$82.70M
YoY Change	37.61%	10.83%	89.24%
Gross Profit Margin	62.21%	50.01%	42.48%
Selling, General & Admin	$51.80M	$58.98M	$27.10M
YoY Change	91.14%	-7.6%	168.32%
% of Gross Profit	45.52%	60.68%	32.77%
Research & Development	$21.30M	$20.20M	$24.30M
YoY Change	-12.35%	-9.42%	242.25%
% of Gross Profit	18.72%	20.78%	29.38%
Depreciation & Amortization	$27.30M	$26.71M	$24.10M
YoY Change	13.28%	11.42%	138.61%
% of Gross Profit	23.99%	27.48%	29.14%
Operating Expenses	$172.0M	$166.7M	$75.50M
YoY Change	127.82%	-12.78%	175.55%
Operating Profit	$10.94M	$27.65M	$7.200M
YoY Change	51.93%	99.96%	-55.83%
Interest Expense	-$3.300M	$4.320M	-$2.600M
YoY Change	26.92%	34.92%
% of Operating Profit	-30.17%	15.63%	-36.11%
Other Income/Expense, Net	-$3.062M	-$3.237M	$100.0K
YoY Change	-3162.0%	18.05%	-83.33%
Pretax Income	$7.877M	$24.41M	$6.800M
YoY Change	15.84%	120.22%	-44.26%
Income Tax	$4.494M	$11.19M	$4.200M
% Of Pretax Income	57.05%	45.86%	61.76%
Net Earnings	$3.383M	$13.22M	$3.300M
YoY Change	2.52%	118.01%	-36.54%
Net Earnings / Revenue	1.85%	6.8%	1.69%
Basic Earnings Per Share	$0.27	$0.74
Diluted Earnings Per Share	$0.27	$0.73	$212.9K
COMMON SHARES
Basic Shares Outstanding	15.41M shares	15.40M shares
Diluted Shares Outstanding		15.49M shares

Balance Sheet

Concept	2011 Q4	2011 Q3	2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$48.70M	$52.10M	$37.30M
YoY Change	30.56%	-15.7%	-58.65%
Cash & Equivalents	$48.74M	$52.11M	$37.33M
Short-Term Investments
Other Short-Term Assets	$31.60M	$27.80M	$30.50M
YoY Change	3.61%	67.47%	125.93%
Inventory	$20.80M	$15.90M	$26.60M
Prepaid Expenses
Receivables	$71.16M	$79.70M	$59.87M
Other Receivables	$11.50M	$9.600M	$0.00
Total Short-Term Assets	$183.9M	$185.2M	$154.3M
YoY Change	19.19%	15.51%	13.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$483.2M	$471.2M	$463.9M
YoY Change	4.16%	6.8%	113.77%
Goodwill	$45.08M		$44.40M
YoY Change	1.53%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$19.76M	$18.30M	$17.00M
YoY Change	16.2%	-20.09%	6.26%
Total Long-Term Assets	$689.8M	$681.2M	$668.7M
YoY Change	3.17%	4.34%	115.63%
TOTAL ASSETS
Total Short-Term Assets	$183.9M	$185.2M	$154.3M
Total Long-Term Assets	$689.8M	$681.2M	$668.7M
Total Assets	$873.7M	$866.4M	$822.9M
YoY Change	6.17%	6.54%	84.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$57.30M	$56.50M	$54.70M
YoY Change	4.75%	33.89%	84.18%
Accrued Expenses	$7.700M	$18.50M	$9.400M
YoY Change	-18.09%	277.55%	-5.05%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$25.07M	$20.60M	$12.19M
YoY Change	105.58%	68.85%	229.57%
Total Short-Term Liabilities	$145.8M	$147.9M	$138.3M
YoY Change	5.41%	-2.01%	143.06%
LONG-TERM LIABILITIES
Long-Term Debt	$257.1M	$274.1M	$272.0M
YoY Change	-5.48%	9.29%	290.88%
Other Long-Term Liabilities	$29.37M	$30.50M	$30.30M
YoY Change	-3.08%	-10.29%	450.98%
Total Long-Term Liabilities	$286.5M	$304.6M	$302.4M
YoY Change	-5.24%	6.95%	302.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$145.8M	$147.9M	$138.3M
Total Long-Term Liabilities	$286.5M	$304.6M	$302.4M
Total Liabilities	$521.2M	$512.2M	$493.9M
YoY Change	5.53%	-3.68%	158.86%
SHAREHOLDERS EQUITY
Retained Earnings	$190.3M		$182.4M
YoY Change	4.35%
Common Stock	$118.8M		$113.2M
YoY Change	4.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.942M		$4.724M
YoY Change	4.61%
Treasury Stock Shares	504.6K shares	502.5K shares	499.2K shares
Shareholders Equity	$294.3M	$294.9M	$283.8M
YoY Change
Total Liabilities & Shareholders Equity	$873.7M	$866.4M	$822.9M
YoY Change	6.17%	6.54%	84.27%

Cashflow Statement

Concept	2011 Q4	2011 Q3	2010 Q4
OPERATING ACTIVITIES
Net Income	$3.383M	$13.22M	$3.300M
YoY Change	2.52%	118.01%	-36.54%
Depreciation, Depletion And Amortization	$27.30M	$26.71M	$24.10M
YoY Change	13.28%	11.42%	138.61%
Cash From Operating Activities	$47.90M	$41.70M	$2.500M
YoY Change	1816.0%	5.3%	-88.53%
INVESTING ACTIVITIES
Capital Expenditures	-$35.50M	-$20.50M	-$44.00M
YoY Change	-19.32%	-48.23%	126.8%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$1.200M	$0.00
YoY Change		-152.17%	-100.0%
Cash From Investing Activities	-$35.50M	-$19.20M	-$44.10M
YoY Change	-19.5%	-54.18%	108.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-15.70M	-17.20M	17.10M
YoY Change	-191.81%	-368.75%	-389.83%
NET CHANGE
Cash From Operating Activities	47.90M	41.70M	2.500M
Cash From Investing Activities	-35.50M	-19.20M	-44.10M
Cash From Financing Activities	-15.70M	-17.20M	17.10M
Net Change In Cash	-3.300M	5.300M	-24.50M
YoY Change	-86.53%	29.27%	362.26%
FREE CASH FLOW
Cash From Operating Activities	$47.90M	$41.70M	$2.500M
Capital Expenditures	-$35.50M	-$20.50M	-$44.00M
Free Cash Flow	$83.40M	$62.20M	$46.50M
YoY Change	79.35%	-21.46%	12.86%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2011Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2011Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2010Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-7059000	USD
CY2011Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	16400000	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	182390000	USD
CY2010Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	113002000	USD
CY2010Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4724000	USD
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	159000	USD
CY2010Q4	us-gaap	Liabilities Liabilities	499160000	USD
CY2010Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	272049000	USD
CY2010Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	30304000	USD
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	828196000	USD
CY2010Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	58505000	USD
CY2010Q4	us-gaap	Liabilities Current LiabilitiesCurrent	138302000	USD
CY2010Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	41172000	USD
CY2010Q4	us-gaap	Customer Advances And Deposits Current CustomerAdvancesAndDepositsCurrent	17398000	USD
CY2010Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	9413000	USD
CY2010Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	3394000	USD
CY2010Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	54731000	USD
CY2010Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	12194000	USD
CY2010Q4	us-gaap	Assets Assets	828196000	USD
CY2010Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	17002000	USD
CY2011Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	354133000	USD
CY2010Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	5252000	USD
CY2010Q4	atni	Finite Lived Customer Relationships Net FiniteLivedCustomerRelationshipsNet	49031000	USD
CY2010Q4	atni	Finite Lived Trade Names Net FiniteLivedTradeNamesNet	13491000	USD
CY2010Q4	us-gaap	Goodwill Goodwill	44397000	USD
CY2010Q4	us-gaap	Indefinite Lived License Agreements IndefiniteLivedLicenseAgreements	80843000	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	463891000	USD
CY2010Q4	us-gaap	Assets Current AssetsCurrent	154289000	USD
CY2011Q3	us-gaap	Stockholders Equity StockholdersEquity	294923000	USD
CY2010Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14221000	USD
CY2010Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	15787000	USD
CY2010Q4	us-gaap	Inventory Gross InventoryGross	26614000	USD
CY2010Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	59870000	USD
CY2010Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	467000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	37330000	USD
CY2011Q3	us-gaap	Liabilities Liabilities	512240000	USD
CY2011Q3	us-gaap	Liabilities Current LiabilitiesCurrent	147865000	USD
CY2011Q3	us-gaap	Assets Assets	866373000	USD
CY2011Q3	us-gaap	Assets Current AssetsCurrent	185157000	USD
CY2010Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	329036000	USD
CY2010Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.22
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.27
CY2010Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.41
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15476000	shares
CY2010Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15502000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15303000	shares
CY2010Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15349000	shares
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
CY2011Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	52113000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	3338000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4322000	USD
CY2011Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	866373000	USD
CY2010Q4	us-gaap	Minority Interest MinorityInterest	45268000	USD
CY2010Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	499178	shares
CY2010Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15383181	shares
CY2010Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15882359	shares
CY2010Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2010Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2010Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.30
CY2010Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.41
	atni	Net Income Attributable To Noncontrolling Interests Tax NetIncomeAttributableToNoncontrollingInterestsTax	1400000	USD
	atni	Net Income Attributable To Noncontrolling Interests Tax NetIncomeAttributableToNoncontrollingInterestsTax	1800000	USD
	atni	Gain On Bargain Purchase Deferred Tax GainOnBargainPurchaseDeferredTax	18016000	USD
CY2010Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2010Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	283768000	USD
CY2010Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	13800000	USD
CY2011Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	502466	shares
CY2011Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15407318	shares
CY2011Q3	atni	Net Income Attributable To Noncontrolling Interests Tax NetIncomeAttributableToNoncontrollingInterestsTax	600000	USD
CY2010Q3	atni	Net Income Attributable To Noncontrolling Interests Tax NetIncomeAttributableToNoncontrollingInterestsTax	500000	USD
CY2010Q3	atni	Gain On Bargain Purchase Deferred Tax GainOnBargainPurchaseDeferredTax	18016000	USD
	us-gaap	Profit Loss ProfitLoss	18514000	USD
	us-gaap	Operating Expenses OperatingExpenses	531940000	USD
	us-gaap	Revenues Revenues	576253000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-212000	USD
	us-gaap	Profit Loss ProfitLoss	34962000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	15447000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	50409000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	21387000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	435000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	456000	USD
	us-gaap	Business Combination Bargain Purchase Gain Recognized Amount BusinessCombinationBargainPurchaseGainRecognizedAmount	27024000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	329000	USD
	us-gaap	Interest Expense InterestExpense	6857000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	29022000	USD
	us-gaap	Operating Expenses OperatingExpenses	395458000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	52585000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	15881000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	61728000	USD
	atni	Cost Of Equipment Revenue CostOfEquipmentRevenue	46205000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	63531000	USD
	atni	Engineering And Operation Expense EngineeringAndOperationExpense	46685000	USD
	atni	Termination And Access Fees TerminationAndAccessFees	108843000	USD
	us-gaap	Revenues Revenues	424480000	USD
CY2011Q3	us-gaap	Profit Loss ProfitLoss	13216000	USD
CY2011Q3	us-gaap	Operating Expenses OperatingExpenses	166700000	USD
CY2011Q3	us-gaap	Revenues Revenues	194346000	USD
CY2010Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-303000	USD
CY2010Q3	us-gaap	Profit Loss ProfitLoss	6062000	USD
CY2010Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5022000	USD
CY2010Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	11084000	USD
CY2010Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2742000	USD
CY2010Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	204000	USD
CY2010Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	166000	USD
CY2011Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15909784	shares
CY2011Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2011Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2011Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2010Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	90000	USD
CY2010Q3	us-gaap	Interest Expense InterestExpense	3202000	USD
CY2010Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	13826000	USD
CY2010Q3	us-gaap	Operating Expenses OperatingExpenses	191134000	USD
CY2010Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23974000	USD
CY2010Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	47000	USD
CY2010Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	27495000	USD
CY2010Q3	atni	Cost Of Equipment Revenue CostOfEquipmentRevenue	27907000	USD
CY2010Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	36333000	USD
CY2010Q3	atni	Engineering And Operation Expense EngineeringAndOperationExpense	22347000	USD
CY2010Q3	atni	Termination And Access Fees TerminationAndAccessFees	53031000	USD
CY2010Q3	us-gaap	Revenues Revenues	204960000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">1. ORGANIZATION AND BUSINESS OPERATIONS</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The Company provides wireless and wireline telecommunications services in North America, Bermuda and the Caribbean. Through its operating subsidiaries, the Company offers the following principal services:</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt 0.75in; TEXT-INDENT: -0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2">·</font><font style="FONT-SIZE: 3pt" size="1">                 </font> <b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic" size="2">Wireless.  </font></i></b><font style="FONT-SIZE: 10pt" size="2">In the United States, the Company offers wireless voice and data services to retail customers under the Alltel name in rural markets located principally in the Southeast and Midwest. Additionally, the Company offers wholesale wireless voice and data roaming services to national, regional and local wireless carriers 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 Bermuda under the CellOne name, in Guyana under the Cellink name, and in other smaller markets in the Caribbean and the United States.</font></p> <p style="MARGIN: 0in 0in 0pt 0.75in; TEXT-INDENT: -0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt 0.75in; TEXT-INDENT: -0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2">·</font><font style="FONT-SIZE: 3pt" size="1">                 </font> <b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic" size="2">Wireline.  </font></i></b><font style="FONT-SIZE: 10pt" size="2">The Companys local telephone and data services include its operations in Guyana and the mainland United States. The Company is the exclusive provider of domestic wireline local and long distance telephone services in Guyana and international voice and data communications into and out of Guyana. The Company also offers facilities-based integrated voice and data communications services to enterprise and residential customers in New England, primarily in Vermont, and wholesale transport services in New York State.</font></p> <p style="MARGIN: 0in 0in 0pt 0.75in; TEXT-INDENT: -0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">In the second quarter of 2010, the Company completed the acquisition of its U.S. retail wireless business, which provides wireless voice and data services in rural markets of the United States under the Alltel brand name (the Alltel Acquisition) and in the third quarter of 2011, completed the migration of the Alltel assets to the Companys own information technology systems, telecommunications networks and platforms. Since 2005, revenue from U.S. operations has significantly grown as a percentage of consolidated revenue and as a result of the Alltel Acquisition, a substantial majority of the Companys consolidated revenue is now generated in the United States, mainly through mobile wireless operations. For more information about the Alltel Acquisition, see Note 4 to the Consolidated Financial Statements included in this Report.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">In the second quarter of 2011, the Company continued its expansion by completing the merger of its Bermuda operations with M3 Wireless,</font><font style="FONT-SIZE: 3pt" size="1"> </font><font style="FONT-SIZE: 10pt" size="2">Ltd., a leading retail wireless provider in Bermuda.  For more information on the merger in Bermuda, see Note 4 to the Consolidated Financial Statements included in this Report.  The Company actively evaluates additional investment and acquisition opportunities in the United States and the Caribbean that meet our return-on-investment and other acquisition criteria.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The following chart summarizes the operating activities of the Companys principal subsidiaries, the segments in which the Company reports its revenue and the markets it served as of September</font><font style="FONT-SIZE: 3pt" size="1"> </font><font style="FONT-SIZE: 10pt" size="2">30, 2011:</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 19.72%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="19%"> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1">Services</font></b></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"> </font></b></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 26.46%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="26%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1">Segment</font></b></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"> </font></b></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 22%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="22%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1">Markets</font></b></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"> </font></b></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 25.7%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="25%"> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1">Tradenames</font></b></p></td></tr> <tr style="HEIGHT: 0px"> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 19.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="top" width="19%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Wireless</font></b></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 26.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="top" width="26%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">U.S. Wireless</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 22%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="top" width="22%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">United States (rural markets)</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 25.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="top" width="25%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Alltel, Choice</font></p></td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.72%; PADDING-TOP: 0in" valign="top" width="19%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 26.46%; PADDING-TOP: 0in" valign="top" width="26%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Island Wireless</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 22%; PADDING-TOP: 0in" valign="top" width="22%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Aruba, Bermuda, Turks and Caicos, U.S. Virgin Islands</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 25.7%; PADDING-TOP: 0in" valign="top" width="25%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Mio, CellOne,</font><font style="FONT-SIZE: 3pt" size="1"> </font><font style="FONT-SIZE: 10pt" size="2">Islandcom,<br /> Choice</font></p></td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.72%; PADDING-TOP: 0in" valign="top" width="19%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 26.46%; PADDING-TOP: 0in" valign="top" width="26%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">International Integrated Telephony</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 22%; PADDING-TOP: 0in" valign="top" width="22%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Guyana</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 25.7%; PADDING-TOP: 0in" valign="top" width="25%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Cellink</font></p></td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 19.72%; PADDING-TOP: 0in" valign="top" width="19%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 26.46%; PADDING-TOP: 0in" valign="top" width="26%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 22%; PADDING-TOP: 0in" valign="top" width="22%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 25.7%; PADDING-TOP: 0in" valign="top" width="25%"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.72%; PADDING-TOP: 0in" valign="top" width="19%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Wireline</font></b></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 26.46%; PADDING-TOP: 0in" valign="top" width="26%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">International Integrated Telephony</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 22%; PADDING-TOP: 0in" valign="top" width="22%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Guyana</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 25.7%; PADDING-TOP: 0in" valign="top" width="25%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">GT&T, Emagine</font></p></td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 19.72%; PADDING-TOP: 0in" valign="top" width="19%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 26.46%; PADDING-TOP: 0in" valign="top" width="26%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">U.S. Wireline</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 22%; PADDING-TOP: 0in" valign="top" width="22%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">United States (New England and New York State)</font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.04%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 25.7%; PADDING-TOP: 0in" valign="top" width="25%" bgcolor="#CCEEFF"> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Sovernet,</font><font style="FONT-SIZE: 3pt" size="1"> </font><font style="FONT-SIZE: 10pt" size="2">ION</font></p></td></tr></table> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The Company provides management, technical, financial, regulatory, and marketing services to its subsidiaries and typically receives a management fee equal to a percentage of their respective revenue. Management fees from consolidated subsidiaries are eliminated in consolidation. For information about the Companys business segments and geographical information about its revenue, operating income and long-lived assets, see Note 10 to the Consolidated Financial Statements included in this Report.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td></tr></table>
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1239000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9186000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1551000	USD
CY2011Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15407318	shares
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	46520000	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2011-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000879585
	dei	Entity Registrant Name EntityRegistrantName	ATLANTIC TELE NETWORK INC /DE
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	40000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	200000000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	8237000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-9971000	USD
	atni	Increase Decrease In Accounts Payable And Accrued Liabilities Advance Payments And Deposits And Other Current Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesAdvancePaymentsAndDepositsAndOtherCurrentLiabilities	69194000	USD
	atni	Increase Decrease In Inventory Prepayments And Other Current Assets IncreaseDecreaseInInventoryPrepaymentsAndOtherCurrentAssets	17550000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	12002000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	5302000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1536000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1014000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	10993000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	129000	USD
CY2010Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	61810000	USD
CY2009Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	90247000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1200000	USD

Files In Submission

Name	View Source	Status
0001104659-11-062549-index-headers.html	Edgar Link	pending
0001104659-11-062549-index.html	Edgar Link	pending
0001104659-11-062549.txt	Edgar Link	pending
0001104659-11-062549-xbrl.zip	Edgar Link	pending
a11-25761_110q.htm	Edgar Link	pending
a11-25761_1ex31d1.htm	Edgar Link	pending
a11-25761_1ex31d2.htm	Edgar Link	pending
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$ATNI
ATN International, Inc. Stock $atni

2011 Q4 Form 10-Q Financial Statement

#000110465911062549 Filed on November 09, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATNI ATN International, Inc. Stock $atni

2011 Q4 Form 10-Q Financial Statement

#000110465911062549 Filed on November 09, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATNI
ATN International, Inc. Stock $atni