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ATN INTERNATIONAL, INC.

(ATNI)
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Alaska Communications Expands Connectivity Offerings With Low Earth Orbit Satellites

11/15/2021 | 02:59pm EST

Services using a partner’s constellation are now live

Alaska Communications is turning up service for customers using a global communications network of low Earth orbit (LEO) satellites.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211115006195/en/

(Photo: Business Wire)

(Photo: Business Wire)

LEO satellites deliver fiber-like connectivity performance to areas that have been inaccessible via terrestrial options. Businesses, local governments, schools, healthcare providers and resource developers need high speed, low latency connections to keep up with growing demands, like video conferencing, telehealth, cloud computing and more.

Alaska Communications recently announced that it will supply Bristol Bay Telephone Cooperative, Inc. with LEO services to improve connectivity to its facilities and residents in the area, enabling dynamic opportunities that weren’t available before.

“We’re pleased to expand our offerings and help enable LEO services in Alaska,” said Bill Bishop, president and CEO of Alaska Communications. “We’re known for creating custom solutions to meet our customers’ needs. We see this as a milestone moment in our ability to serve our customers and connect the under connected.”

For more information, visit www.alaskacommunications.com/satelliteservices.

About Alaska Communications

Alaska Communications, an affiliate of ATN International, Inc. (NASDAQ: ATNI), is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S. For more information, visit www.AlaskaCommunications.com.


ę Business Wire 2021
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Analyst Recommendations on ATN INTERNATIONAL, INC.
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Financials (USD)
Sales 2021 600 M - -
Net income 2021 3,20 M - -
Net Debt 2021 290 M - -
P/E ratio 2021 292x
Yield 2021 1,74%
Capitalization 609 M 609 M -
EV / Sales 2021 1,50x
EV / Sales 2022 1,20x
Nbr of Employees 1 700
Free-Float -
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Mean consensus BUY
Number of Analysts 3
Last Close Price 39,04 $
Average target price 66,00 $
Spread / Average Target 69,1%
EPS Revisions
Managers and Directors
Michael T. Prior Chairman & President, Chief Executive Officer
Justin D. Benincasa Chief Financial Officer & Treasurer
Brad W. Martin Chief Operating Officer
Liane J. Pelletier Lead Independent Director
Bernie J. Bulkin Independent Non-Executive Director
Sector and Competitors