ATN Announces Appointment of Director
October 10 2019 - 12:26PM
ATN International, Inc. (Nasdaq: ATNI) announced today that the
board of directors of the Company appointed James S. Eisenstein as
a new independent director of the Company. Mr. Eisenstein
joins the Company’s board of directors with over thirty years of
experience in the telecommunications industry, including nine years
as Chief Executive Officer and Chairman of Grupo TorreSur, a Latin
American focused wireless tower company. Mr. Eisenstein was a
co-founder and member of the senior executive teams of American
Tower Corporation and Optasite, Inc. His past and present
board service includes Eaton Towers, CTI Towers, Inc. and Nexamp,
Inc., a Massachusetts based renewable energy company.
“We are delighted to welcome Jimmy to the ATN
board,” said Michael T. Prior, Chairman and Chief Executive Officer
of the Company. “His transactional expertise and deep experience
building large scale communications infrastructure businesses will
be invaluable as we look to drive growth and increased shareholder
value from our broad array of investments, particularly our current
focus on shared infrastructure offerings in multiple markets.”
About ATN
ATN International, Inc. (Nasdaq: ATNI),
headquartered in Beverly, Massachusetts, invests in and
operates communications, energy and technology businesses in the
United States and internationally, including the Caribbean region
and Asia-Pacific, with a particular focus on markets with a need
for significant infrastructure investments and improvements. Our
operating subsidiaries today primarily provide: (i) advanced
wireless and wireline connectivity to residential and business
customers, including a range of mobile wireless solutions, high
speed internet services, video services and local exchange
services, (ii) distributed solar electric power to corporate and
government customers and (iii) wholesale communications
infrastructure services such as terrestrial and submarine fiber
optic transport, communications tower facilities, managed mobile
networks, and in-building systems. For more information, please
visit www.atni.com.
Cautionary Language Concerning Forward
Looking Statements
This press release contains forward-looking
statements relating to, among other matters, our future financial
performance and management’s plans and strategy for the future.
These forward-looking statements are based on estimates,
projections, beliefs, and assumptions and are not guarantees of
future events or results. Actual future events and results
could differ materially from the events and results indicated in
these statements as a result of many factors, including, among
others, (1) the general performance of our operations, including
operating margins, revenues, capital expenditures, and the future
growth and retention of our major customers and subscriber base and
consumer demand for solar power; (2) our ability to maintain
favorable roaming arrangements, receive roaming traffic and satisfy
the needs and demands of our major wireless customers; (3) our
ability to efficiently and cost-effectively upgrade our networks
and IT platforms to address rapid and significant
technological changes in the telecommunications industry; (4)
government regulation of our businesses, which may impact our FCC
and other telecommunications licenses or our renewables businesses;
(5) our reliance on a limited number of key suppliers and vendors
for timely supply of equipment and services relating to our network
infrastructure; (6) economic, political and other risks facing our
operations; (7) the loss of or an inability to recruit skilled
personnel in our various jurisdictions, including key members of
management; (8) our ability to expand our renewable energy
business; (9) our ability to find investment or acquisition or
disposition opportunities that fit the strategic goals of the
Company; (10) the occurrence of weather events and natural
catastrophes; (11) increased competition; (12) the adequacy
and expansion capabilities of our network capacity and customer
service system to support our customer growth; (13) our continued
access to capital and credit markets; and (14) the risk of currency
fluctuation for those markets in which we operate. These and
other additional factors that may cause actual future events and
results to differ materially from the events and results indicated
in the forward-looking statements above are set forth more fully
under Item 1A “Risk Factors” of the Company’s Annual Report on Form
10-K for the year ended December 31, 2018, filed with the SEC on
February 28, 2019 and the other reports we file from time to time
with the SEC. The Company undertakes no obligation and has no
intention to update these forward-looking statements to reflect
actual results, changes in assumptions or changes in other factors
that may affect such forward-looking statements, except as required
by law.
Contact:
ATN International, Inc. Michael T. PriorChairman
and CEO
978-619-1300
ATN (NASDAQ:ATNI)
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