News
- Aug. 12, 2010: Alltel Wireless Delivers the BlackBerry Bold 9650 Smartphone
- July 15, 2010: Alltel Wireless Launches the Samsung Messager Touch
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of western North Carolina
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of west central Georgia
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of southwest Georgia
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of southern Illinois
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of southeast Georgia
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of central South Carolina
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of northwest South Carolina
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of northern Ohio
- June 22, 2010: Alltel Wireless to continue servicing wireless customers in portions of central Georgia
- April 26, 2010: Atlantic Tele-Network Completes Acquisition of Former Alltel Assets from Verizon Wireles
- April 8, 2010: Atlantic Tele-Network, Inc. Announces Department of Justice Approval for Acquisition of Former Alltel Assets
- Jan. 25, 2010: Atlantic Tele-Network Enters into $300 Million Credit Facility and Provides Update on its Pending Acquisition of Alltel Assets
- Dec. 15, 2009: Allied Wireless Communications Corp. to locate corporate headquarters in Little Rock
- Sept. 30, 2009: Atlantic Tele-Network, Inc. Appoints Frank O'Mara CEO of Alltel Divestitures Unit
- June 30, 2009: Atlantic Tele-Network, Inc. Announces Update Regarding Alltel Divestiture Acquisition
- June 9, 2009: Atlantic Tele-Network to Acquire Divestiture Properties from Verizon Wireless
Alltel Wireless Delivers the BlackBerry Bold 9650 Smartphone
Become bold with this all-in-one smartphone from Alltel
Thursday, August 12, 2010
Little Rock, Arkansas – LITTLE ROCK, Ark. – Alltel Wireless today announced the addition of the BlackBerry® Bold™ 9650 smartphone to its lineup. The BlackBerry Bold is a global smartphone that is sophisticated, powerful and feature-rich, allowing users to stay connected and entertained, wherever they go.
"Alltel recognizes that for many people, a smartphone has become a lifeline to their business and personal relationships," said Scott Moody, Alltel Vice President of Products. "If you’re looking for a smartphone with premium features including Wi-Fi®, the BlackBerry Bold is great for traveling across the world or just across town."
The Blackberry Bold smartphone provides users with access to the BlackBerry App World, which features a broad and growing catalog of third-party mobile applications developed specifically for BlackBerry smartphones. The 3.2 MP camera takes vibrant pictures with the help of flash, zoom, image stabilization, and autofocus. The BlackBerry Bold boasts an impressive battery life; the removable and rechargeable battery provides 5 hours of CDMA talk time.
The BlackBerry Bold features the industry’s leading mobile email and messaging. Messages and social networking updates are automatically pushed to the handset, so customers will always be in the loop. It also provides users with access to an instant messaging favorite, BlackBerry® Messenger, and let’s them say connected to their favorite social networking communities, with integrated access to Facebook®, MySpace and Flickr®.
Additional key features include:
- A bold, stylish design (4.40" x 2.44" x .55") that weighs only 4.8 oz
- Large 2.44" high-resolution display (480 x 360 resolution at 245 ppi)
- Support for high-speed EV-DO Rev. A networks in North America, as well as UMTS/HSPA (2100Mhz) and quad-band EDGE/GPRS/GSM networks abroad
- BlackBerry® Media Sync for easily syncing photos as well as iTunes® and Windows Media® Player music with the smartphone*
- Premium phone features including voice activated dialing, speakerphone, and Bluetooth (2.1)
- 512 MB Flash memory, plus microSD/SDHC memory card slot card (a 2 GB card is included, cards up to 32 GB are supported)
The powerful BlackBerry Bold is available now at Alltel retail stores and online at shopalltel.com for $149.99 after a $100 mail-in rebate with activation of a new service agreement. The BlackBerry Bold comes with micro USB cable, 2 GB external microSD card, belt clip holster, 1400 mAhr battery, and travel charger. To find out more information about the BlackBerry Bold 9650, visit www.blackberry.com/bold.
- Certain music files may not be supported, including files that contain digital rights management technologies.
Allied Wireless Communications Corporation (AWCC), known as Alltel Wireless, is a wireless telecommunications provider serving more than 900,000 customers in six states. Headquartered in Little Rock, AR., AWCC is a subsidiary of Atlantic Tele-Network, Inc. (NASDAQ: ATNI). For more information, visit www.alltel.com or www.awcc.com.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.
Alltel Wireless Launches the Samsung Messager Touch
Feature Rich messaging phone provides a new way to stay instantly connected
Thursday, July 15, 2010
Little Rock, Arkansas – Alltel Wireless today announced the immediate availability of the Samsung Messager Touch in-stores and online at alltel.com.
Just in time for the start of the school year, the Messager Touch features an interactive touch screen, slide-out full QWERTY keyboard and Samsung’s Touchwiz Lite user interface making it a great multimedia messaging handset. For people who like to be connected, the Messager Touch comes with a suite of options including one-touch messaging shortcuts for sending texts, photos and even video messages. The Messager Touch 2.0 megapixel camera gives customers the ability to catch every moment through photos or videos.
“Alltel takes pride in bringing the most advanced and versatile handsets to our customers so they can instantly share experiences with family and friends,” said Scott Moody, Product Vice President. “The release of the Samsung Messager Touch provides Alltel customers with a top of the line experience in multimedia, data and voice.”
The Messager Touch also features a music player with a 3.5mm headset jack providing customers the freedom to listen to music while multitasking. The MicroSD slot allows users to expand the memory and store more music and pictures. This phone has customizable widgets that provide users with the ability to browse the internet or download material.
Alltel’s newest slider phone, the Messager Touch, is available to Alltel customers in either blue or black. The Messager Touch is available now at Alltel retail stores and online at www.alltel.com for $79.99 after a mail-in rebate with activation of a two-year service agreement.
About Alltel Wireless
Allied Wireless Communications Corporation (AWCC), known as Alltel Wireless, is a wireless telecommunications provider serving more than 900,000 customers in six states. Headquartered in Little Rock, AR., AWCC is a subsidiary of Atlantic Tele-Network, Inc. (NASDAQ: ATNI). For more information, visit www.alltel.com or www.awcc.com.
Alltel Wireless to continue servicing wireless customers in portions of western North Carolina
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of western North Carolina will continue to experience Alltel’s award-winning benefits and services, as cellular markets in eight area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in western North Carolina that will continue to be serviced by Alltel include Alexander, Anson, Burke, Caldwell, Catawba, Montgomery, Richmond and Scotland. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our western North Carolina customers with the superior products, services and customer support they have come to expect from Alltel,” said Ken Erdmann vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of west central Georgia
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of west central Georgia will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 18 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in west central Georgia that will continue to be serviced by Alltel include Crawford, Crisp, Dooly, Harris, Lamar, Macon, Marion, Meriwether, Monroe, Pike, Schley, Spalding, Stewart, Sumter, Talbot, Taylor, Upson and Webster. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our west central Georgia customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of southwest Georgia
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of southwest Georgia will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 14 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in southwest Georgia that will continue to be serviced by Alltel include Baker, Calhoun, Clay, Decatur, Dougherty, Early, Grady, Lee, Miller, Quitman, Randolph, Seminole, Terrell and Thomas. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our southwest Georgia customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of southern Illinois
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of southern Illinois will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 25 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in southern Illinois that will continue to be serviced by Alltel include Alexander, Clay, Crawford, Edwards, Franklin, Gallatin, Hamilton, Hardin, Jackson, Jefferson, Johnson, Lawrence, Massac, Perry, Pope, Pulaski, Randolph, Richland, Saline, Union, Wabash, Washington, Wayne, White and Williamson. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our southern Illinois customers with the superior products, services and customer support they have come to expect from Alltel,” said Ken Erdmann vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of southeast Georgia
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of southeast Georgia will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 15 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in southeast Georgia that will continue to be serviced by Alltel include Bulloch, Burke, Camden, Candler, Emanuel, Glascock, Glynn, Jefferson, Jenkins, Liberty, Long, McIntosh, Screven, Warren and Wayne. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our southeast Georgia customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of south central South Carolina
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas –Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of south central South Carolina will continue to experience Alltel’s award-winning benefits and services, as cellular markets in five area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in south central South Carolina that will continue to be serviced by Alltel include Allendale, Bamberg, Barnwell, Calhoun and Orangeburg. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our south central South Carolina customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of northwest South Carolina
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas – Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of northwest South Carolina will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 13 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in northwest South Carolina that will continue to be serviced by Alltel include Abbeville, Anderson, Cherokee, Chester, Edgefield, Fairfield, Greenwood, Laurens, McCormick, Newberry, Oconee, Saluda and Union. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our northwest South Carolina customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of northern Ohio
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas – Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of northern Ohio will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 16 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel –a competitor of Verizon Wireless.
Counties in northern Ohio that will continue to be serviced by Alltel include Allen, Ashtabula, Auglaize, Coshocton, Crawford, Hancock, Hardin, Knox, Licking, Marion, Morrow, Putnam, Sandusky, Seneca, Van Wert and Wyandot. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our northern Ohio customers with the superior products, services and customer support they have come to expect from Alltel,” said Ken Erdmann vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Alltel Wireless to continue servicing wireless customers in portions of central Georgia
Longest-running wireless brand in America celebrates 25 years of service
Tuesday, June 22, 2010
Little Rock, Arkansas – Allied Wireless Communications Corporation (“AWCC”) today announced that Alltel Wireless subscribers in portions of central Georgia will continue to experience Alltel’s award-winning benefits and services, as cellular markets in 19 area counties were recently purchased by the company.
As part of the Verizon Wireless – Alltel merger in 2009, Verizon Wireless was required by the Federal Communications Commission to divest certain former Alltel assets. Atlantic Tele-Network, Inc. (“ATN” or NASDAQ: ATNI) purchased the Alltel properties, licenses and network assets from Verizon Wireless in early 2010 and will continue to operate them as Alltel – a competitor of Verizon Wireless.
Counties in central Georgia that will continue to be serviced by Alltel include Baldwin, Ben Hill, Bleckley, Coffee, Dodge, Hancock, Irwin, Jeff Davis, Johnson, Laurens, Montgomery, Pulaski, Telfair, Treutlen, Turner, Washington, Wheeler, Wilcox and Wilkinson. All Alltel owned and operated stores will remain open. Current Alltel customers will still have access to popular features such as “My Circle” and Anytime Plan Changes as well as all other industry-leading benefits that Alltel provides.
“We recognize the value in the Alltel Wireless brand and are committed to providing our central Georgia customers with the superior products, services and customer support they have come to expect from Alltel,” said Jack Luciani vice president general manager at Alltel Wireless. “We look forward to continuing to serve our customers in the area as well as working with the employees who support these markets.”
Customers will be able to keep their existing handsets and rate plans and can expect to see the phone lineup include additional smart and multi media devices. “My Account,” Alltel’s online account management service where customers can pay their bill, manage “My Circle” numbers and add new lines will also remain easily accessible at www.alltel.com.
As Alltel celebrates 25 years as the longest-running wireless brand in America, customers will continue to see the Alltel name and logo on store fronts along with broadcast, print and online advertisements featuring Alltel’s TV spokesperson Chad. Customers with questions regarding service can visit their nearest retail store or call Customer Service at 1-800-alltel-1 or 1-800-255-8351.
Alltel Wireless is operated by AWCC, a wholly owned subsidiary of ATN and will continue to operate as an independent wireless carrier in six states and service nearly 900,000 customers. For further information please visit www.alltel.com.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation / Alltel Wireless, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands. For further information, please visit www.atni.com.
Atlantic Tele-Network Completes Acquisition of Former Alltel Assets from Verizon Wireless
Company to Continue Wireless Service Under Alltel Brand Name in Acquired Markets
April 26, 2010
SALEM, Mass., April 26, 2010 -- Atlantic Tele-Network, Inc. (NASDAQ: ATNI) announced today that it has completed the purchase of certain former Alltel wireless assets from Verizon Wireless. The total purchase price was $223 million, which includes $23 million of acquired net working capital. The purchase was funded by a combination of cash on hand and borrowings under the Company’s current credit facility. The acquisition, which was completed through the Company’s wholly owned subsidiary, Allied Wireless Communications Corporation (AWCC), includes wireless properties and licenses that serve approximately 895,000 subscribers in Georgia, North Carolina, South Carolina, Illinois, Ohio, and Idaho. The Company currently expects that these properties will generate approximately $500 million in annual service revenues during the first twelve months of its operation of the assets.
In addition, ATN announced that it has acquired a license to continue use of the Alltel name and accompanying service marks, including My Circle, in the acquired markets for an initial term of fourteen years and a total term of up to twenty-eight years. ATN may expand its use of the brand outside of these acquired markets subject to covered population limitations and certain other conditions.
“We appreciate the hard work of all parties in closing this transaction,” said Michael Prior, ATN’s President and Chief Executive Officer. “We have a very experienced management team in place at AWCC, led by Frank O’Mara, a former senior executive at Alltel, and welcome our new employees who support these markets. Consumers recognize the Alltel brand for value, service and choice, and we plan to continue operating our business with the same approach in these markets.”
Verizon Wireless was required to divest these properties as part of the regulatory approvals granted for its purchase of Alltel in January 2009. Although the Company will initially launch service to a higher number of subscribers than previously reported, a high percentage of this increased number are pre-paid subscribers, and the Company currently expects to see net attrition to the subscriber base in the first year and a higher rate of churn overall during the transition phase. The acquisition of these properties by the Company was approved by the U.S. Department of Justice on April 7, 2010, and by the Federal Communications Commission on April 20, 2010.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation, which provides retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
Cautionary Language Concerning Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other matters, the future financial and operating performance of AWCC and the Company’s further operating plans. 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. Such factors include, among others, (i) the ability of ATN to operate a retail wireless business and (ii) the general performance of the acquired Alltel assets. 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 under Item 1A “Risk Factors” of the Company’s Form 10-K for the year ended December 31, 2009. The information set forth herein speaks only as of the date hereof, and ATN disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this news release.
Atlantic Tele-Network, Inc. Announces Department of Justice Approval for Acquisition of Former Alltel Assets
April 8, 2010
SALEM, Mass., April 8, 2010 (BUSINESS WIRE) -- Atlantic Tele-Network, Inc. announced today that the Department of Justice (DOJ) has approved its pending purchase of certain former Alltel wireless assets in six states from Verizon Wireless. By granting this approval, the DOJ has determined that ATN's capabilities and experience will enable it to provide effective competition against existing wireless carriers, and that there are no antitrust concerns associated with the acquisition. Approval by the Federal Communications Commission, which is required to complete the acquisition, is still pending.
On June 9, 2009, Atlantic Tele-Network announced a definitive agreement to purchase wireless properties, including wireless spectrum licenses and network assets, serving subscribers primarily in rural areas across Georgia, South Carolina, North Carolina, Illinois, Ohio, and Idaho.
"This is a significant milestone toward completing our acquisition of the Alltel assets, beginning operations and serving our new wireless subscribers," said ATN CEO Michael Prior. "We remain confident that the FCC will join the DOJ in approving ATN's purchase of these assets."
About Atlantic Tele-Network
Atlantic Tele-Network, Inc., headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Allied Wireless Communications Corporation, which will provide retail wireless voice and data services for U.S. customers; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
Cautionary Language Concerning Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relates to, among other matters, the successful completion of the Alltel transaction, including receipt of necessary regulatory approvals, and the expected timetable thereof; the estimated financial performance and contribution of the Alltel assets once operated by the Company, including annual revenues and expected EBITDA margins; and the Company's further operating plans. 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. Such factors include, among others, (i) the ability to receive the requisite regulatory consents and approvals to complete the Alltel transaction; (ii) the ability of ATN to operate a retail wireless business; and (iii) the general performance of the acquired Alltel assets. 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 under Item 1A "Risk Factors" of the Company's Form 10-K for the year ended December 31, 2009. The information set forth herein speaks only as of the date hereof, and ATN disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this news release.
Atlantic Tele-Network Enters into $300 Million Credit Facility and Provides Update on its Pending Acquisition of Alltel Assets
Jan. 25, 2010
SALEM, Mass., Jan 25, 2010 (BUSINESS WIRE) -- Atlantic Tele-Network, Inc. (NASDAQ: ATNI) today reported that it has amended and restated its existing senior secured credit facility, providing for the addition of a new $150 million term loan to be used to fund the Company's previously announced pending acquisition of former Alltel Corporation assets from Verizon Wireless. The amended and restated credit facility also includes a $73.9 million term loan, which is the amount of the term loan outstanding under the Company's previous credit facility and a $75 million revolving loan, which was also available under its previous credit facility. CoBank, ACB acted as administrative agent and lead arranger in the transaction.
The Company expects to borrow the entire amount of the new $150 million term loan in connection with the proposed acquisition of the former Alltel assets, which the Company currently expects to complete, subject to the receipt of certain regulatory consents, during the first quarter of 2010.
The term loans mature on September 30, 2014 and the revolving loan matures on September 10, 2014. Amounts borrowed under the credit facility bear interest at a rate equal to, at the Company's option, either (a) the London Interbank Offered Rate (LIBOR) plus an applicable margin ranging from 3.50% to 4.75% or (b) a base rate (equal to the higher of (x) 1.50% plus LIBOR or (y) the prime rate) plus an applicable margin ranging from 2.50% to 3.75%.
Alltel Acquisition Update
Based upon the most current available information, which indicates a stable subscriber base of over 800,000 post-paid and pre-paid subscribers, the Company expects annual service revenues, which excludes revenues from handset and equipment sales, from the acquired Alltel assets to be approximately $450 - $500 million for the first twelve months following the close of the transaction. Current internal projections call for EBITDA (earnings before interest, taxes, depreciation and amortization) margins from the Alltel assets to be below industry standards during that period, reflecting front-loaded transition and operating expenses. EBITDA margins are expected to progressively increase in the period and to reach more normalized levels, ranging from 20% to 30% by 2011. The Company's estimates are based on current information and assumptions and are therefore subject to change. The Company intends to provide an update to these estimates as part of its fourth quarter earnings announcement in early March.
"We are moving ahead to ensure that we provide our customers with a seamless transition once the Alltel acquisition is completed, which we expect will be within the first quarter of this year," said Michael Prior, CEO of Atlantic Tele-Network. "We have succeeded in attracting a formidable corporate leadership team for these operations comprised of many former Alltel executives and led by Frank O'Mara, former Executive Vice President of Alltel. Also, our decision to locate the subsidiary headquarters in Little Rock, Arkansas will give us ready access to an experienced and knowledgeable workforce," noted Mr. Prior.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
Cautionary Language Concerning Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relates to, among other matters, the successful completion of the Alltel transaction, including receipt of necessary regulatory approvals, and the expected timetable thereof; the estimated financial performance and contribution of the Alltel assets once operated by the Company, including annual revenues and expected EBITDA margins; and the Company's further operating plans. 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. Such factors include, among others, (i) the ability to receive the requisite regulatory consents and approvals to complete the Alltel transaction; (ii) the ability of ATN to operate a retail wireless business; and (iii) the general performance of the acquired Alltel assets. 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 under Item 1A "Risk Factors" of the Company's Form 10-K for the year ended December 31, 2008. The information set forth herein speaks only as of the date hereof, and ATN disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this news release.
Allied Wireless Communications Corp. to locate corporate headquarters in Little RockWireless company will invest more than $200 million; create more than 200 jobs
Dec. 15, 2009
LITTLE ROCK, Ark., Dec. 15, 2009 – Allied Wireless Communications Corporation (AWCC), a subsidiary of Atlantic Tele-Network, Inc. (NASDAQ: ATNI), today announced plans to locate its corporate headquarters in Little Rock. Atlantic Tele-Network, a telecommunications/wireless company, will invest more than $200 million through the purchase of existing wireless assets from Verizon Wireless and the refurbishment of new headquarters for AWCC on Technology Drive. AWCC currently plans to create at least 200-250 jobs in Little Rock, most of which will be highly paid, professional and technical positions.
AWCC was formed in connection with ATN’s agreement to purchase wireless properties, licenses and network assets from Verizon Wireless, as announced in June 2009. The sale of assets to ATN is expected to close in early 2010, and is subject to the receipt of required regulatory approvals. Verizon was required by the Federal Communications Commission to sell these wireless assets as part of their acquisition of Alltel Corporation. Following the closing, AWCC will provide wireless service to more than 800,000 former Alltel subscribers in six states. In addition to the 200-250 new jobs in Little Rock, AWCC will initially employ more than 500 people in those states.
Frank O’Mara, a former Executive Vice President of Alltel Corporation, was named Chief Executive Officer of AWCC in September 2009. Most recently, O’Mara served as a partner of Circumference Group, a technology investment and consulting firm which has been providing strategic advice and support to ATN in connection with this acquisition. Other former Alltel executives have been named to the corporate leadership team in the areas of IT, HR, and Administration.
“Delivering a seamless transition and exceptional customer service is our highest priority,” said Michael Prior, CEO of Atlantic Tele-Network. “By locating AWCC’s corporate headquarters in Little Rock, we’ll be able to deliver service to our customers with an experienced and highly knowledgeable workforce. As we work to fill more than 200 new positions throughout 2010, we will have access to a large pool of talented professionals, many with telecom experience.” Prior continued, “We appreciate the commitment and encouragement we have received from Governor Beebe and Arkansas’s leadership. Their support, along with the area’s professional talent, will allow us to grow and thrive in Arkansas and the communities they will be serving.”
ATN, headquartered in Salem, Massachusetts, operates advanced wireless, wireline and both terrestrial and submarine fiber optic networks in North America and the Caribbean. ATN serves markets ranging from the American southwest to tropical islands in the Caribbean to the Northwoods of New York and New England.
“These are exactly the kinds of technology-based, high-paying jobs we’ve been working to bring to Arkansas,” Governor Mike Beebe said. “We appreciate Allied Wireless Communications recognizing the strength and growth potential Little Rock and this region have in this industry. Arkansas has the workforce that ATN needs to be successful in our State.”
AWCC expects to be hiring new employees in Little Rock throughout 2010. Those interested in employment opportunities and AWCC company facts can visit www.awcc.com for additional information.
“I want to congratulate AWCC on the decision to locate their corporate headquarters in Little Rock as well as thank the Little Rock Regional Chamber of Commerce and the Arkansas Economic Development Commission for their work on this project,” said Little Rock Mayor Mark Stodola. “These projects don’t just happen and we are proud partners with these organizations in working to move our economy forward. It is because of this partnership that Little Rock’s unemployment rate is one of the lowest in the country and recently ranked as the 4th best metropolitan economy in the country.” Additional information can be found online at www.atni.com.
About Atlantic Tele-Network Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. In addition to AWCC, its principal subsidiaries include: Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone & Telegraph Company, Ltd., which is the national telephone service provider for all local, long-distance and international services in Guyana, as well as a wireless service provider; Bermuda Digital Communications, Ltd., which is a leading provider of wireless voice and data services in Bermuda operating as Cellular One, and also an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
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Atlantic Tele-Network, Inc. Appoints Frank O'Mara CEO of Alltel Divestitures Unit
Wireless Industry Veteran to Lead Operations of Former Alltel Assets
Sept. 30, 2009
SALEM, Mass., Sep 30, 2009 (BUSINESS WIRE) -- Atlantic Tele-Network, Inc. (NASDAQ:ATNI) announced today that Frank O'Mara, a former Executive Vice President of Alltel Communications, Inc. ("Alltel"), has joined the Company as Chief Executive Officer of its newly-formed subsidiary, Atlantic Wireless Communications Corporation. O'Mara's duties as CEO will include leading the transition and operation of certain former Alltel wireless properties, licenses and network assets that ATN contracted to acquire from Verizon Wireless on June 9, 2009. As CEO, O'Mara will lead the company in providing wireless service to approximately 800,000 subscribers in Georgia, South Carolina, North Carolina, Illinois, Ohio and Idaho.
O'Mara has been active in the wireless industry for over thirteen years, all of which were spent with Alltel. In that time, O'Mara's responsibilities included stints as the head of Customer Service and as Vice President of Product Management, culminating in his position as Alltel's Executive Vice President - Sales and Marketing, where his job responsibilities included developing and implementing sales strategy for retail, business, agent and reseller channels serving over 14 million Alltel customers nationwide. In his time at Alltel, O'Mara was instrumental in Alltel's growth and strong competitive presence, most notably behind the development of a new logo and the "Chad" advertising campaign, and helping to create and implement the Company's highly successful "My Circle" offering. A long-time resident of Little Rock, O'Mara is a graduate of the University of Arkansas at Fayetteville, earning degrees in engineering, business and law. Most recently, O'Mara served as a partner of The Circumference Group, an investment and consulting group formed by former Alltel COO Jeffrey Fox, which has been providing strategic advice and support to ATN in connection with this acquisition.
"Frank has a demonstrated ability to compete effectively with national carriers and promote a brand that has gained recognition from its customers for its superior value, service and quality," said Michael Prior, ATN's President and Chief Executive, in announcing O'Mara's appointment. "He was behind some of Alltel's most successful service offerings and campaigns. His in- depth experience with the employees and customers that will be integrated into our Company will be a huge asset in our collective transition and continued growth. He is a smart, intense competitor and we are very pleased that Frank will be leading the team."
Frank O'Mara noted, "This is an excellent opportunity to join a company with a track record of consistent, profitable growth, and to expand beyond the success we had in these markets as Alltel. The rural markets we are acquiring contain many talented and dedicated employees, and I look forward to working with them to offer new and improved services to our subscriber base. I am very excited about this challenge and anticipate building a team that will ensure that we thrive in those markets." ATN currently expects that the proposed acquisition of the Alltel properties will close prior to the end of this year. The transaction is subject to approvals from the Department of Justice and the Federal Communications Commission, as well as other customary closing conditions.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone & Telegraph Company, Ltd., which is the national telephone service provider for all local, long-distance and international services in Guyana, as well as a wireless service provider; Bermuda Digital Communications, Ltd., which is a leading provider of wireless voice and data services in Bermuda operating as Cellular One, and also an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
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Atlantic Tele-Network, Inc. Announces Update Regarding Alltel Divestiture Acquisition
June 30, 2009
Salem, MA (June 30, 2009) – President and Chief Executive Officer of Atlantic Tele-Network, Inc. (NASDAQ:ATNI), Michael T. Prior, issued the following statement today:
It has been approximately three weeks since we announced a definitive agreement to acquire certain wireless assets from Verizon Wireless in six states, specifically certain wireless networks and customers that were formerly part of Alltel. As this is a very important event for Atlantic Tele-Network (ATN) and its shareholders as well as for all of our operating companies and employees, we wanted to provide additional insight into the acquisition and reiterate the basic principles of our strategy.
First, we continue to expect the transaction to be completed in the third or fourth quarter of 2009, as previously announced, subject to the receipt of required consents and approvals of the Department of Justice and the Federal Communications Commission. Until that time, ATN and the Alltel Trust that manages the wireless assets to be acquired will continue to conduct their independent businesses as usual. We will communicate our integration plans after the transaction officially closes, but we wanted to reiterate here our commitment to the strategies and values that set us apart and how those principles will guide our operation of these assets and our relationship to our new employees and customers after the closing.
We Will Continue to Provide an Attractive Alternative to National Carriers
- These new customers that we will gain through this transaction have always had the option to choose at least one of the very large, national carriers for service. ATN is decidedly not a national carrier and will not be replicating their one size fits all approach. Rather, the plans and differentiated service offerings currently enjoyed by these customers will stay in place. We believe that consumers want a choice, and we will ensure the resources, support and network quality to offer compelling alternatives.
- ATN has a decidedly different perspective from that of a national carrier. We believe that to win in these rural markets we need the full capability of a motivated and well-supported local employee base. We do not expect to undertake a massive “assimilation” into larger nearby operations, that would result in dislocation and staff reduction. We value the local knowledge and believe it is essential to attract and retain customers. We believe that the people behind these operations greatly contribute to the value of the assets we will acquire, and will continue to operate the businesses that we will acquire.
- In addition to the licenses and network assets we will acquire, we will be adding over 450 Alltel employees who have experience working for a top-notch, customer-focused operator and we expect the number of employees focused on this business to increase substantially. We need and welcome these new employees and we want them to be motivated and excited about the future. We are committed to providing the support and expertise needed—not just to survive, but to succeed.
- Our strategy is to operate acquired businesses for many, many years. Part of that approach includes making additional investments to expand the scope and improve services in the businesses we acquire in order to meet the needs of our customers and maximize the business opportunity for employees and shareholders. This strategy has certainly been a big part of our success in operating businesses we have acquired throughout our history.
- We believe that in our industry you must keep a very close eye on network quality and capability. Our track record is one of investing in our networks, and the networks we acquire in this transaction will be no exception.
- We often say that investing in people is at the core of our success, and this transaction will be no exception. We have a track record of successfully finding the best leaders and operators and letting them do what they do best. This is part of our focus right now, and we are committed to attracting the leadership and expertise at the top to make this a successful venture. We are very enthusiastic about the senior management team that we will be putting in place to lead this new entity, and you can expect to hear more about that in the coming weeks.
- ATN has a history of prudent financial management and successful investments and operations. While many others in the telecommunications industry were expanding rapidly, often financed with high levels of debt, we stayed with our approach, which has served us well through over 20 years of up and down markets. The result is not just that we are in a position to undertake this acquisition, but that we expect to begin our ownership of these businesses with a very strong balance sheet—and the flexibility to draw on additional capital as needed to ensure success.
- To this point, we are not stretching our financing capabilities to do this transaction. We know firsthand that successful telecommunications businesses need substantial investments in technology and network to continue to offer customers high quality, competitive services.
- We have delivered solid financial results to our shareholders since going public. We have paid dividends for 41 consecutive quarters, and we have steadily grown our business and its value over the past two decades by adding and developing complementary businesses.
- The formula for wireless and most businesses is simple: attract and retain customers. So, our approach will be predicated on doing everything we can to provide a very positive experience for customers.
- Succeed at this and everyone benefits — shareholders, employees and community included.
- We are confident that this transaction will be very positive for existing customers and employees in these new markets, as well as for all our constituents. This is because of the quality of the assets we are buying and the way we plan to operate the assets for the benefit of existing customers.
As this transaction progresses and we move further along the regulatory review process, we will be able to share more details with you. In the meantime, you can be sure that our basic principles will remain the same.
We look forward to completion of this transaction and the exciting opportunities it will bring for us all.
/s/ Michael T. Prior, President and Chief Executive Officer
Cautionary Language Concerning Forward-Looking Statements
Statements in this release regarding the proposed transaction, including whether the transaction will be completed and, if so, the expected timetable for any such completion; the expected benefits of the transaction; and the retention of a management team to operate the assets, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: (i) the ability of ATN to secure financing for the balance of the purchase price, which is dependent on market conditions; there can be no assurances that such financing will be available to ATN at all or on terms that are favorable to ATN; (ii) the ability of ATN to operate a retail wireless business and integrate these operations into its existing operations; (iii) the ability to receive the requisite regulatory consents and approvals to consummate the transaction; and (iv) the general performance of the acquired operations. The information set forth herein speaks only as of the date hereof, and ATN disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this report.
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Atlantic Tele-Network to Acquire Divestiture Properties from Verizon Wireless
June 9, 2009
Salem, MA (June 9, 2009) - Atlantic Tele-Network, Inc. (NASDAQ:ATNI) today announced a definitive agreement to acquire certain wireless assets from Verizon Wireless for $200 million. Under terms of the agreement, ATN will acquire wireless properties, including wireless spectrum licenses and network assets, serving over 800,000 subscribers primarily in rural areas across Georgia, North Carolina, South Carolina, Illinois, Ohio, and Idaho. Verizon Wireless is required to divest these properties as part of the regulatory approvals granted for its purchase of Alltel earlier this year.
Under terms of the agreement, ATN will purchase the assets for $200 million in cash. ATN expects to fund substantially all of the purchase price with cash-on-hand and borrowings under its existing credit facility. As of April 30, 2009, ATN had approximately $90 million in cash and cash equivalents, $75 million of available borrowings under its undrawn revolving credit facility, and an additional $50 million of borrowing capacity, subject to lender consent, under its term credit facility.
The acquisition is subject to customary closing conditions and regulatory approvals, including the receipt of required consents and approvals from the Department of Justice (DOJ) and the Federal Communications Commission (FCC.) ATN’s obligation to close the transaction is not subject to any financing condition. ATN expects the transaction to close in the third or fourth quarter of 2009.
“This is a very attractive transaction for ATN and it accomplishes what we have been patiently seeking over the past few years,” said Michael Prior, ATN’s President and Chief Executive Officer. “It provides ATN with enhanced scale and revenue diversification and enables us to expand meaningfully our US wireless business. Coupled with our existing US wireless operations, we will now have significant wireless operations in rural areas of more than 10 states. Including our international operations, we expect to have more than 1,000,000 retail wireless subscribers by transaction close. We believe that our long history of operating success in comparable markets, combined with our financial resources, makes these businesses an ideal fit for us. We aim to further develop these markets for customers who want the attention and flexibility of a local operator. We look forward to transitioning the employees and subscribers of the acquired businesses to ATN and to continue building our wireless business.”
Conference Call Information
Atlantic Tele-Network will host a conference call this morning at 11 a.m. Eastern Time (ET) to discuss this transaction. The call will be hosted by Michael Prior, President and Chief Executive Officer, and Justin Benincasa, Chief Financial Officer. The dial-in numbers are US/Canada: (800) 908-8370 and International: (212) 231-2914. A replay of the call will be available from 1:00 p.m. (ET) June 9, 2009 until 1:00 p.m. (ET) on June 16, 2009. The replay dial-in numbers are US/Canada: (800) 633-8284 and International: (402) 977-9140, access code 21428657.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI) is a telecommunications company headquartered in Salem, Massachusetts. Its principal subsidiaries include: Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international services, as well as a wireless service provider in Guyana; Bermuda Digital Communications Ltd., which is the leading provider of wireless voice and data services in Bermuda operating as Cellular One, and an early-stage wireless provider in Turks & Caicos; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State; and Choice Communications, LLC, which provides wireless television and wireless broadband services in the U.S. Virgin Islands.
Advisors
Deutsche Bank Securities Inc. acted as the financial advisor and Edwards Angell Palmer & Dodge LLP acted as the legal advisor to ATN. Clearly Gottlieb Steen & Hamilton LLP and Wilkinson Barker Knauer LLP advised the Company on regulatory affairs.
Cautionary Language Concerning Forward-Looking Statements
Statements in this press release regarding the proposed transaction, including whether the transaction will be completed and, if so, the expected timetable for any such completion and the expected benefits of the transaction, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: (i) the ability of ATN to secure financing for the balance of the purchase price, which is dependent on market conditions; there can be no assurances that such financing will be available to ATN at all or on terms that are favorable to ATN; (ii) the ability of ATN to operate a retail wireless business and integrate these operations into the operations of its Commnet subsidiary; (iii) the ability to receive the requisite regulatory consents and approvals to consummate the transaction; and (iv) the general performance of the acquired operations. The information set forth herein speaks only as of the date hereof, and ATN disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.
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