ATN Provides Update on Legacy Lead-sheathed Cables
July 21 2023 - 8:20AM
In response to recent media reporting in the United States, ATN
International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI),
completed a preliminary assessment of its communications network
regarding the presence of legacy lead-sheath telecom cables in its
network.
ATN estimates that in the United States and its
territories, its network contains less than 10 miles of
lead-sheathed copper cables and outside of the United States just
over 20 miles of lead-sheathed copper cables, substantially all of
which are within conduit buried underground and to its knowledge,
are not located underwater. ATN continues to prioritize the safety
of its employees, customers, and communities where it operates.
About ATN
ATN International, Inc. (Nasdaq: ATNI),
headquartered in Beverly, Massachusetts, is a provider of
digital infrastructure and communications services in the
United States and internationally, including
the Caribbean region, with a focus on rural and remote
markets with a growing demand for infrastructure investments. The
Company’s operating subsidiaries today primarily provide: (i)
advanced wireless and wireline connectivity to residential,
business and government customers, including a range of high-speed
Internet and data services, fixed and mobile wireless solutions,
and video and voice services; and (ii) carrier and enterprise
communications services, such as terrestrial and submarine fiber
optic transport, and communications tower facilities. For more
information, please visit www.atni.com.
Statement Regarding Disclosure of
Estimate
This press release contains an estimate
regarding the amount of lead-covered cables in ATN International's
global communications network. This estimate represents
management's best estimate, based on the most current information
available to management, after having conducted a reasonable
internal inquiry into the matter. ATN does not undertake any
obligation to update the estimate to reflect additional information
that may become available to management following the date of this
press release.
Contact: |
ATN International, Inc.Justin D. BenincasaChief
Financial Officer978-619-1300Ian RhoadesInvestor
RelationsATNI@investorrelations.com |
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