ATN International Eyes Growth, Margin Gains After $268M Tower Sale
ATN International (ATNI) reported $513M in debt, a 0.91x leverage ratio, and $240M in undrawn capacity. The company sold towers for $268M and expects a $41M spectrum sale. It increased its dividend by 5.5% and share buyback authorization to $30M. ATN is expanding fiber networks in Guyana, the Cayman Islands, and the U.S., with growth opportunities in these regions.
