Atlantic Tele-Network Announces Acquisition of Innovative Group of Companies
Thursday, October 8, 2015 at 11:42AM
Jared Taylor in Atlantic Tele-Network:ATNI, CFC, Deal Advisor, Deals: ILEC, ICC, Innovative Communication Corporation, KeyTech

On Thursday, October 1st, Atlantic Tele-Network, Inc. (NASDAQ: ATNI) announced that it had acquired Caribbean Assets Holdings, LLC, the holding company for Innovative Communications Corporation (ICC) that provides cable TV, Internet and landline services primarily in the U.S. Virgin Islands.  ATN acquired the assets from the National Rural Utilities Cooperative Finance Corporation (CFC). 

Transaction Facts

Deal History

Financial and Strategic Considerations

JSICA’s Take

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