Investment Summary

ATN International and Government of Guyana Invest In Guyana Telephone and Telegraph Co.

On June 18, 1990, ATN International and Government of Guyana invested in communications company Guyana Telephone and Telegraph Co. from Government of Guyana

Investment Highlights
  • This is ATN International’s 1st and Government of Guyana’s 1st transaction in the Communications sector.
  • This is ATN International’s 1st and Government of Guyana’s 1st transaction in Guyana.

Investment Summary

Date 1990-06-18
Target Guyana Telephone and Telegraph Co.
Sector Communications
Investor(s) ATN International
Government of Guyana
Sellers(s) Government of Guyana
Deal Type Stake Purchase

Target

Guyana Telephone and Telegraph Co.

Georgetown, Guyana
Guyana Telephone and Telegraph Co. Ltd. a incumbent telecommunications carrier in the Caribbean nation of Guyana.

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Investor(S) 2

Investor

ATN International

Beverly, Massachusetts, United States

Category Company
Founded 1987
Sector Communications
Employees2,300
Revenue 729M USD (2024)
DESCRIPTION

ATN International is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Through its operating subsidiaries, Atlantic provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, local exchange services and broadband internet services. ATN International was founded in 1987 and is based in Beverly, Massachusetts.


DEAL STATS #
Overall 1 of 11
Sector: Communications M&A 1 of 9
Type: Stake Purchase M&A Deals 1 of 3
Country: Guyana M&A 1 of 1
Year: 1990 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Choice Communications

Saint Thomas, Virgin Islands (U.S.)

Choice Communications LLC provides fixed wireless broadband data services and dial-up internet services to retail and business customers in the US Virgin Islands.

Buy -
Investor

Government of Guyana

Guyana

Category Company
Sector Business Services
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Guyana M&A 1 of 1
Year: 1990 M&A 1 of 1

Seller(S) 1

SELLER

Government of Guyana

Guyana

Category Company
Sector Business Services
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Guyana M&A 1 of 1
Year: 1990 M&A 1 of 1