Stake Purchase • Communications

ATN International Invests In One Communications

On October 1, 2015, ATN International invested in communications company One Communications

Investment Context
  • This is ATN International’s 7th transaction in the Communications sector.
  • This is ATN International’s 1st transaction in Bermuda.

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Investment Summary

Date October 1, 2015
Target One Communications
Sector Communications
Investor(s) ATN International
Deal Type Stake Purchase

Target Company

One Communications

Hamilton, Bermuda
One Communications is a diverse telecommunications holding company, Its subsidiary companies specialize in voice, high-speed internet, corporate data solutions, and television for residential and corporate customers. In addition it owns a directory and digital search service business. One Communications is based in Hamilton, Bermuda.
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Investor Overview 1

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 Context for Investor #
Overall 8 of 11
Sector: Communications 7 of 9
Type: Stake Purchase 2 of 3
Country: Bermuda 1 of 3
Year: 2015 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 Caribbean Asset Holdings

Dulles, Virginia, United States

Caribbean Asset Holdings LLC is an holding company for the Innovative group of companies operating cable TV, Internet and landline services primarily in the U.S. Virgin Islands.

Buy $145M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 Bermuda Digital Communications

Hamilton, Bermuda

Bermuda Digital Communications Ltd. (dba Cellular One) is a Bermuda company that provides voice, broadband, and cable television services.

Buy -