Aug. 20, 2009 (Business Wire) -- Atlantic Tele-Network, Inc. (NASDAQ: ATNI), announced today that it was included for the second consecutive year on FORTUNE magazine’s 100 List of Fastest-Growing Companies. ATNI ranks 20th in the category of “Best Investments” and 87th overall.
“We are very pleased to be included in FORTUNE’s list of fastest-growing companies,” noted Chief Executive Officer, Michael T. Prior. “It is an important recognition of our history of strategic acquisitions and continued investment in the domestic and international markets that we currently serve, both of which have allowed our businesses to successfully expand. The dedication to success demonstrated by the ATNI team has enabled us to continue building a strong operational history and consistently deliver solid financial results to our shareholders.”
ATNI will be featured in the August 31, 2009 issue of FORTUNE magazine along with other profitable, publicly traded companies that have posted a compound annual growth in revenue and earnings per share of at least 20% annually over the past three years. Other criteria used in determining the ranking are ATNI’s strong revenue and EPS growth rate, as well as its three-year annualized total return to investors for the period ended June 30, 2009.
About Atlantic Tele-Network
Atlantic Tele-Network, Inc. (NASDAQ:ATNI), headquartered in Salem, Massachusetts, is a telecommunications company operating high quality digital wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Its principal subsidiaries include: Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Guyana Telephone & Telegraph Company, Ltd., which is the national telephone service provider for all local, long-distance and international services in Guyana, as well as a wireless service provider; Bermuda Digital Communications, Ltd., which is a leading provider of wireless voice and data services in Bermuda operating as Cellular One, and also an early-stage wireless provider in Turks & Caicos through its IslandCom subsidiary; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and high capacity communications network transport services in New York State through its ION subsidiary; and Choice Communications, LLC, which provides wireless broadband services in the U.S. Virgin Islands.
