ATNI sells 214 towers to Everest for up to $297M; proceeds to reduce debt

ATN International, Inc.

Up to $297M cash from sale of Southwestern U.S. tower portfolio (214 sites) to affiliate of Everest Infrastructure Partners.
Initial closing expected Q2 2026 with $250-$270M gross proceeds; subsequent closings $27-$47M over 12 months.
Estimated annualized impact: revenue reduction $5-7M, operating income -$4-6M, EBITDA -$10-13M.
Approximately $70M of proceeds to repay CoBank revolving credit facility.
Estimated taxes, minority payments, and expenses equal 25-30% of gross proceeds.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ATN International, Inc. entered into Transaction Agreement with EIP Holdings IV, LLC, an affiliate of Everest Infrastructure Partners, Inc. valued at up to $297 million in cash consideration (effective 2026-02-11).

Action: entry
Agreement: asset purchase
Counterparty: EIP Holdings IV, LLC, an affiliate of Everest Infrastructure Partners, Inc.
Value: up to $297 million in cash consideration
Effective: 2026-02-11

Exact text from the filing

certain subsidiaries of ATN International, Inc. (the “ Company ”), including Commnet Wireless, LLC, Arizona Nevada Tower Company, LLC, Commnet Four Corners, LLC, Commnet of Arizona, LLC, Commnet of Nevada, LLC, Excomm, LLC, and Mora Valley Wireless, LLC (collectively, the “ Commnet Parties ” and, individually, each a “ Commnet Party ”), entered into that certain Purchase and Sale Agreement (the “ Transaction Agreement ”) with EIP Holdings IV, LLC, an affiliate of Everest Infrastructure Partners, Inc. (“ Everest ”) to sell approximately 214 tower portfolio sites

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ATN International, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-015368

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