Everest Infrastructure Partners to acquire US tower portfolio of ATN International for $297m.

Everest Infrastructure Partners, an infrastructure fund, agreed to acquire US tower portfolio of ATN International, a company that operates and manages telecommunications infrastructure and delivers broadband and voice services, for $297m. This transaction allows us to unlock the inherent value of our tower portfolio—an asset built through years of disciplined capital allocation and operational excellence. Our strategic objective remains unchanged: to build a stronger, more efficient, and resilient ATN that delivers sustainable, long-term value for our shareholders. We plan to use the proceeds to reduce debt, invest in our existing operations, and advance select growth opportunities. This transaction, combined with the operational improvements we have delivered over the past year, enhances our financial flexibility and strengthens our ability to invest in sustainable, long-term value creation,” Brad Martin, ATN CEO.