ATN International navigated a challenging 2025 marked by stable revenues near $728 million but a net loss of $14.9 million, stemming from legal disputes and operational pressures in key regions like Guyana and Bermuda. The company’s operating income improved sharply due to better cost management. A pivotal catalyst is the recent agreement to sell the majority of its tower portfolio for up to $297 million, expected to close in mid-2026, which should free capital and streamline operations. However, ongoing regulatory disputes and geopolitical risks in its Caribbean markets remain substantial uncertainties that could temper growth and returns.