ATN International : Q1 2026 Earnings Presentation Final

ATNI

Published on 05/07/2026 at 09:14 am EDT

May 7, 2026

Key Metrics and Revenue Composition

Financial Results

2026 Full-Year Outlook

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May 2026

Key Performance Indicators (Q1 2026)

Hig h - S p eed B r oa d b a n d

I n ter n a ti on a l M ob i l i ty

~523k

High-Speed Broadband Homes Passed

+24% YoY

~62k

Post-Paid Subscribers

+5% YoY

~143k

High-Speed Customers

+3% YoY

~324k

Pre-Paid Subscribers

-1% YoY

Notes:

Data presented may differ from prior reported quarter to reflect more accurate data and/or changes in calculation methodology and process.

High-Speed Broadband is defined as download speeds ≥ 100 Mbps.

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ATN International | Q1 2026 Earnings Presentation

May 2026

Financial Highlights and Drivers

Q1 2026 Revenue by Product

Key Drivers:

Fixed Revenue was flat, which included

21%

4%

14%

an expected subsidy loss

Carrier Services revenues rose 9%

$182M

61%

Postpaid Mobility revenue growth offset prepaid losses

Other Revenue up 18% as ancillary services expanded

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May 2026

Consolidated Financials

Consolidated

Total Revenue Adjusted EBITDA1

Key Drivers:

+2%

$179 $182

$44

+10%

$49

Total revenue growth of 2% driven by:

Fixed Business

Carrier Services

Other / Ancillary Services

Growth increases to 3% when rebased

for subsidy loss and construction revenue

Adj. EBITDA1 up 10%; Continued focus on cost discipline and margin expansion

1Q 2025 1Q 2026 1Q 2025 1Q 2026

(Dollars in millions)

1. Adjusted EBITDA is defined as Operating income (loss) before depreciation and amortization expense, transaction-related charges, restructuring and reorganization expenses, the loss on dispositions, transfers, and contingent consideration, and non-cash stock-based compensation.

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May 2026

International Telecom Segment Financials

International Telecom

Total Revenue Adjusted EBITDA1

Key Drivers:

+2%

$94 $96

+6%

$32 $34

Total revenue growth driven by:

Carrier Services

Fixed Business

Post-paid Consumer Mobility

Other / Ancillary Services

Adjusted EBITDA1 growth driven by higher revenues and cost containment and efficiency initiatives

1Q 2025 1Q 2026 1Q 2025 1Q 2026

(Dollars in millions)

Adjusted EBITDA is defined as Operating income (loss) before depreciation and amortization expense, transaction-related charges, restructuring and reorganization expenses, the loss on dispositions, transfers, and contingent consideration, and non-cash stock-based compensation

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May 2026

US Telecom Segment Financials

US Telecom

Total Revenue Adjusted EBITDA1

+2%

+11%

Key Drivers:

Revenue growth increase of 3% when normalized for construction revenue

$85 $86

$18

$19

Total revenue growth driven by:

Carrier Services

Fixed Business

Adjusted EBITDA1 growth driven by higher revenues and cost discipline

1Q 2025 1Q 2026 1Q 2025 1Q 2026

(Dollars in millions)

Adjusted EBITDA is defined as Operating income (loss) before depreciation and amortization expense, transaction-related charges, restructuring and reorganization expenses, the loss on dispositions, transfers and contingent consideration, and non-cash stock-based compensation.

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May 2026

Balance Sheet Update

Approximately 75% of debt is at the subsidiary level and non-recourse to the parent

$21M

Q1 FY26

CapEx Spend

$105M-$115M

FY26 CapEx Outlook

$123M

Cash Position1

$570M

Debt Position2

$191M

Undrawn Revolver Capacity3

2.30x

Net Debt Ratio4

As of March 31, 2026

Cash position includes cash, cash equivalents, and restricted cash

Debt position excludes customer receivable credit facility

Undrawn revolver capacity includes the ATN, OneCommunications (Guyana), and Alaska Communications revolving credit facilities

Net Debt is defined as total debt less cash and cash equivalents and restricted cash, and Net Debt Ratio is defined as Net Debt divided by the trailing four quarters ended total Adjusted EBITDA at the measurement date

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May 2026

Adjusted EBITDA1 ▪ $190M to $200M, excluding the impact of the pending U.S.

tower portfolio sale2

Initial closing of the U.S. tower portfolio sale is expected to occur in the second quarter of 2026, which could reduce the 2026 Adjusted EBITDA outlook by approximately $6M to $8M

Capital Expenditures ▪ $105M to $115M (net of reimbursable expenditures)

1 For the Company's full year 2026 outlook dated March 4, 2026, for Adjusted EBITDA, the Company is not able to provide, without unreasonable effort, the most directly comparable GAAP financial measures, or reconciliations to such GAAP financial measures, on a forward-looking basis.

2 As previously disclosed, on February 11, 2026, certain subsidiaries of the Company entered into that certain Purchase and Sale Agreement with EIP Holdings, IV, LLC, an affiliate of Everest Infrastructure Partners, Inc., to sell approximately 214 tower portfolio sites in the southwest U.S. for up to $297 million in cash consideration (the "U.S. tower portfolio sale").

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May 2026

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Disclaimer

ATN International Inc. published this content on May 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2026 at 13:13 UTC.