Zacks Investment Research downgraded shares of ATLANTIC TELE-N (ATNI) from NEUTRAL to UNDERPERFORM on January 30, 2013, with a target price of $40.70.
Atlantic Tele-Network, Inc. is a telecommunications company with corporate offices in Salem, Massachusetts and St. Thomas, U.S. Virgin Islands. Its principal subsidiaries include: Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international service, as well as the largest cellular service provider, in the Cooperative Republic of Guyana Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England and Choice Communications, LLC, which provides wireless television and wireless broadband services, as well as dial-up internet services in the U.S. Virgin Islands.
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