Key Highlights

  • Mobile churn rose to 3.48% in Q2 2026 from 3.09% a year earlier.
  • Second-quarter revenue reached $184.5 million, up 2% year over year.
  • A tower-sale gain of $229.9 million lifted net income to $167.3 million.
  • Broadband homes passed rose 21% to 523,400, though customers grew only 1%.

Telecom investors often watch customer numbers and churn as closely as headline profit. At ATN International (NASDAQ:ATNI), an operator with international and US telecom businesses, the second-quarter 2026 report put a large one-off tower gain next to a subtler operating signal. Mobile churn, the share of subscribers who leave in a given period, rose to 3.48% from 3.09% a year earlier, while international mobile subscribers were essentially flat at about 386,600.

A Tower Sale Lifts Results

ATN reported second-quarter revenue of $184.5 million, up 2%, and adjusted EBITDA of $49.7 million, up 9%. Net income attributable to ATN stockholders was $167.3 million, or $10.71 per diluted share, but the company attributed most of that to a $229.9 million gain on the initial closing of its US tower sale, which brought in $267.7 million of cash on June 2. Cash stood at $331.9 million at June 30, total debt was $513.3 million and the net debt ratio was 0.91 times. Management reaffirmed 2026 adjusted EBITDA guidance of $183 million to $193 million.

Broadband Growth Outpaces Mobile

International Telecom generated $96.2 million of revenue and $35.5 million of adjusted EBITDA, while US Telecom produced $88.3 million and $19.1 million. High-speed broadband homes passed rose 21% to 523,400, though customers grew only 1% to 140,900. Because mobile revenue helps fund fiber and fixed wireless expansion, steady subscriber retention could influence how quickly new capacity converts into earnings. A market data provider listed a 52-week range of $13.86 to $33.41 and a market capitalization of about $448 million as of October 14, 2026.

Execution Still Matters

ATN International's recent results show a company with far less leverage and a clearer path for reinvestment, but not a risk-free one. Revenue and adjusted EBITDA are growing modestly, yet rising mobile churn and a narrow broadband customer gain suggest execution still matters as the board lifted its repurchase authorization to $30 million from $25 million on July 31.