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ATN Increases Dividend 15% as Part of Disciplined Capital Allocation Strategy
Globenewswire· 2025-06-20 14:30
BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025. “The Board’s decision to increase the dividend at this time reflects our confidence in the company’s financial strength and future cash flow generation,” said Brad Martin, ATN’s ...
Uniti Group Inc. Announces Pricing of Senior Notes Offering
GlobeNewswire· 2025-06-10 01:30
Group 1 - Uniti Group Inc. announced the pricing of $600 million aggregate principal amount of 8.625% Senior Unsecured Notes due 2032, with an issue price of 100.000% [1] - The net proceeds from the offering will be used to fund the partial redemption of $500 million aggregate principal amount of outstanding 10.50% senior notes due 2028, with the redemption expected to occur on June 24, 2025 [2] - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers [3] Group 2 - Uniti is an internally managed real estate investment trust engaged in the acquisition and construction of mission-critical communications infrastructure, owning approximately 147,000 fiber route miles and 8.8 million fiber strand miles as of March 31, 2025 [5]
Uniti Group Inc. to Participate at the Goldman Sachs 10th Annual Leveraged Finance and Credit Conference
Globenewswire· 2025-05-22 20:15
LITTLE ROCK, Ark., May 22, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Senior Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Goldman Sachs 10th Annual Leveraged Finance and Credit Conference on May 29, 2025 in Dana Point, CA. Any investor materials will be made available on Uniti’s Investor Relations website at investor.uniti.co ...
Uniti Group Inc. to Present at the TD Cowen 53rd Annual Technology, Media and Telecom Conference
Globenewswire· 2025-05-21 20:15
Core Points - Uniti Group Inc. will have its President and CEO, Kenny Gunderman, presenting at the TD Cowen 53rd Annual Technology, Media and Telecom Conference on May 28, 2025, at 9:40 AM EDT in New York, NY [1] - A live webcast of the event will be available on Uniti's Investor Relations website, with a replay option for a limited time after the presentation [2] - Uniti is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, owning approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States as of March 31, 2025 [3]
NORBIT – New registered share capital
Globenewswire· 2025-05-21 19:25
NORBIT ASA (the "Company") refers to the announcement on 15 May 2025 and the share capital increase in relation to the exercise of restricted stock units. The share capital increase was registered with the Norwegian Register of Business Enterprises on 21 May 2025, and the Company's new registered share capital is NOK 6,394,869.50, divided into 63,948,695 shares, each with a par value of NOK 0.10. For more information, please contact:Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 90 ...
NORBIT – Award and exercise of restricted stock units
Globenewswire· 2025-05-15 05:00
Core Points - The Board of Directors of NORBIT ASA has awarded a total of 135,676 restricted stock units (RSUs) to executive management based on the financial year 2024 [1] - A total of 56,615 shares will be issued at par value due to the exercise of vested RSUs, with the remaining RSUs vesting in 2026 and 2027 [1] - The new share capital of the Company will be NOK 6,394,869.50, divided into 63,948,695 shares, each with a par value of NOK 0.10 following the registration of the share capital increase [3] - The Company will purchase 57,460 shares at a price of NOK 170.20 per share to cover tax liabilities for certain executive management members [4] - The executive management's holdings post-transactions include significant shares and RSUs, with the Group CEO holding 7,139,157 shares and 38,616 RSUs [5] Company Overview - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation across three business segments: Oceans, Connectivity, and Product Innovation & Realization [6] - The Oceans segment provides technology solutions for global maritime markets, while the Connectivity segment offers wireless solutions for identification, monitoring, and tracking [6] - The Product Innovation & Realization segment delivers R&D services, proprietary products, and contract manufacturing to key customers [6]
Uniti Group Inc. to Participate at the Barclays 2025 Leveraged Finance Conference
Globenewswire· 2025-05-13 20:15
Core Viewpoint - Uniti Group Inc. is actively participating in the Barclays 2025 Leveraged Finance Conference, indicating its engagement with investors and the financial community [1]. Company Overview - Uniti is an internally managed real estate investment trust focused on acquiring and constructing mission-critical communications infrastructure [3]. - The company is a leading provider of fiber and wireless solutions for the communications industry [3]. - As of March 31, 2025, Uniti owns approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States [3]. Investor Relations - Key executives, including the Chief Financial Officer and the Senior Vice President of Investor Relations, will represent Uniti at the conference [1]. - Investor materials related to the conference will be available on Uniti's Investor Relations website [2].
Nokia delivers advanced tactical private wireless solutions to Marine Corps Tactical Systems Support Activity (MCTSSA)
Globenewswire· 2025-05-12 13:16
Core Insights - Nokia has delivered its Banshee tactical private wireless solutions to the Marine Corps Tactical Systems Support Activity (MCTSSA), enhancing secure communications for tactical operations [1] - The collaboration between Nokia and the Marine Corps has focused on developing next-generation communication capabilities to meet critical operational needs [1][2] Group 1: Product Development and Testing - In 2023, a proof-of-concept was conducted at Marine Corps Air Station Yuma, validating Banshee's capability to provide secure, high-capacity tactical communications [2] - Nokia and MCTSSA showcased Banshee's effectiveness in denied, disrupted, intermittent, and limited (DDIL) environments during Project Convergence [2] - Following successful evaluations, MCTSSA acquired multiple Banshee units in early 2025 for further integration into Marine Corps exercises [3] Group 2: Training and Deployment - Nokia provided hands-on training to MCTSSA and other Marine Corps units, covering private wireless network operations, setup, troubleshooting, and live demonstrations [3] - The training aims to ensure seamless deployment and operational success of the Banshee system [3] Group 3: Strategic Importance - Banshee is described as a game-changer for modern warfare, offering a scalable private wireless solution that enhances battlefield connectivity and operational efficiency [4] - High bandwidth and low latency are critical for sensor-to-shooter integration, ensuring timely data flow and maintaining battlefield advantage [5] Group 4: Product Features and Benefits - The Nokia Banshee family is designed for rapid deployment in demanding environments, providing a high-speed, long-range, and secure tactical communication solution [6] - As a cost-efficient commercial off-the-shelf (COTS) system, Banshee leverages industry R&D investments, offering a scalable alternative to traditional Marine Corps communications [6] - The lightweight and easy-to-use design of Banshee ensures resilient connectivity while significantly reducing costs, aligning with MCTSSA's modernization vision [6]
NORBIT - Shares of NORBIT ASA trading ex-dividend of NOK 3.00 today
Globenewswire· 2025-05-07 05:00
Company Overview - NORBIT ASA is a global provider of tailored technology focused on solving challenges and promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - NORBIT is headquartered in Trondheim, with manufacturing facilities in Europe and North America, employing around 600 people [2] Dividend Announcement - From 7 May 2025, NORBIT ASA shares will be traded ex-dividend at NOK 3.00 per share [1] - The record date for the dividend is set for 8 May 2025, with payment expected around 16 May 2025 [1]
COMM Stock Surges 378.2% in a Year: Is it Still Worth Buying?
ZACKS· 2025-05-06 19:10
Core Insights - CommScope Holdings Company, Inc. (COMM) has experienced a significant stock price increase of 378.2% over the past year, outperforming the Communication Infrastructure industry growth of 29.2% and the S&P 500's growth of 9% [1][12] - The company has also outperformed competitors such as Corning Incorporated (GLW) and Amphenol Corporation (APH), which saw stock increases of 34.4% and 27.6%, respectively [2] Company Strategy - CommScope is focused on portfolio optimization and product innovation, aiming to enhance transparency, reduce manufacturing costs, and improve working capital for better profitability [3] - The company has divested its Outdoor Wireless Networks segment and Distributed Antenna Systems business unit, as well as the Home Networks business, to improve liquidity and concentrate on core products [3] - Investment in capacity expansion and efforts to grow its Enterprise business in underpenetrated metropolitan areas are driving growth [4] Product Development - CommScope is expanding its portfolio in various verticals, including fiber optic connectivity, Wi-Fi 7, DOCSIS 4.0, and small cell wireless solutions [4] - The launch of the Propel XFrame, a floor-mounted fiber frame solution, aims to streamline management of high-density data centers [4] Market Position - The company has a comprehensive portfolio and a global salesforce, allowing it to serve a broad customer base across 100 countries, with no single customer accounting for more than 10% of total revenues [5] Competitive Landscape - CommScope faces intense competition in its markets, particularly from companies like Harmonic, ATX Networks, Cisco, Corning, Amphenol, Belden, and Clearfield, which is impacting margins [6] - Corning's innovative products for generative AI applications and Amphenol's high-speed interconnect solutions are gaining traction, posing a challenge for CommScope [6] Financial Outlook - Earnings estimates for 2025 have increased by 9.88% to $0.89, while estimates for 2026 have risen by 4.39% to $1.19, indicating positive sentiment regarding the stock's growth potential [10] - The trend of estimate revisions shows a general upward movement, reflecting growing investor confidence [10] Challenges - The success of 5G technology requires substantial investments in infrastructure, which may erode short-term profitability despite long-term benefits [8] - Sino-U.S. trade tensions are also identified as a significant headwind for the company [12]