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Stock impact report

Geoverse announces investment to accelerate buildout of ultrafast, secure private LTE systems for commercial real estate

ATN International, Inc. (ATNI) 
Last atn international, inc. earnings: 4/29 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atni.com/investor-relations
Company Research Source: GlobeNewswire
SEATTLE, June 19, 2018 (GLOBE NEWSWIRE) -- Geoverse, LLC, a Seattle-based neutral host company, announced today that ATN Ventures, the corporate venture capital fund of ATN International, Inc. (NASDAQ:ATNI) has acquired a majority of its shares, as property owners and enterprises get increasingly interested in using Private LTE to overcome coverage challenges. “With Geoverse we cover all aspects of installation, operation, and financing of in-building, high capacity, reliable Private LTE solutions,” said Geoverse Chief Executive Officer Roderick Nelson.  “With this investment, Geoverse will embark upon its mission to design, deploy, finance, and manage the most cost-effective, no-compromise solution to overcome indoor coverage challenges using traditional licensed and CBRS spectrum for Private LTE systems.” The demand for Private LTE technology is expected to grow over the coming years as building managers seek to provide to occupants a superior indoor cellular experience, Private Show less Read more
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