View Filing Data

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2012	Mar. 15, 2013	Jun. 29, 2012
Document and Entity Information
Entity Registrant Name	ATLANTIC TELE NETWORK INC /DE
Entity Central Index Key	0000879585
Document Type	10-K
Document Period End Date	Dec. 31, 2012
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 394
Entity Common Stock, Shares Outstanding		15,623,943
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 136,647	$ 48,735
Accounts receivable, net of allowances of $15.3 million and $14.6 million, respectively	73,091	71,159
Materials and supplies	27,080	20,802
Deferred income taxes	8,349	21,921
Income tax receivable		11,545
Prepayments and other current assets	10,984	9,738
Total current assets	256,151	183,900
Fixed Assets:
Property, plant and equipment	869,344	813,391
Less accumulated depreciation	(418,797)	(330,188)
Net fixed assets	450,547	483,203
Telecommunication licenses	90,458	87,468
Goodwill	45,077	45,077
Trade name license, net	12,534	13,013
Customer relationships, net	32,835	41,314
Other assets	23,273	19,756
Total assets	910,875	873,731
Current Liabilities:
Current portion of long-term debt	15,680	25,068
Accounts payable and accrued liabilities	50,259	57,262
Dividends payable		3,548
Accrued taxes	30,153	7,739
Advance payments and deposits	18,998	15,834
Other current liabilities	44,115	36,327
Total current liabilities	159,205	145,778
Deferred income taxes	84,006	88,906
Other liabilities	22,524	29,371
Long-term debt, excluding current portion	250,900	257,146
Total liabilities	516,635	521,201
Commitments and contingencies (Note 12)
Atlantic Tele-Network, Inc. Stockholders' Equity:
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.01 par value per share; 50,000,000 shares authorized; 15,955,886 and 16,090,544 shares issued, respectively, and 15,451,238 and 15,576,721 shares outstanding, respectively	160	160
Treasury stock, at cost; 504,648 and 513,823 shares, respectively	(5,286)	(4,942)
Additional paid-in capital	123,253	118,620
Retained earnings	224,316	190,327
Accumulated other comprehensive loss	(8,297)	(9,899)
Total Atlantic Tele-Network, Inc. stockholders' equity	334,146	294,266
Non-controlling interests	60,094	58,264
Total equity	394,240	352,530
Total liabilities and equity	$ 910,875	$ 873,731

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED BALANCE SHEETS
Accounts receivable, allowances (in dollars)	$ 14,553	$ 15,339
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	16,090,544	15,955,886
Common stock, shares outstanding	15,576,721	15,451,238
Treasury stock, shares	513,823	504,648

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
REVENUE:
Total revenue	$ 741,366	$ 759,196	$ 619,145
OPERATING EXPENSES (excluding depreciation and amortization unless otherwise indicated):
Termination and access fees	155,797	204,604	160,554
Engineering and operations	88,756	85,236	71,032
Sales and marketing	121,381	135,944	94,661
Equipment expense	92,517	74,105	75,335
General and administrative	85,354	99,097	88,783
Acquisition-related charges	868	772	13,760
Depreciation and amortization	105,487	104,159	76,736
Impairment of intangibles	3,350	2,425
Gain on disposition of long-lived assets	(11,605)	(2,397)
Total operating expenses	641,905	703,945	580,861
Income from operations	99,461	55,251	38,284
OTHER INCOME (EXPENSE)
Interest expense	(14,124)	(17,370)	(9,956)
Interest income	406	427	551
Gain on bargain purchase, net of deferred taxes of $18,016			27,024
Equity in earnings of unconsolidated affiliate	3,535	3,029	743
Other income, net	2,346	1,129	543
Other income (expense), net	(7,837)	(12,785)	18,905
INCOME BEFORE INCOME TAXES	91,624	42,466	57,189
Income taxes	38,457	20,569	19,607
NET INCOME	53,167	21,897	37,582
Net loss (income) attributable to non-controlling interests, net of tax of $1.9 million, $2.4 million, and $2.5 million, respectively	(4,235)	(103)	872
NET INCOME ATTRIBUTABLE TO ATLANTIC TELE-NETWORK, INC. STOCKHOLDERS	$ 48,932	$ 21,794	$ 38,454
NET INCOME PER WEIGHTED AVERAGE SHARE ATTRIBUTABLE TO ATLANTIC TELE-NETWORK, INC. STOCKHOLDERS:
Basic (in dollars per share)	$ 3.15	$ 1.42	$ 2.51
Diluted (in dollars per share)	$ 3.13	$ 1.41	$ 2.48
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	15,531	15,396	15,323
Diluted (in shares)	15,619	15,495	15,483
DIVIDENDS PER SHARE APPLICABLE TO COMMON STOCK (in dollars per share)	$ 0.96	$ 0.90	$ 0.84
U.S. Wireless, Retail
REVENUE:
Total revenue	$ 337,784	$ 370,218	$ 293,126
U.S. Wireless, Wholesale
REVENUE:
Total revenue	201,938	201,993	159,807
International wireless
REVENUE:
Total revenue	81,619	72,230	50,615
Wireline
REVENUE:
Total revenue	84,828	84,957	84,488
Equipment and Other
REVENUE:
Total revenue	$ 35,197	$ 29,798	$ 31,109

CONSOLIDATED INCOME STATEMENTS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
CONSOLIDATED INCOME STATEMENTS
Gain on bargain purchase, deferred taxes			$ 18,016
Net loss (income) attributable to non-controlling interests, tax	$ 2,500	$ 2,400	$ 1,900

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net income	$ 53,167	$ 21,897	$ 37,582
Other comprehensive income:
Foreign currency translation adjustment		13	(7)
Projected pension benefit obligation, net of tax (expense) benefit of $(0.2) million, $(0.2) million and $1.2 million	1,395	(274)	(225)
Unrealized (loss) gain on interest rate swap, net of tax (expense) benefit of $(1.0) million, $(1.7) million, and $0.1 million	207	(2,579)	(1,555)
Other comprehensive (loss) income, net of tax	1,602	(2,840)	(1,787)
Total comprehensive income	54,769	19,057	35,795
Less: Comprehensive loss (income) attributable to non-controlling interests	(4,235)	(103)	872
Comprehensive income attributable to Atlantic Tele-Network, Inc.	$ 50,534	$ 18,954	$ 36,667

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

Net of tax amount, before reclassification adjustments, of the change in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Also includes an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 121
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591552-111686

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a),(c)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591551-111686

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Projected pension benefit obligation, tax (expense) benefit	$ 1.2	$ (0.2)	$ (0.2)
Unrealized (loss) gain on interest rate swap, tax (expense) benefit	$ 0.1	$ (1.7)	$ (1.0)

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Total ATNI Stockholders' Equity	Common Stock	Treasury Stock, at cost	Additional Paid In Capital	Retained Earnings	Accumulated Other Comprehensive Income/(Loss)	Non-Controlling Interests	Comprehensive Income
Balance at Dec. 31, 2009	$ 282,433	$ 255,746	$ 158	$ (4,687)	$ 108,720	$ 156,827	$ (5,272)	$ 26,687
Increase (Decrease) in Stockholders' Equity
Reissuance of 790 shares of common stock from treasury under Directors' Remuneration Plan for the years ended December 31, 2010				7	(7)
Issuance of 62,575, 51,602 and 85,500 shares of common stock upon exercise of stock options for the years ended December 31, 2012, 2011 and 2010, respectively	1,652	1,652	1		1,651
Purchase of 9,175, 5,470 and 1,331 shares of common stock for the years ended December 31, 2012, 2011 and 2010, respectively	(44)	(44)		(44)
Stock-based compensation	2,043	2,043			2,043
Dividends declared on common stock	(14,761)	(12,891)				(12,891)		(1,870)
Tax benefit from stock options exercised	595	595			595
Non-controlling interest in equity acquired	17,947							17,947
Investments made by minority shareholders	3,376							3,376
Comprehensive income:
Net income (loss)	37,582	38,454				38,454		(872)	$ 37,582
Other comprehensive income, net of tax expense (benefit) of $1,315, ($1,327) and ($1,236) for the years ended December 31, 2012, 2011 and 2010, respectively	(1,787)	(1,787)					(1,787)		(1,787)
Total comprehensive income	35,795	36,667						(872)	35,795
Balance at Dec. 31, 2010	329,036	283,768	159	(4,724)	113,002	182,390	(7,059)	45,268
Increase (Decrease) in Stockholders' Equity
Issuance of 62,575, 51,602 and 85,500 shares of common stock upon exercise of stock options for the years ended December 31, 2012, 2011 and 2010, respectively	1,175	1,175	1		1,174
Purchase of 9,175, 5,470 and 1,331 shares of common stock for the years ended December 31, 2012, 2011 and 2010, respectively	(218)	(218)		(218)
Stock-based compensation	3,249	3,249			3,249
Dividends declared on common stock	(16,670)	(13,857)				(13,857)		(2,813)
Non-controlling interest in equity acquired, net of tax of $2,280 for the year ended December 31, 2011 respectively	13,118	1,195			1,195			11,923
Investments made by minority shareholders	3,783							3,783
Comprehensive income:
Net income (loss)	21,897	21,794				21,794		103	21,897
Other comprehensive income, net of tax expense (benefit) of $1,315, ($1,327) and ($1,236) for the years ended December 31, 2012, 2011 and 2010, respectively	(2,840)	(2,840)					(2,840)		(2,840)
Total comprehensive income	19,057	18,954						103	19,057
Balance at Dec. 31, 2011	352,530	294,266	160	(4,942)	118,620	190,327	(9,899)	58,264
Increase (Decrease) in Stockholders' Equity
Issuance of 62,575, 51,602 and 85,500 shares of common stock upon exercise of stock options for the years ended December 31, 2012, 2011 and 2010, respectively	1,452	1,452			1,452
Purchase of 9,175, 5,470 and 1,331 shares of common stock for the years ended December 31, 2012, 2011 and 2010, respectively	(344)	(344)		(344)
Stock-based compensation	3,543	3,543			3,543
Dividends declared on common stock	(18,332)	(14,943)				(14,943)		(3,389)
Tax benefit from stock options exercised	(362)	(362)			(362)
Non-controlling interest in equity acquired	(77)							(77)
Investments made by minority shareholders	1,061							1,061
Comprehensive income:
Net income (loss)	53,167	48,932				48,932		4,235	53,167
Other comprehensive income, net of tax expense (benefit) of $1,315, ($1,327) and ($1,236) for the years ended December 31, 2012, 2011 and 2010, respectively	1,602	1,602					1,602		1,602
Total comprehensive income	54,769	50,534						4,235	$ 54,769
Balance at Dec. 31, 2012	$ 394,240	$ 334,146	$ 160	$ (5,286)	$ 123,253	$ 224,316	$ (8,297)	$ 60,094

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
CONSOLIDATED STATEMENTS OF EQUITY
Reissuance of shares of common stock from treasury under Directors' Remuneration Plan			790
Issuance of shares of common stock upon exercise of stock options	62,575	51,602	85,500
Purchase of shares of common stock	9,175	5,470	1,331
Non-controlling interest in equity acquired, net of tax		$ 2,280
Other comprehensive income, net of tax expense (benefit)	$ 1,315	$ (1,327)	$ (1,236)

- Definition

Tax effect of other comprehensive income (loss) attributable to both parent entity and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e640-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e39076-109324

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 36
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash flows from operating activities:
Net income	$ 53,167	$ 21,897	$ 37,582
Adjustments to reconcile net income to net cash flows provided by operating activities:
Bargain purchase gain, net of tax			(27,024)
Depreciation and amortization	105,487	104,159	76,736
Provision for doubtful accounts	14,006	14,822	17,261
Amortization and write off of debt discount and debt issuance costs	2,388	1,962	1,428
Stock-based compensation	3,543	3,249	2,043
Deferred income taxes	7,356	27,580	(348)
Equity in earnings of unconsolidated affiliates	(3,535)	(3,029)	(743)
Gain on disposition of long-lived assets	(11,605)	(2,397)
Impairment of intangibles	3,350	2,425
Changes in operating assets and liabilities, excluding the effects of acquisitions:
Accounts receivable, net	(15,473)	(23,202)	(15,555)
Materials and supplies, prepayments, and other current assets	(6,562)	11,089	(26,281)
Prepaid income taxes	11,545	(1,922)
Accounts payable and accrued liabilities	(1,441)	(11,024)	52,261
Accrued taxes	21,953	(10,323)	(3,461)
Other	3,292	(2,683)	(11,098)
Net cash provided by operating activities	187,471	132,603	102,801
Cash flows from investing activities:
Capital expenditures	(77,421)	(101,401)	(135,688)
Acquisitions of businesses			(225,551)
Acquisitions of assets			(57)
Cash acquired in business combinations		4,087	53
Proceeds from disposition of long-lived assets	15,163	1,200
Decrease in restricted cash		467	4,782
Net cash used in investing activities	(62,258)	(95,647)	(356,461)
Cash flows from financing activities:
Dividends paid on common stock	(18,491)	(13,703)	(12,569)
Distribution to minority stockholders	(3,389)	(2,814)	(1,870)
Payment of debt issuance costs	(3,564)	(1,037)	(4,321)
Proceeds from stock option exercises	1,452	1,175	1,652
Principal repayments of term loan	(260,793)	(13,450)	(49,568)
Principal repayments of revolver loan	(74,534)	(132,911)
Purchase of common stock	(344)	(218)	(44)
Investments made by minority shareholders in consolidated affiliates	1,061	784	3,463
Proceeds from borrowings under term loan	275,000		200,000
Proceeds from borrowings under revolver loan	46,378	137,069	64,000
Repurchase of non-controlling interests	(77)	(446)
Net cash provided by (used in) financing activities	(37,301)	(25,551)	200,743
Net change in cash and cash equivalents	87,912	11,405	(52,917)
Cash and cash equivalents, beginning of year	48,735	37,330	90,247
Cash and cash equivalents, end of year	136,647	48,735	37,330
Supplemental cash flow information:
Interest paid	14,388	18,173	11,518
Taxes paid (refunded), net	$ (2,704)	$ 3,902	$ 24,974

ORGANIZATION AND BUSINESS OPERATIONS

12 Months Ended

Dec. 31, 2012

ORGANIZATION AND BUSINESS OPERATIONS

ORGANIZATION AND BUSINESS OPERATIONS

1. ORGANIZATION AND BUSINESS OPERATIONS

The Company provides wireless and wireline telecommunications services in North America, Bermuda and the Caribbean. Through its operating subsidiaries, the Company offers the following principal services:

•

Wireless. In the United States, the Company offers wireless voice and data services to retail customers under the "Alltel" name in rural markets located principally in the Southeast and Midwest. Additionally, the Company offers wholesale wireless voice and data roaming services to national, regional, local and selected international wireless carriers in rural markets located principally in the Southwest and Midwest. The Company also offers wireless voice and data services to retail customers in Guyana under the "Cellink" name, in Bermuda under the "CellOne" name and in other smaller markets in the Caribbean and the United States.

•

Wireline. The Company's local telephone and data services include its operations in Guyana and the mainland United States. The Company is the exclusive licensed provider of domestic wireline local and long distance telephone services in Guyana and international voice and data communications into and out of Guyana. The Company also offers facilities-based integrated voice and data communications services to enterprise and residential customers in New England, primarily in Vermont, and wholesale transport services in New York State.

In the second quarter of 2011, the Company completed the merger of its Bermuda operations with M3 Wireless, Ltd., a leading retail wireless provider in Bermuda. For more information on the merger in Bermuda, see Note 4. The Company actively evaluates additional investment and acquisition opportunities in the United States and the Caribbean that meet the Company's return-on-investment and other acquisition criteria.

The following chart summarizes the operating activities of the Company's principal subsidiaries, the segments in which the Company reports its revenue and the markets it served as of December 31, 2012:

Services	Segment	Markets	Tradenames

Wireless	U.S. Wireless	United States (rural markets)	Alltel, Choice
	Island Wireless	Aruba, Bermuda, Turks and Caicos, U.S. Virgin Islands	Mio, CellOne, Islandcom, Choice
	International Integrated Telephony	Guyana	Cellink
Wireline	International Integrated Telephony	Guyana	GT&T, eMagine
	U.S. Wireline	United States (New England and New York State)	Sovernet, ION

The Company provides management, technical, financial, regulatory, and marketing services to its subsidiaries and typically receives a management fee equal to a percentage of their respective revenue. Management fees from consolidated subsidiaries are eliminated in consolidation. For information about the Company's business segments and geographical information about its revenue, operating income and long-lived assets, see Note 14 to the Consolidated Financial Statements included in this Report.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and certain entities, which are consolidated in accordance with the provisions of the Financial Accounting Standards Board ("FASB") authoritative guidance on the consolidation of variable interest entities since it is determined that the Company is the primary beneficiary of these entities.

Certain reclassifications have been made to the 2010 and 2011 financial statements in order to conform to the 2012 presentation.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. The most significant estimates relate to the allowance for doubtful accounts, useful lives of the Company's fixed and finite-lived intangible assets, allocation of purchase price to assets acquired and liabilities assumed in purchase business combinations, fair value of indefinite-lived intangible assets, goodwill and income taxes. Actual results could differ significantly from those estimates.

Cash and Cash Equivalents

The Company considers all investments with an original maturity of three months or less at date of purchase to be cash equivalents. The Company places its cash and temporary investments with banks and other institutions that it believes have a high credit quality. At December 31, 2012, the Company had deposits with banks in excess of FDIC insured limits and $41.1 million of its cash is on deposit with non-insured institutions such as corporate money market issuers and cash held in foreign banks. The Company's cash and cash equivalents are not subject to any restrictions (see Note 7). As of December 31, 2011 and 2012, the Company held $10.5 million and $23.4 million, respectively, of its cash in Guyanese dollars. While there are risks associated with the conversion of Guyana dollars to U.S. dollars due to limited liquidity in the Guyana foreign currency markets, to date it has not prevented the Company from converting Guyana dollars into U.S. dollars within a given three month period or from converting at a price that reasonably approximates the reported exchange rate.

Allowance for Doubtful Accounts

The Company maintains an allowance for doubtful accounts for the estimated probable losses on uncollectible accounts receivable. The allowance is based upon a number of factors including the credit worthiness of customers, the Company's historical experience with customers, the age of the receivable and current market and economic conditions. Such factors are reviewed and updated by the Company on a quarterly basis. Uncollectible amounts are charged against the allowance account.

Materials and Supplies

Materials and supplies primarily include handsets, customer premise equipment, cables and poles and are recorded at the lower of cost or market cost being determined on the basis of specific identification and market determined using replacement cost.

Fixed Assets

The Company's fixed assets are recorded at cost and depreciated using the straight-line method generally between 3 and 39 years. Expenditures for major renewals and betterments that extend the useful lives of fixed assets are capitalized. Repairs and replacements of minor items of property are charged to maintenance expense as incurred. The cost of fixed assets in service and under construction includes an allocation of indirect costs applicable to construction. Grants received for the construction of assets are recognized as a reduction of the cost of fixed assets and as a reduction of depreciation expense over time the useful lives of the assets.

The fair value of a liability for an asset retirement obligation is recorded in the period in which it is incurred if a reasonable estimate of fair value can be made. In periods subsequent to initial measurement, period-to-period changes in the liability for an asset retirement obligation resulting from the passage of time and revisions to either the timing or the amount of the original estimate of undiscounted cash flows are recognized. The increase in the carrying value of the associated long-lived asset is depreciated over the corresponding estimated economic life. The consolidated balance sheets include accruals of $2.4 million and $2.5 million as of December 31, 2011 and 2012, respectively, for estimated costs associated with asset retirement obligations.

In accordance with the authoritative guidance for the accounting for the impairment or disposal of long-lived assets, the Company evaluates the carrying value of long-lived assets, including property and equipment, in relation to the operating performance and future undiscounted cash flows of the underlying business whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment loss exists when estimated undiscounted cash flows attributable to an asset are less than its carrying amount. If an asset is deemed to be impaired, the amount of the impairment loss recognized represents the excess of the asset's carrying value as compared to its estimated fair value, based on management's assumptions and projections.

Management's estimate of the future cash flows attributable to its long-lived assets and the fair value of its businesses involve significant uncertainty. Those estimates are based on management's assumptions of future results, growth trends and industry conditions. If those estimates are not met, the Company could have additional impairment charges in the future, and the amounts may be material.

The Company determined that there was no impairment of its fixed assets in any of the three years in the period ended December 31, 2012.

Goodwill and Indefinite-Lived Intangible Assets

Goodwill is the amount by which the cost of acquired net assets exceeded the fair value of those net assets on the date of acquisition. The Company allocates goodwill to reporting units at the time of acquisition and bases that allocation on which reporting units will benefit from the acquired assets and liabilities. Reporting units are defined as operating segments or one level below an operating segment, referred to as a component. The Company has determined that its reporting units are components of its multiple operating segments. The Company assesses goodwill for impairment on an annual basis in the fourth quarter or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded equal to that excess.

Telecommunications licenses are not amortized and are carried at their historical costs. The Company believes that telecommunications licenses have an indefinite life based on the historical ability to renew such licenses, that such renewals may be obtained indefinitely and at little cost, and that the related technology used is not expected to be replaced in the foreseeable future. The Company has elected to perform its annual testing of its telecommunications licenses in the fourth quarter of each fiscal year, or more often if events or circumstances indicate that there may be impairment. The Company performed its test of the fair values of the telecommunications licenses using a discounted cash flow model (the Greenfield Approach), which assumes a company initially owns only the telecommunications licenses, and then makes investments required to build an operation comparable to the one that currently utilizes the licenses. If the value of these assets were impaired by some factor, such as an adverse change in the subsidiary's operating market, the Company may be required to record an impairment charge. The impairment test consists of a comparison of the fair value of telecommunications licenses with their carrying amount on a license by license basis.

As of December 31, 2012, the Company performed its annual impairment assessment of its goodwill and indefinite-lived intangible assets (telecommunications licenses) and determined that a $3.4 million impairment charge was required, as the book value of a certain telecommunications license exceeded its fair value by that amount. The Company performed its annual impairment test as of December 31, 2011 and determined that $2.4 million of its goodwill was impaired. See Note 6 for further details.

Intangible Assets

Intangible assets resulting from the acquisitions of entities accounted for using the purchase method of accounting are estimated by management based on the fair value of assets acquired. These include acquired customer relationships and trade names.

The Alltel trade name licenses are amortized on a straight line basis over 28 years, which is considered the life of the license contract.

Customer relationships are amortized over their estimated lives of up to 13 years, which are based on the pattern in which economic benefit of the customer relationship is estimated to be realized.

Interest Rate Derivatives

As required by the authoritative guidance on accounting for derivative instruments and hedging activities, the Company records all derivatives on the balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting.

Risk Management Objective of Using Derivatives

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks related to interest rates primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company entered into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company's derivative financial instruments are used to manage differences in the amount, timing, and duration of its known or expected cash payments principally related to the Company's borrowings.

Long-Term Debt

Debt is measured at amortized cost. Debt discounts, representing the difference between the proceeds and the principal amount of debt, are amortized as interest expense in the consolidated income statements over the period of the debt on a straight-line basis, which approximates the effective interest method. Debt issuance costs are capitalized as part of other assets in the consolidated balance sheet and are amortized as interest expense in the consolidated income statements over the period of the debt on a straight-line basis, which approximates the effective interest method. Interest costs are expensed, except for costs incurred for the construction of any qualifying asset which are capitalized during the period the assets are prepared for their intended use.

Non-Controlling Interests

The non-controlling interests in the accompanying consolidated balance sheets reflect the original investments by the minority stockholders in GT&T, Alltel's consolidated subsidiaries, Commnet's consolidated subsidiaries, Islandcom and Sovernet and its consolidated subsidiaries, along with their proportional share of the earnings or losses, net of any distributions. As described in Note 3, the Company reduced its ownership interest in its Bermuda wireless operations to a 42% controlling interest upon the completion of the merger with M3 Wireless, Ltd. in May 2011. The non-controlling interests in the accompanying consolidated balance sheets relating to the Company's Bermuda operations include the original investments of the remaining 58% ownership interests along with their proportional share of the earnings or losses, net of any distributions.

Revenue Recognition

Service revenues are primarily derived from providing access to and usage of the Company's networks and facilities. Access revenues from postpaid customers are generally billed one month in advance and are recognized over the period that the corresponding service is rendered to customers. Revenues derived from usage of the Company's networks, including airtime, roaming, long distance and Universal Service Fund revenues, are recognized when the services are provided and are included in unbilled revenues until billed to the customer. Prepaid airtime sold to customers is recorded as deferred revenue prior to the commencement of services and is recognized when the airtime is used or expires. The Company offers enhanced services including caller identification, call waiting, call forwarding, three-way calling, voice mail, and text and picture messaging, as well as downloadable wireless data applications, including ringtones, music, games, and other informational content. Generally, these enhanced features generate additional service revenues through monthly subscription fees or increased usage through utilization of the features. Other optional services such as roadside assistance and other equipment protection plans may also be provided for a monthly fee and are either sold separately or bundled and included in packaged rate plans. Revenues from enhanced features and optional services are recognized when earned. Access and usage-based services are billed throughout the month based on the bill cycle assigned to a particular customer. As a result of billing cycle cut-off times, management must estimate service revenues earned but not yet billed at the end of each reporting period.

Sales of communications products including wireless handsets and accessories represent a separate earnings process and are recognized when the products are delivered to and accepted by customers. The Company accounts for transactions involving both the activation of service and the sale of equipment in accordance with the authoritative guidance for the accounting for revenue arrangements with multiple deliverables. Fees assessed to communications customers to activate service are not a separate unit of accounting and are allocated to the delivered item (equipment) and recognized as product sales to the extent that the aggregate proceeds received from the customer for the equipment and activation fee do not exceed the relative fair value of the equipment. Any activation fee not allocated to the equipment is deferred upon activation and recognized as service revenue on a straight-line basis over the expected life of the customer-relationship.

Wholesale revenues are those revenues generated from providing voice or data services to the customers of other wireless carriers principally through "roaming" agreements, and the revenue is recognized over the period that the service is rendered to customers.

Sales and use and state excise taxes collected from customers that are remitted to the governmental authorities are reported on a net basis and excluded from the revenues and sales.

Income Taxes

The Company's provision for income taxes is comprised of a current and deferred portion. The current income tax provision is calculated as the estimated taxes payable or refundable on tax returns for the current year. The deferred income tax provision is calculated for the estimated future tax effects attributable to temporary differences and carryforwards using expected tax rates in effect in the years during which the differences are expected to reverse.

The Company does not provide for United States income taxes on earnings of foreign subsidiaries as such earnings are considered to be indefinitely reinvested.

The Company previously had significant deferred tax assets, resulting from tax credit carryforwards and deductible temporary differences. As part of its acquisition of assets from Alltel and the associated levels of future debt and interest service, the Company re-examined its projected mix of foreign source and U.S.-source earnings and concluded it is more likely than not that it will not generate enough foreign source income to utilize its existing foreign tax credits prior to their expiration date. As a result, the Company has placed a full valuation allowance against those credits.

The Company's estimate of the value of its tax reserves contains assumptions based on past experiences and judgments about the interpretation of statutes, rules and regulations by taxing jurisdictions. It is possible that the ultimate resolution of these matters may be greater or less than the amount that the Company estimated. If payment of these amounts proves to be unnecessary, the reversal of the liabilities would result in tax benefits being recognized in the period in which it is determined that the liabilities are no longer necessary. If the estimate of tax liabilities proves to be less than the ultimate assessment, a further charge to expense would result.

The Company evaluated its uncertain tax positions relating to its various tax matters and rulings in Guyana and has reserved the estimated settlement amounts of such matters. As noted in Note 12, due to various arrangements and relationships in place with the government of Guyana, there is no expectation that interest and penalties will be assessed upon reaching final settlement of the matters. There is no expected settlement date and upon settlement, which might not occur in the near future, the payment may vary significantly from the amounts currently recorded. The Company will continue to update amounts recorded as new developments arise.

Credit Concentrations and Significant Customers

The Company has been historically dependent on a limited amount of customers for its wholesale roaming business. The following table indicates the percentage of revenues generated from a single customer that exceeds 10% of the Company's consolidated revenue in any of the past three years:

Customer

AT&T	10	%	8	%	9	%
Verizon	15	%	15	%	15	%

No other customer accounted for more than 10% of consolidated revenue in any of the past three years.

The following table indicates the percentage of accounts receivable, from customers that exceed 10% of the Company's consolidated accounts receivable, net of allowances, as of December 31, 2011 and 2012:

Customer

AT&T	16	%	18	%
Verizon	12	%	13	%

Foreign Currency Gains and Losses

With regard to Guyana operations, for which the U.S. dollar is the functional currency, foreign currency transaction gains and losses are included in determining net income. At each balance sheet date, balances denominated in foreign currencies are adjusted to reflect the current exchange rate. For all three years presented, the value of the Guyana dollar remained constant at approximately G$205 to one U.S. dollar and so no foreign currency gains or losses have been recorded.

Fair Value of Financial Instruments

In accordance with the provisions of fair value accounting, a fair value measurement assumes that a transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability and defines fair value based upon an exit price model.

The fair value measurement guidance establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The guidance describes three levels of inputs that may be used to measure fair value:


Level 1		Quoted prices in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset and liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 assets and liabilities include money market funds, debt and equity securities and derivative contracts that are traded in an active exchange market.
Level 2		Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data.
		This category generally includes corporate obligations and non-exchange traded derivative contracts.
Level 3		Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments and intangible assets that have been impaired whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

Assets and liabilities of the Company measured at fair value on a recurring basis as of December 31, 2011 and 2012 are summarized as follows, excluding goodwill related to the Island Wireless segment which was impaired by $2.4 million to an adjusted carrying value of $0 at December 31, 2011 and telecom licenses related to the Island Wireless segment which was impaired by $3.4 million to an adjusted carrying value of $0 at December 31, 2012:

	December 31, 2011

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	3,366	$	3,366
Money market funds		3,847		—		3,847

Total assets measured at fair value	$	3,847	$	3,366	$	7,213

Interest rate derivative (Note 8)	$	—	$	11,337	$	11,337

Total liabilities measured at fair value	$	—	$	11,337	$	11,337

	December 31, 2012

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	363	$	363
Money market funds		1,755	$	—		1,755

Total assets measured at fair value	$	1,755	$	363	$	2,118

Interest rate derivative (Note 8)	$	—	$	11,142	$	11,142

Total liabilities measured at fair value	$	—	$	11,142	$	11,142

Money Market Funds and Certificates of Deposit

As of December 31, 2011 and 2012, this asset class consisted of time deposits at financial institutions denominated in U.S. dollars and a money market portfolio that is comprised of Federal government and U.S. Treasury securities. The asset class is classified within Level 1 of the fair value hierarchy because its underlying investments are valued using quoted market prices in active markets for identical assets.

Derivatives

The Company is exposed to certain risks arising from both its business operations and economic conditions. When deemed appropriate, the Company manages economic risks related to interest rates primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company entered into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company's derivative financial instruments are used to manage differences in the amount, timing, and duration of its known or expected cash payments principally related to the Company's borrowings. The principal market in which the Company executes its foreign currency contracts is the institutional market in an over-the-counter environment with a relatively high level of price transparency. The market participants usually are large commercial banks. The forward foreign currency exchange contracts are valued using broker quotations, or market transactions and are classified within Level 2 of the fair value hierarchy.

Net Income Per Share

Basic net income per share is computed by dividing net income attributable to the Company's stockholders by the weighted-average number of common shares outstanding during the period and does not include any other potentially dilutive securities. Diluted net income per share gives effect to all potentially dilutive securities using the treasury stock method.

The reconciliation from basic to diluted weighted average common shares outstanding is as follows (in thousands):

	For the Year Ended December 31,

	2010		2011		2012
Basic weighted-average common shares outstanding		15,323		15,396		15,531
Stock options		160		99		88

Diluted weighted-average common shares outstanding		15,483		15,495		15,619

The following notes the number of potential common shares not included in the above calculation because the effects of such were anti-dilutive (in thousands of shares):

	For the Year Ended December 31,

	2010		2011		2012
Stock options		126		274		367

Total		126		274		367

Stock-Based Compensation

The Company applies the fair value recognition provisions of the authoritative guidance for the accounting for stock-based compensation and is expensing the fair value of grants of options to purchase common stock over their vesting period of four years. The Company granted 172,500 options in 2010; 146,500 options in 2011 and 64,000 options in 2012. Relating to grants of options, the Company recognized $1.1 million, $1.6 million and $1.8 million of non-cash, share- based compensation expense during 2010, 2011 and 2012, respectively. See Note 9 for assumptions used to calculate the fair value of the options granted.

The Company has also issued 64,477 restricted shares of common stock in 2010; 21,925 restricted shares of common stock in 2011 and 72,083 shares of restricted stock in 2012. These shares are being charged to income based upon their fair values over their vesting period of four years. Non-cash equity-based compensation expense, related to the vesting of restricted shares issued was $0.9 million, $1.4 million and $1.8 million in 2010, 2011 and 2012, respectively.

Stock-based compensation expense is recognized with general and administrative expenses within the Consolidated Statements of Operations.

Recent Accounting Pronouncements

In February 2013, the FASB issued new guidance which requires companies to present information about reclassification adjustments from accumulated other comprehensive income in their financial statements or footnotes. This new guidance is effective for fiscal periods beginning after December 15, 2012. The Company does not believe the adoption of the new guidance will have an impact on its consolidated financial position, results of operations or cash flows.

In July 2012, the FASB issued new guidance intended to simplify the impairment testing of indefinite-lived intangible assets other than goodwill. Under this guidance, an entity is allowed to perform a qualitative assessment about the likelihood of impairment of an indefinite-lived intangible asset to determine whether further impairment testing is necessary, similar in approach to the goodwill impairment test. This new guidance is effective for fiscal years beginning after September 15, 2012. The Company does not believe the adoption of the new guidance will have an impact on its consolidated financial position, results of operations or cash flows.

In May 2011, the FASB issued new guidance to achieve common fair value measurement and disclosure requirements between GAAP and International Financial Reporting Standards. This new guidance amends current fair value measurement and disclosure guidance to include increased disclosures regarding valuation inputs and investment categorization. The adoption of this new accounting guidance in 2012 did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.

ACQUISITIONS

12 Months Ended

Dec. 31, 2012

ACQUISITIONS

ACQUISITIONS

3. ACQUISITIONS

Alltel Wireless

On April 26, 2010, the Company completed its acquisition of wireless assets (the "Alltel Acquisition") from Cellco Partnership d/b/a Verizon Wireless ("Verizon"). Pursuant to the Purchase Agreement, Verizon contributed certain licenses, network assets, tower and other leases and other assets and certain related liabilities to its wholly-owned subsidiary limited liability company, whose membership interests were acquired by the Company's subsidiary, Allied Wireless Communications Corporation ("AWCC").

The Company funded the purchase price of $221.4 million, which included the purchase of $15.8 million of net working capital, as defined in the agreement, with $190.0 million of borrowings from its credit facility and $31.4 million of cash-on-hand.

The Alltel Acquisition was accounted for using the purchase method and AWCC's results of operations since April 26, 2010 have been included in the Company's U.S. Wireless segment as reported in Note 14. The total purchase consideration of $221.4 million cash was allocated to the assets acquired and liabilities assumed at their estimated fair values as of the date of acquisition as determined by management. The table below represents the assignment of the total acquisition cost to the tangible and intangible assets and liabilities of AWCC based on their acquisition date fair values:


Total cash consideration	$	221,359

Purchase price allocation:
Net working capital	$	15,817
Property, plant and equipment		176,393
Customer relationships		55,500
Telecommunications licenses		44,000
Trade name license		13,400
Other long term assets		11,500
Other long term liabilities		(34,211	)
Deferred tax liabilities		(18,016	)
Non-controlling interests		(16,000	)

Net assets acquired	$	248,383

Gain on bargain purchase, net of deferred taxes of $18,016	$	27,024

The gain related to the Alltel Acquisition was a result of a bargain purchase generated by the forced divesture of the assets that was required to be completed by Verizon within a required timeframe to a limited class of potential buyers that resulted in a favorable price to the Company for these assets. This gain, recognized on the bargain purchase, was included in Other Income in the Company's results during the second quarter of 2010. In connection with the Alltel Acquisition, the Company incurred $13.6 million of external acquisition-related costs during 2010 relating to legal, accounting and consulting services. The weighted average amortization period of the amortizable intangible assets (customer relationships and trade name license) is 12.7 years.

The Company completed the transition of its Alltel customers to its own information technology and customer service platforms in July 2011 and as a result, eliminated most of the duplicate costs associated with the migration in the third quarter of 2011.

See Note 16 regarding the Company's January 22, 2013 announcement of its pending sale of Allied Wireless Communications Corporation's assets to AT&T Mobility LLC.

Merger with M3 Wireless, Ltd.

On May 2, 2011, the Company completed the merger of its Bermuda wireless operations, Bermuda Digital Communications, Ltd. ("BDC"), with that of M3 Wireless, Ltd. ("M3"), a wireless provider in Bermuda (the "CellOne Merger"). As part of the CellOne Merger, M3 merged with and into BDC, and the combined entity will continue to operate under BDC's CellOne brand. As a result of the CellOne Merger, the Company's 58% ownership interest in BDC was reduced to a controlling 42% interest in the combined entity. Since the Company has the right to designate the majority of seats on the combined entity's board of directors and therefore controls its management and policies, the Company has consolidated the results of the combined entity in its consolidated financial statements effective on the date of the CellOne Merger.

The CellOne Merger was accounted for using the purchase method and M3's results of operations since May 2, 2011 have been included in the Company's Island Wireless segment as reported in Note 14. The total consideration of the CellOne Merger was allocated to the assets acquired and liabilities assumed at their estimated fair values as of the date of the CellOne Merger as determined by management. The consideration paid for M3 was determined based on the estimated fair value of the equity of M3. The table below represents the assignment of the total consideration to the tangible and intangible assets and liabilities of M3 based on their merger date fair values (in thousands) noting that Bermuda is a non-taxable jurisdiction:


Total consideration	$	6,655

Purchase price allocation:
Net working capital	$	675
Property, plant and equipment		10,577
Customer relationships		2,600
Telecommunications licenses		6,100
Goodwill		3,105
Note payable-affiliate (see Note 7)		(7,012	)
Other long term liabilities		(200	)
Non-controlling interests		(9,190	)

Net assets acquired	$	6,655

The amortization period of the customer relationships is 12.0 years. Revenues and net income for M3 since the completion of the merger were immaterial to the Company's consolidated financial statements. The value of the goodwill, which was generated in Bermuda, noting that Bermuda is a non-taxable jurisdiction, from the CellOne Merger can be attributed to a number of business factors including, but not limited to, the reputation of M3 as a retail provider of wireless services and a network operator, M3's reputation for customer care and the strategic position M3 holds in Bermuda.

The following table reflects unaudited pro forma results of operations of the Company for 2010, and 2011 assuming that the acquisitions of Alltel and M3 had occurred at the beginning of the earliest period presented (in thousands, except per share data):

	Year Ended December 31, 2010				Year Ended December 31, 2011

	As Reported		As Adjusted		As Reported		As Adjusted
Revenue	$	619,145	$	892,768	$	759,196	$	765,284
Net income attributable to ATN stockholders		38,454		56,502		21,794		22,329
Earnings per share:
Basic	$	2.51	$	3.69	$	1.42	$	1.45
Diluted	$	2.48	$	3.65	$	1.41	$	1.44

The unaudited pro forma data is presented for illustrative purposes only and is not necessarily indicative of the operating results that would have occurred if the acquisitions had been consummated on these dates or of future operating results of the combined company following this transaction.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2012

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

4. ACCOUNTS RECEIVABLE

As of December 31, 2011 and 2012, accounts receivable consist of the following (in thousands):

	2011			2012

Retail	$	47,259		$	40,546
Wholesale		37,293			44,425
Other		1,946			2,673

Accounts receivable		86,498			87,644
Less: allowance for doubtful accounts		(15,339	)		(14,553	)

Total accounts receivable, net	$	71,159		$	73,091

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5066-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5162-111524

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4

+ Details

FIXED ASSETS

12 Months Ended

Dec. 31, 2012

FIXED ASSETS

FIXED ASSETS

5. FIXED ASSETS

As of December 31, 2011 and 2012, property, plant and equipment consist of the following (in thousands):

		2011			2012

Telecommunications equipment and towers	5 - 15	$	666,969		$	697,340
Office and computer equipment	3 - 10		47,063			53,579
Buildings	15 - 39		18,017			29,619
Transportation vehicles	3 - 10		7,679			8,610
Leasehold improvements	Shorter of useful life or lease term		20,515			19,876
Land	—		6,653			6,836
Furniture and fixtures	5 - 10		8,120			11,090

Total plant in service			775,016			826,950
Construction in progress			38,375			42,394

Total property, plant, and equipment			813,391			869,344
Less: Accumulated depreciation			(330,188	)		(418,797	)

Net fixed assets		$	483,203		$	450,547

Depreciation and amortization of fixed assets using the straight-line method over the assets' estimated useful life for the years ended December 31, 2010, 2011 and 2012 was $68.5 million, $93.6 million and $96.5 million, respectively.

For the years ended December 31, 2010, 2011 and 2012, amounts of capital expenditures were offset by grants of $1.6 million, $11.8 million and $30.6 million, respectively.

During the year ended December 31, 2012, the Company sold certain network assets used in its wholesale U.S. Wireless business. The Company recorded a gain on this transaction, calculated as follows:

			(in thousands)

Sales proceeds			$	15,629
Less net book value of assets sold:
Property, plant and equipment, cost	12,279
Accumulated depreciation	(8,263	)

Property, plant and equipment, net book value				4,016
Other				8

Total net book value of assets sold				4,024

Gain on disposition of long-lived assets				11,605

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2012

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

6. GOODWILL AND INTANGIBLE ASSETS

Goodwill

The Company tests goodwill for impairment on an annual basis, which has been determined to be as of December 31 of each fiscal year. The Company also tests goodwill between annual tests if an event occurs or circumstances change that indicate that the fair value of a reporting unit may be below its carrying value.

Goodwill impairment is determined using a two-step process. The first step involves a comparison of the estimated fair value of a reporting unit to its carrying amount, including goodwill. In performing the first step, the Company determines the fair value of a reporting unit using a discounted cash flow ("DCF") analysis. Determining fair value requires the exercise of significant judgment, including judgments about appropriate discount rates, perpetual growth rates, and the amount and timing of expected future cash flows. Discount rates are based on a weighted-average cost of capital ("WACC"), which represents the average rate a business must pay its providers of debt and equity. The cash flows employed in the DCF analysis were derived from internal earnings and forecasts and external market forecasts. If the estimated fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired and the second step of the impairment test is not necessary. If the carrying amount of a reporting unit exceeds its estimated fair value, then the second step of the goodwill impairment test must be performed.

The second step of the goodwill impairment test compares the implied fair value of the reporting unit's goodwill with its carrying amount of goodwill to measure the amount of impairment loss, if any. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination, whereby the estimated fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price paid. If the carrying amount of the reporting unit's goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess.

The Company performed its annual impairment assessment of its goodwill as of December 31, 2011. As a result of continued losses for one of the Company's reporting units in the Island Wireless segment which contributed to a decline in expected future cash flows, it was determined that the book value of one of the Island Wireless reporting units exceeded its fair value. As a result, it was concluded that all of the goodwill recorded in a reporting unit within the Company's Island Wireless segment was impaired. In connection with this assessment, the Company recorded a non-cash goodwill impairment charge of $2.4 million during the year ended December 31, 2011.

The Company performed its annual impairment assessment of its goodwill as of December 31, 2012 and determined that no impairment charges were required, as the fair value of each reporting exceeded its book value.

The changes in the carrying amount of goodwill, by operating segment, for the three years ended December 31, 2012 were as follows (in thousands):

	U.S. Wireless		U.S. Wireline		Island Wireless			Consolidated

Balance at December 31, 2010	$	32,148	$	7,491	$	4,758		$	44,397
Acquired goodwill		—		—		3,105			3,105
Impairment charge		—		—		(2,425	)		(2,425	)

Balance at December 31, 2011		32,148		7,491		5,438			45,077

Acquired goodwill		—		—		—			—

Impairment charge		—		—		—			—

Balance at December 31, 2012	$	32,148	$	7,491	$	5,438		$	45,077

Telecommunications Licenses

Telecommunications licenses are tested for impairment on a subsidiary by subsidiary basis. The Company performed its test of the fair values of licenses using a discounted cash flow model (the Greenfield Approach). The Greenfield Approach assumes a company initially owns only the telecommunications licenses, and then makes investments required to build an operation comparable to the one that currently utilizes the licenses. The projected cash flows are based on certain financial factors, including revenue growth rates, margins, and churn rates.

This model then incorporates cash flow assumptions regarding investment in the network, development of distribution channels and the subscriber base, and other inputs for making the business operational. The Company based the assumptions, which underlie the development of the network, subscriber base and other critical inputs of the discounted cash flow model on a combination of average marketplace participant data and our historical results, trends and business plans. The Company also used operating metrics such as capital investment per subscriber, acquisition costs per subscriber, minutes of use per subscriber, etc., to develop the projected cash flows. Since we included the cash flows associated with these other inputs in the annual cash flow projections, the present value of the unlevered free cash flows of the segment, after investment in the network, subscribers, etc., is attributable to the telecommunications licenses. The terminal value of the subsidiary, which incorporates an assumed sustainable growth rate, is also discounted and is likewise attributed to the licenses. We used a discount rate based on the optimal long-term capital structure of a market participant and its associated cost of debt and equity, to calculate the present value of the projected cash flows.

Based upon the results of the Company's impairment tests, it was determined that no impairment of any of the Company's telecommunications licenses existed during the two years ended December 31, 2011.

The Company performed its annual impairment assessment of its telecommunications licenses as of December 31, 2012, and it was determined that no impairment of any of the Company's telecommunications licenses existed during the year ended December 31, 2012 except for one of the Company's reporting units in the Island Wireless segment. The impairment arose from a culmination of factors arising from poor economic conditions in the geographic region which resulted in a fair value determination that was below the book value of the reporting unit's telecommunications license. As a result, the Company recorded a non-cash impairment charge of $3.4 million during the year ended December 31, 2012.

The changes in the carrying amount of the Company's telecommunications licenses, by operating segment, for the three years ended December 31, 2012 were as follows (in thousands):

	U.S. Wireless		U.S. Wireline		Island Wireless			Consolidated

Balance at December 31, 2010	$	63,794	$	31	$	17,018		$	80,843
Acquired licenses		525		—		6,100			6,625

Balance at December 31, 2011		64,319		31		23,118			87,468
Acquired licenses		6,340		—		—			6,340
Impairment charge		—		—		(3,350	)		(3,350	)

Balance at December 31, 2012	$	70,659	$	31	$	19,768		$	90,458

The licenses acquired during 2011 and 2012 were acquired in all cash transactions from various parties and related to licenses expected to be available for use into perpetuity.

Customer Relationships

The customer relationships are being amortized, on an accelerated basis, over the expected period during which their economic benefits are to be realized. The Company recorded $8.0 million, $10.3 million, and $8.5 million of amortization related to customer relationships during 2010, 2011, and 2012 respectively.

Customer relationships as of December 31, 2011, by operating segment, are as follows:

	U.S. Wireless			U.S. Wireline			Island Wireless			Consolidated

Gross	$	55,500		$	5,040		$	3,028		$	63,568
Accumulated amortization		(16,886	)		(4,969	)		(399	)		(22,254	)

Net	$	38,614		$	71		$	2,629		$	41,314

Customer relationships as of December 31, 2012, by operating segment, are as follows:

	U.S. Wireless			U.S. Wireline			Island Wireless			Consolidated

Gross	$	55,500		$	5,040		$	3,028		$	63,568
Accumulated amortization		(24,871	)		(5,040	)		(822	)		(30,733	)

Net	$	30,629		$	—		$	2,206		$	32,835

Future amortization of customer relationships, by operating segment, is as follows (in thousands):

	U.S. Wireless		Island Wireless		Consolidated

2013	$	6,442	$	414	$	6,856
2014		5,468		376		5,844
2015		4,769		343		5,112
2016		4,088		309		4,397
2017		3,367		276		3,643
Thereafter		6,495		488		6,983

Total	$	30,629	$	2,206	$	32,835

Trade Name License

Trade name licenses as of December 31, 2011, by operating segment are as follows:

	U.S. Wireless			Island Wireless		Consolidated

Gross	$	13,400		$	417	$	13,817
Accumulated amortization		(804	)		—		(804	)

Net	$	12,596		$	417	$	13,013

Trade name licenses as of December 31, 2012, by operating segment are as follows:

	U.S. Wireless			Island Wireless		Consolidated

Gross	$	13,400		$	417	$	13,817
Accumulated amortization		(1,283	)		—		(1,283	)

Net	$	12,117		$	417	$	12,534

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

LONG-TERM DEBT

12 Months Ended

Dec. 31, 2012

LONG-TERM DEBT

LONG-TERM DEBT

7. LONG-TERM DEBT

Long-term debt comprises the following (in thousands):

	December 31, 2011			December 31, 2012

Notes payable—Bank:
Term loans	$	252,113		$	268,000
Revolver loan		28,156			—
Note payable—other		5,752			4,072

Total outstanding debt		286,021			272,072
Less: current portion		(25,068	)		(15,680	)

Total long-term debt		260,953			256,392
Less: debt discount		(3,807	)		(5,492	)

Net carrying amount	$	257,146		$	250,900

Loan Facilities—Bank

On May 18, 2012, the Company amended and restated its existing credit facility with CoBank, ACB (the "Amended Credit Facility") providing for $275.0 million in two term loans and a revolver loan of up to $100.0 million (which includes a $10.0 million swingline sub-facility) and additional term loans up to an aggregate of $100.0 million, subject to lender approval.

On October 29, 2012, the Company further amended its Amended Credit Facility to provide for an additional letter of credit sub-facility to its revolver loan, to be available for issuance in connection with the Company's Mobility Fund Grant obligations. Under the amendment, the Company has the ability to use up to $55 million of its revolving credit facility for the issuance of letters of credit, which, when issued, will accrue a fee at a rate of 1.75% per annum on the outstanding amounts. The Company currently has no Mobility Fund letters of credit outstanding.

The term loan A-1 is $125 million and matures on June 30, 2017 (the "Term Loan A-1"). The term loan A-2 is $150 million and matures on June 30, 2019 (the "Term Loan A-2" and collectively with the Term Loan A-1, the "Term Loans"). Each of the Term Loans require certain quarterly repayment obligations. The revolver loan matures on June 30, 2017. The Company may prepay the Amended Credit Facility at any time without premium or penalty, other than customary fees for the breakage of London Interbank Offered Rate (LIBOR) loans.

Amounts borrowed under the Term Loan A-1 and the revolver loan bear interest at a rate equal to, at the Company's option, either (i) LIBOR plus an applicable margin ranging between 2.00% to 3.50% or (ii) a base rate plus an applicable margin ranging from 1.00% to 2.50% (or, in the case of amounts borrowed under the swingline sub-facility, an applicable margin ranging from 0.50% to 2.00%). Amounts borrowed under the Term Loan A-2 bear interest at a rate equal to, at the Company's option, either (i) the LIBOR plus an applicable margin ranging between 2.50% to 4.00% or (ii) a base rate plus an applicable margin ranging from 1.50% to 3.00%. The base rate is equal to the higher of (i) 1.50% plus the higher of (x) the one-week LIBOR and (y) the one-month LIBOR; and (ii) the prime rate (as defined in the Amended Credit Facility). The applicable margin is determined based on the ratio of the Company's indebtedness (as defined in the Amended Credit Facility) to its EBITDA (as defined in the Amended Credit Facility).

Certain of the Company's domestic subsidiaries are guarantors of the Company's obligations under the Credit Agreement. Further, the Company's obligations are secured by (i) a first priority, perfected lien on substantially all the property and assets of the Company and the guarantor subsidiaries, including its principal wholly-owned domestic operating subsidiaries and (ii) a pledge of 100% of the Company's equity interests in certain domestic subsidiaries and up to 65% of the equity interests outstanding of certain foreign subsidiaries, in each case, including the Company's principal operating subsidiaries.

Borrowings as of December 31, 2012, after considering the effect of the interest rate swap agreements as described in Note 8, bore a weighted-average interest rate of 4.36%. Availability under the revolver loan, net of an outstanding letter of credit of $0.1 million, was $99.9 million as of December 31, 2012. Upon completing the Amended Credit Facility, the Company paid $3.6 million of debt issuance costs which is being amortized to interest expense over the life of the Amended Credit Facility. In addition, and upon completing the Amended Credit Facility, the Company expensed $0.7 million of deferred financing costs, which are included in other income (expense) within the statement of operations.

Under the terms of the Amended Credit Facility, the Company must also pay a fee ranging from 0.25% to 0.50% of the average daily unused portion of the revolver loan over each calendar quarter, in which the fee is payable in arrears on the last day of each calendar quarter.

The Amended Credit Facility contains customary representations, warranties and covenants, including covenants by the Company limiting additional indebtedness, liens, guaranties, mergers and consolidations, substantial asset sales, investments and loans, sale and leasebacks, transactions with affiliates and fundamental changes. In addition, the Amended Credit Facility contains financial covenants by the Company that (i) impose a maximum leverage ratio of indebtedness to EBITDA, (ii) require a minimum debt service ratio of EBITDA to principal, interest and taxes payments and (iii) require a minimum ratio of equity to consolidated assets. As of December 31, 2012, the Company was in compliance with all of the financial covenants of the Amended Credit Facility.

Prior to the execution of the Amended Credit Facility, the Company's existing credit facility with CoBank, ACB, entered into on September 30, 2010 (the "Previous Credit Facility") provided for $275.0 million in term loans and a revolver loan of up to $100.0 million (which includes a $10.0 million swingline sub-facility) and additional term loans up to an aggregate of $50.0 million, subject to lender approval. These term loans were scheduled to mature on September 30, 2014 and required certain quarterly repayment obligations. The revolver loan was scheduled to mature on September 10, 2014. As a result of an amendment entered into on September 16, 2011, amounts borrowed under the Previous Credit Facility bore interest at a rate equal to, at the Company's option, either (i) LIBOR plus an applicable margin ranging between 2.75% to 4.25% or (ii) a base rate plus an applicable margin ranging from 1.75% to 3.25% (or, in the case of amounts borrowed under the swingline sub-facility, an applicable margin ranging from 1.25% to 2.75%). The applicable margin was determined based on the ratio of the Company's indebtedness to its EBITDA (each as defined in the Previous Credit Facility agreement).

Note Payable—Other

In connection with the CellOne Merger with M3 Wireless, Ltd., the Company assumed a term loan of approximately $7.0 million owed to Keytech Ltd., the former parent company of M3 and current 42% minority shareholder in the Company's Bermuda operations. The term loan requires quarterly repayments of principal, matures on March 15, 2015 and bears interest at a rate of 7% per annum.

The Company believes that the carrying value of its debt approximates fair value which was based on quoted market prices and falls within Level 2 of the fair value measurement hierarchy.

The Company believes that the carrying value of its debt approximates fair value. Future principal repayments of the term loans are as follows:

	Principal Repayment

	(in thousands)
2013	$	15,680
2014		15,900
2015		14,492
2016		14,000
2017		70,250
Thereafter		141,750

Total principal repayments	$	272,072

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

12 Months Ended

Dec. 31, 2012

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

8. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Cash Flow Hedge of Interest Rate Risk

The Company's objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps, designated as cash flow hedges, involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

The effective portion of changes in the fair value of interest rate swaps designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The Company uses its derivatives to hedge the variable cash flows associated with existing variable-rate debt. The ineffective portion of the change in fair value of the derivative is recognized directly in earnings. No hedge ineffectiveness was recognized during any of the periods presented.

The total outstanding notional amount of cash flow hedges was $143.0 million as of December 31, 2012.

During August 2012, the Company entered into two additional forward-starting interest rate swaps which are designated and qualify as cash flow hedges. One cash flow hedge is effective September 30, 2014 and has a notional amount starting at $20.0 million and expands to $130.0 million over the term. The second cash flow hedge has a $100.0 million notional amount and is effective June 30, 2017.

Amounts reported in accumulated other comprehensive income related to the interest rate swaps are reclassified to interest expense as interest payments are accrued on the Company's variable-rate debt. For the year ended December 31, 2013, the Company estimates that an additional $4.1 million will be reclassified as an increase to interest expense due to the interest rate swaps since the hedge interest rate exceeds the current variable interest rate on the debt.

The table below presents the fair value of the Company's derivative financial instrument as well as its classification on the consolidated balance sheet as of December 31, 2011 and December 31, 2012 (in thousands):

	Liability Derivatives

		Fair Value as of
	Balance Sheet Location	December 31, 2011		December 31, 2012
Derivatives designated as hedging instruments:
Interest Rate Swaps	Other liabilities	$	11,337	$	11,142
Total derivatives designated as hedging instruments		$	11,337	$	11,142

The table below presents the effect of the Company's derivative financial instruments on the consolidated income statements for the years December 31, 2011 and 2012 (in thousands):

Year Ended December 31,	Derivative in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)		Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)

2011	Interest Rate Swap	$	7,816	Interest expense	$	(4,172	)
2012	Interest Rate Swap		3,959	Interest expense		(4,154	)

Credit-risk-related Contingent Features

The Company has agreements with its derivative counterparties that contain a provision where if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations.

As of December 31, 2012, the fair value of the interest rate swaps liability position related to these agreements was $11.1 million. As of December 31, 2012, the Company has not posted any collateral related to these agreements. If the Company had breached any of these provisions at December 31, 2012, it would have been required to settle its obligations under these agreements at their termination values of $11.1 million.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624177-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80748-113994

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41635-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708773-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624181-113959

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

EQUITY

12 Months Ended

Dec. 31, 2012

EQUITY

EQUITY

9. EQUITY

Common Stock

The Company has paid quarterly dividends on its common stock since January 1999.

Treasury Stock

During 2010, 2011 and 2012, The Company repurchased the following shares from employees to satisfy tax obligations upon vesting's of restricted stock options:

Year Ended December 31		Aggregate Cost		Average Repurchase Price

2010	1,331	$	43,923	$	33.00
2011	5,470		218,255		39.90
2012	9,175		344,166		37.51

In addition, in 2010 the Company reissued 790 shares from its treasury to a Director under the Company's Director's Remuneration Plan.

Stock-Based Compensation

In May 2008, at the Company's Annual Meeting of Stockholders, the Company's stockholders approved the 2008 Equity Incentive Plan (the "2008 Plan"). The 2008 Plan replaced the 1998 Stock Option Plan, the 2005 Restricted Stock Plan and the Director's Remuneration Plan (collectively and including the 2008 Plan the "Share Based Plans"), under which no further awards will be made. The 2008 Plan allows for the grant of stock options, restricted stock, restricted stock units, stock equivalents and awards of shares of common stock that are not subject to restrictions or forfeiture. The 2008 Plan was amended in 2011 to increase the total number of shares reserved to be granted under the 2008 Plan from 1,500,000 to 2,000,000.

Stock Options

Stock options issued under the Share Based Plans have terms of either seven years or ten years and vest annually and ratably over a period of four years.

The following table summarizes stock option activity under the Company's share-based plans for the years ended December 31, 2011 and 2012:

Year Ended December 31, 2011

	Number of Options			Weighted Avg. Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2011		625,750		$	32.17
Granted		146,500			33.29
Forfeited		—			—
Exercised		(51,602	)		22.77

Outstanding at December 31, 2011		720,648			33.07		6.79		5,617,669

Vested and expected to vest at December 31, 2011		674,469			32.74		6.66		5,248,211

Exercisable at December 31, 2011		409,149		$	29.44		5.41		4,259,541

Year Ended December 31, 2012

	Number of Options			Weighted Avg. Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2012		720,648		$	33.07
Granted		64,000			37.36
Forfeited		(1,625	)		32.02
Exercised		(62,575	)		23.22

Outstanding at December 31, 2012		720,448			34.31		6.33		3,499,252

Vested and expected to vest at December 31, 2012		713,728			34.28		6.31		3,488,633

Exercisable at December 31, 2012		453,698			32.02		5.27		2,987,705

The unvested options as of December 31, 2012 represent $2.8 million in unamortized stock-based compensation which will be recognized over a weighted average term of 2.2 years.

The following table summarizes information relating to options granted and exercised during 2010, 2011 and 2012 (in thousands, except fair value of options granted data):

	2010		2011		2012

Weighted-average of fair value of options granted	$	18.26	$	13.18	$	15.27
Aggregate intrinsic value of options exercised		2,141		822		938
Cash proceeds received upon exercise of options		1,653		1,175		1,452
Tax benefits realized upon exercise of options		594		—		362

The aggregate intrinsic value represents the total pre-tax intrinsic value (the difference between our closing common stock price on December 31st and the exercise price, multiplied by the number of the in-the-money stock options) that would have been received by the stock option holders had all stock options holders exercised their stock options on December 31st. The amount of aggregate intrinsic value will change based on the fair market value of our common stock.

The estimated fair value of the options granted were determined using a Black Scholes option pricing model, based on the following weighted average assumptions:

	Options Granted in

	2010	2011	2012
Risk-free interest rate	2.5%	2.1%	1.4%
Expected dividend yield	2.5%	2.7%	2.5%
Expected life	6.25 years	6.25 years	6.25 years
Expected volatility	50%	51%	53%

The Company recognized $1.1 million, $1.6 million and $1.6 million, respectively, of stock compensation expense relating to the granting of stock options during 2010, 2011 and 2012, respectively.

Restricted Stock

Restricted stock issued under the Share Based Plans vest ratably over four years.

The following table summarizes restricted stock activity during the year ended December 31, 2011:



Unvested as of January 1, 2011	76,287		42.10
Granted	22,925		34.64
Forfeited	—		—
Vested and issued	(30,439	)	38.21

Unvested as of December 31, 2011	68,773		41.39

The following table summarizes restricted stock activity during the year ended December 31, 2012:



Unvested as of January 1, 2012	68,773		41.39
Granted	72,083		36.93
Forfeited	(1,499	)	38.60
Vested and issued	(35,504	)	37.58

Unvested as of December 31, 2012	103,853		39.63

The weighted-average grant date fair value of shares granted for 2011 and 2012 were $34.64 per share and $36.93 per share, respectively. In connection with the grant of restricted shares, the Company recognized $0.9 million, $1.2 million and $1.9 million of compensation expense within its income statements for 2010, 2011 and 2012, respectively.

The unvested shares as of December 31, 2012 represent $3.0 million in unamortized stock based compensation which will be recognized over a weighted average period of 2.6 years.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

INCOME TAXES

12 Months Ended

Dec. 31, 2012

INCOME TAXES

INCOME TAXES

10. INCOME TAXES

The components of income before income taxes for the years ended December 31, 2010, 2011 and 2012 are as follows (in thousands):

	2010		2011		2012

Domestic	$	39,958	$	28,397	$	73,077
Foreign		17,231		14,069		18,547

Total	$	57,189	$	42,466	$	91,624

The following is a reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense for the years ended December 31, 2010, 2011, and 2012 (in thousands):

	2010			2011			2012

Tax computed at statutory U.S. federal income tax rates	$	20,050		$	14,863		$	32,068
Income taxes in excess (below) statutory U.S. tax rates:
Guyana		3,351			2,096			812
Bermuda and Turks & Caicos		1,535			2,854			503
Valuation allowance		5,250			—			832
Bargain purchase gain		(9,458	)		—			—
Foreign tax reserve		(125	)		556			2,359
State taxes		(21	)		149			2,352
Research and development credit		—			(62	)		(1,024	)
Other, net		(975	)		113			555

Income tax expense	$	19,607		$	20,569		$	38,457

The components of income tax expense (benefit) for the years ended December 31, 2010, 2011 and 2012 are as follows (in thousands):

	2010			2011			2012

Current:
United States—Federal	$	6,517		$	(19,716	)	$	18,917
United States—State		1,654			(16	)		1,085
Foreign		11,784			12,721			11,099

Total current income tax expense (benefit)		19,955			(7,011	)	$	31,101

Deferred:
United States—Federal		2,333			29,553			6,124
United States—State		(1,467	)		197			1,769
Foreign		(1,214	)		(2,170	)		(537	)

Total deferred income tax expense (benefit)		(348	)		27,580			7,356

Total income tax expense	$	19,607		$	20,569		$	38,457

Consolidated:
United States—Federal	$	8,850		$	9,837		$	25,041
United States—State		187			181			2,854
Foreign		10,570			10,551			10,562

Total income tax expense	$	19,607		$	20,569		$	38,457

The significant components of deferred tax assets and liabilities are as follows as of December 31, 2011 and 2012 (in thousands):

	2011			2012

Deferred tax assets:
Receivables reserve	$	4,852		$	4,589
Temporary differences not currently deductible for tax		9,910			12,540
Deferred compensation		1,376			1,851
Foreign tax credit carryforwards		16,755			15,395
Interest rate swap		4,535			4,457
Net operating losses		9,719			1,732
Tax credits		62			—
Pension benefits		640			—
Valuation allowance		(17,315	)		(16,788	)

Total deferred tax asset	$	30,534			23,776

Deferred tax liabilities:
Property, plant and equipment, net	$	55,762		$	58,521
Intangible assets, net		39,477			38,034
Market discount		2,280			2,280
Pension		—			598

Total deferred tax liabilities		97,519			99,433

Net deferred tax liabilities	$	66,985		$	75,657

Deferred tax assets and liabilities are reflected in the accompanying consolidated balance sheets as follows (in thousands):

	2011		2012

Deferred tax assets:
Current	$	21,921	$	8,349
Long term		—		—

Total deferred tax asset	$	21,921	$	8,349

Deferred tax liabilities:
Current	$	—	$	—
Long term		88,906		84,006

Total deferred tax liabilities	$	88,906	$	84,006

Net deferred tax liabilities	$	66,985	$	75,657

As of December 31, 2012, the Company estimated that it had state net operating loss carryforwards of $15.2 million that begin to expire in 2015.

As part of the Alltel Acquisition and the associated levels of future debt and interest service, the Company re-examined its projected mix of foreign source and U.S.-source earnings and concluded it is more likely than not that it will not generate enough foreign source income to utilize its existing foreign tax credits prior to their expiration date. As a result, the Company has placed a full valuation allowance against those credits during 2010. As of December 31, 2012, the Company continued to maintain a full valuation allowance against those credits.

The undistributed earnings of the Company's foreign subsidiaries are considered to be indefinitely reinvested and, accordingly, no U.S. federal and state income taxes have been provided thereon. Determination of the amount of unrecognized deferred U.S. income tax liability is not practical because of the complexities associated with its hypothetical calculation; however, unrecognized foreign tax credits would be available to reduce a portion of the U.S. tax liability.

The following shows the activity related to unrecognized tax benefits during the three years ended December 31, 2012 (in thousands):


Gross unrecognized tax benefits at December 31, 2009	$	5,507
Increase in uncertain tax positions		1,030
Lapse in statute of limitations		(125	)

Gross unrecognized tax benefits at December 31, 2010		6,412
Increase in uncertain tax positions		590
Lapse in statute of limitations		(50	)

Gross unrecognized tax benefits at December 31, 2011		6,952
Increase in uncertain tax positions		3,384
Lapse in statute of limitations		—

Gross unrecognized uncertain tax benefits at December 31, 2012	$	10,336

All $10.3 million of unrecognized tax benefits would affect the effective tax rate if recognized. The Company accrues interest and penalties related to unrecognized tax benefits in its provision for income taxes, if material.

The Company and its subsidiaries file income tax returns in the U.S. and in various state and local jurisdictions. The statute of limitations related to the consolidated U.S. federal income tax return is closed for all tax years up to and including 2007. The expiration of the statute of limitations related to the various state income tax returns that the Company and subsidiaries file varies by state. The Company's consolidated federal tax return is currently being audited for the years 2008 through 2011 and the State of Massachusetts for the years 2009 and 2010. The Company does not expect that the amount of unrecognized tax benefits relating to U.S. tax matters will change significantly within the next 12 months.

The Company also files an income tax return in Guyana. See Note 12 relating to certain tax matters pertaining to those filings. There is no expected settlement date of those matters and upon settlement, which might not occur in the near future, the payment may vary significantly from the amounts currently recorded. The Company will continue to update amounts recorded as new developments arise.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

RETIREMENT PLANS

12 Months Ended

Dec. 31, 2012

RETIREMENT PLANS

RETIREMENT PLANS

11. RETIREMENT PLANS

The Company has a noncontributory defined benefit pension plan for eligible employees of GT&T who meet certain age and employment criteria. Company contributions to fund the plan are intended to provide not only for benefits attributed for service to date but also for those expected to be earned in the future. The Company's funding policy is to contribute to the plan such amounts as are actuarially determined to meet funding requirements. The benefits are based on the participants' average salary or hourly wages during the last three years of employment and credited service years.

The weighted-average rates assumed in the actuarial calculations for the pension plan are as follows as of December 31, 2010, 2011 and 2012:



Discount rate	7.00	%	6.25	%	6.00	%
Annual salary increase	7.50	%	7.50	%	7.50	%
Expected long-term return on plan assets	8.00	%	8.00	%	8.00	%

The expected long-term rate of return on pension plan assets was determined based on several factors including input from pension investment consultants, projected long-term returns of equity and bond indices in Guyana and elsewhere, including the United States, and historical returns over the life of the related obligations of the fund. The Company, in conjunction with its pension investment consultants, reviews its asset allocation periodically and rebalances its investments when appropriate in an effort to earn the expected long-term returns. The Company will continue to evaluate its long-term rate of return assumptions at least annually and will adjust them as necessary.

Changes during the year in the projected benefit obligations and in the fair value of plan assets are as follows for 2011 and 2012 (in thousands):

	2011			2012

Projected benefit obligations:
Balance at beginning of year:	$	12,580		$	13,355
Service cost		617			612
Interest cost		865			810
Benefits paid		(659	)		(674	)
Actuarial loss		(48	)		(2,443	)

Balance at end of year	$	13,355		$	11,660

Plan net assets:
Balance at beginning of year:	$	11,736		$	11,994
Actual return on plan assets		83			759
Company contributions		834			853
Benefits paid		(659	)		(674	)

Balance at end of year	$	11,994		$	12,932

(Under) over funded status of plan	$	(1,361	)	$	1,272

The Company's investment policy for its pension assets is to have a reasonably balanced investment approach, with a long-term bias toward debt investments. The Company's strategy allocates plan assets among equity, debt and other assets in both Guyana and the United States to achieve long-term returns without significant risk to principal. The fund is prohibited under Guyana law from investing in the equity, debt or other securities of the employer, its subsidiaries or associates of the employer or any company of which the employer is a subsidiary or an associate. Furthermore, the plan must invest between 70%-80% of its total plan assets within Guyana.

The fair values for the pension plan's net assets, by asset category, at December 31, 2012 are as follows (in thousands):

Asset Category	Total		Level 1		Level 2		Level 3

Cash, cash equivalents, money markets and other	$	10,178	$	10,178	$	—	$	—
Equity securities		1,189		1,189		—		—
Fixed income securities		1,564		854		710		—

Total	$	12,931	$	12,221		710		—

The plan's weighted-average asset allocations at December 31, 2011 and 2012, by asset category are as follows:



Cash, cash equivalents, money markets and other	80.3	%	78.7	%
Equity securities	8.0		9.2
Fixed income securities	11.7		12.1

Total	100.0	%	100.0	%

Amounts recognized on the Company's consolidated balance sheets consist of (in thousands):

	As of December 31,

	2011			2012
Other assets	$	—		$	1,272
Other liabilities		(1,361	)		—
Accumulated other comprehensive loss, net of tax		2,714			1,318

Amounts recognized in accumulated other comprehensive loss consist of (in thousands):

	2011			2012

Net actuarial loss	$	(5,390	)	$	(2,918	)
Prior service cost		—			—

Accumulated other comprehensive loss, pre-tax	$	(5,390	)	$	(2,918	)

Accumulated other comprehensive loss, net of tax	$	(2,714	)	$	(1,318	)

Components of the plan's net periodic pension cost are as follows for the years ended December 31, 2010, 2011 and 2012 (in thousands):

	2010			2011			2012

Service cost	$	545		$	617		$	612
Interest cost		784			865			810
Expected return on plan assets		(835	)		(961	)		(972	)
Amortization of unrecognized net actuarial loss		177			229			242
Amortization of prior service costs		11			11			—

Net periodic pension cost	$	682		$	761		$	692

For 2013, the Company expects to contribute approximately $754,000 to its pension plan.

The following estimated pension benefits, which reflect expected future service, as appropriate, are expected to be paid over the next ten years as indicated below (in thousands):

Fiscal Year		Pension Benefits

2013			537
2014			327
2015			444
2016			522
2017			541
2018 - 2022			4,127

			6,498

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2012

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

12. COMMITMENTS AND CONTINGENCIES

The Company and its subsidiaries are subject to certain regulatory and legal proceedings and other claims arising in the ordinary course of business, some of which involve claims for damages and taxes that are substantial in amount. The Company believes that, except for the items discussed below, for which the Company is currently unable to predict the final outcome, the disposition of proceedings currently pending will not have a material adverse effect on the Company's financial position or results of operations.

Currently, GT&T holds an exclusive license to provide domestic fixed services and international voice and data services in Guyana. The license, whose initial term of twenty years was scheduled to expire at the end of 2010, allowed for GT&T, at its sole option, to extend the term for an additional twenty years, until December 2030. GT&T exercised its extension right, in accordance with the terms of its License and its agreement with the Government of Guyana, in November 2009.

Since 2001, the Government of Guyana has stated its intention to introduce additional competition into Guyana's telecommunications sector. Since that time, the Company and GT&T have met on several occasions with officials of the Government of Guyana to discuss potential modifications of GT&T's exclusivity and other rights under the existing agreement and License. In 2012, the Government of Guyana introduced draft legislation in Parliament that, if enacted, would have the effect of terminating the Company's exclusive license rights by permitting other telecommunications carriers to receive licenses to provide domestic fixed services and international voice and data services in Guyana. Along with the draft legislation, the Government also released drafts of new regulations and licenses. These Draft Laws would also introduce material changes to many other features of Guyana's existing telecommunications regulatory regime. The Company cannot predict when or if the proposed legislation will be adopted by Parliament or, if adopted and then signed into law by the President, the manner in which it would be implemented by the Minister of Telecommunications and the PUC. Although the Company believes that it would be entitled to damages or other compensation for any involuntary termination of its contractual exclusivity rights, it cannot guarantee that the Company would prevail in a proceeding to enforce its rights or that its actions would effectively halt any unilateral action by the Government. Historically, GT&T has been subject to other litigation proceedings and disputes in Guyana that, while not conclusively resolved, to the Company's knowledge have not been the subject of discussions or other significant activity in the last five years. It is possible, but not likely, that these disputes, as discussed below, may be revived. The Company believes that none of these additional proceedings would, in the event of an adverse outcome, have a material impact on the Company's consolidated financial position, results of operation or liquidity.

In a letter dated September 8, 2006, the National Frequency Management Unit (NFMU) agreed that total spectrum fees in Guyana should not increase for the years 2006 and 2007. However, that letter implied that spectrum fees in 2008 and onward may be increased beyond the amount GT&T agreed to with the Government. GT&T has objected to the NFMU's proposed action and reiterated its position that an increase in fees prior to development of an acceptable methodology would violate the Government's prior agreement. In 2011, GT&T paid the NFMU $2.6 million representing payments in full for 2008, 2009 and 2010. However, by letter dated November 23, 2011, the NFMU stated that it did not concur with GT&T's inference that the amount was payment in full for the specified years as it was their continued opinion that the final calculation for GSM spectrum fees was not agreed upon and was still an outstanding issue. By further letter dated November 24, 2011, the NFMU further rejected a proposal that was previously submitted jointly by GT&T and Digicel which outlined a recommended methodology for the calculation of these fees. The NFMU stated that it would prepare its own recommendation which it would send to the Minister of Telecoms for decision of the matter. There have been no further discussions on this subject and GT&T has not had the opportunity to review any recommendation made to the Minister.

In November 2007, Caribbean Telecommunications Limited ("CTL") filed a complaint in the U.S. District Court for the District of New Jersey against GT&T and ATN claiming breach of an interconnection agreement for domestic cellular services in Guyana and related claims. CTL asserted over $200 million in damages. GT&T and ATN moved to dismiss the complaint on procedural and jurisdictional grounds. On January 26, 2009, the court granted the motions to dismiss the complaint on the grounds asserted. On November 7, 2009, CTL filed a similar claim against GT&T and the PUC in the High Court of Guyana. The Company believes the claim is without merit and is duplicative of a previous claim filed by CTL in Guyana that was dismissed. There has been no action on this matter since 2009.

On May 8, 2009, Digicel filed a lawsuit in Guyana challenging the legality of GT&T's exclusive license rights under Guyana's constitution. Digicel initially filed this lawsuit against the Attorney General of Guyana in the High Court. On May 13, 2009, GT&T petitioned to intervene in the suit in order to oppose Digicel's claims and that petition was granted on May 18, 2009. GT&T filed an answer to the charge on June 22, 2009 and the case is pending. The Company believes that any legal challenge to GT&T's exclusive license rights granted in 1990 is without merit and the Company intends to vigorously defend against such a legal challenge.

On February 17, 2010, GT&T filed a lawsuit in the High Court of Guyana asserting that, despite its denials, Digicel is engaged in international bypass in violation of GT&T's exclusive license rights, the interconnection agreement between the parties, and the laws of Guyana. GT&T is seeking, among other things, injunctive relief to stop the illegal bypass activity, actual damages in excess of US$9 million and punitive damages of approximately US$5 million. Digicel filed counterclaims alleging that GT&T has violated the terms of the interconnection agreement and Guyana laws. GT&T intends to vigorously prosecute this suit.

On July 20, 2012 a trial court in Guyana made findings calling into question the validity of GT&T's exclusive license to provide international voice and data service in Guyana and the applicability of that license to telecommunications services using Voice over Internet Protocol ("VoIP"). The findings were made in a breach of contract case brought originally in 2007 against GT&T by a subscriber to its Internet service and are now temporarily stayed pending further court proceedings. Digicel, our main competitor in Guyana, in response to the trial court's findings, began connecting its own international traffic out of Guyana without receiving an international license and at rates which had not been approved by the Guyana Public Utilities Commission. In response, the Guyana Public Utilities Commission ordered Digicel to cease providing service at these rates and the government of Guyana notified us that they have undertaken to advise Digicel that its activities are in contravention of Guyana law. The Guyana courts also granted GT&T an interim injunction restraining Digicel from bypassing GT&T's network. GT&T has also appealed the case, not only with respect to the contract claim, but also as to the court's findings regarding the exclusivity of GT&T's license and its application to VoIP services.

GT&T is also involved in several legal claims regarding its tax filings with the Guyana Revenue Authority dating back to 1991 regarding the deductibility of intercompany advisory fees as well as other tax assessments. Should GT&T be held liable for any of the disputed tax assessments, totaling $36.8 million, the Company believes that the Government of Guyana would then be obligated to reimburse GT&T for any amounts necessary to ensure that GT&T's return on investment was no less than 15% per annum for the relevant periods.

Lease Commitments and Other Obligations

The Company leases approximately 1.9 million square feet for its operations centers, administrative offices and retail stores as well as certain tower sites under non-cancelable operating leases. The Company's obligations for payments under these leases and equipment purchases are as follows at December 31, 2012 (in thousands):


2013	$	64,639
2014		56,397
2015		52,927
2016		15,956
2017		11,369
Thereafter		27,816

Total obligations under operating leases	$	229,104

Rent expense for the years ended December 31, 2010, 2011 and 2012 was $33.3 million, $57.4 million and $57.4 million, respectively.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

RELATED-PARTY TRANSACTIONS	12 Months Ended
RELATED-PARTY TRANSACTIONS	Dec. 31, 2012
RELATED-PARTY TRANSACTIONS
RELATED-PARTY TRANSACTIONS	13. RELATED-PARTY TRANSACTIONS *Aruba* In June 2010, the Company entered into a joint venture to purchase a controlling interest in a wireless telecommunications enterprise in bankruptcy proceedings and operating on the island of Aruba. The joint venture, which is consolidated in the Company's financial statements, is conducted through a newly-created company named Caribbean Telecom Partners, LLC ("CTP"), in which it invested $3.1 million in exchange for a 51% controlling interest. CTP is governed by a three-member board of directors, which consists of two members designated by the Company and one member designated by a member of the Company's Board of Directors, Brian A. Schuchman, who, through a company wholly-owned by him, owns the remaining 49% interest. Mr. Schuchman has historically overseen the day-to-day management of CTP and, through CTP, the day-to-day management of the underlying Aruba telecommunications business. While he will remain involved in the Company's Aruba operations, Mr. Schuchman no longer serves as principal operating officer of CTP, effective July 1, 2012. The Audit Committee of the Company's Board approved the above-described arrangement with Mr. Schuchman after review in accordance with the Company's Related Person Transaction policy.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph b
-Article 3A

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SEGMENT REPORTING

12 Months Ended

Dec. 31, 2012

SEGMENT REPORTING

SEGMENT REPORTING

14. SEGMENT REPORTING

The Company has four reportable segments for separate disclosure in accordance with the FASB's authoritative guidance on disclosures about segments of an enterprise. Those four segments are: i) U.S. Wireless, which generates all of its revenues in and has all of its located assets in the United States, ii) International Integrated Telephony, which generates all of its revenues in and has all of its assets located in Guyana, iii) Island Wireless, which generates a majority of its revenues in and has a majority of its assets located in Bermuda and which also generates revenues in and has assets located in the U.S. Virgin Islands, Aruba and Turks and Caicos and iv) U.S. Wireline, which generates all of its revenues in and has all of its assets located in the United States. The operating segments are managed separately because each offers different services and serves different markets.

The following tables provide information for each operating segment (in thousands):

For the Year Ended December 31, 2010

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	293,126	$	—	$	—		$	—		$	—		$	293,126
Wholesale		159,807		—		—			—			—			159,807
International Wireless		—		24,689		25,926			—			—			50,615
Wireline		359		64,196		—			19,933			—			84,488
Equipment and Other		27,799		563		2,747			—			—			31,109

Total Revenue		481,091		89,448		28,673			19,933			—			619,145
Depreciation and amortization		50,662		17,480		5,271			2,936			387			76,736
Non-cash stock-based compensation		—		—		—			10			2,034			2,044
Operating income (loss)		48,226		27,371		(6,410	)		(288	)		(30,615	)		38,284

For the Year Ended December 31, 2011

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline		Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail		370,218		—		—			—		—			370,218
Wholesale		201,993		—		—			—		—			201,993
International Wireless		—		27,138		45,092			—		—			72,230
Wireline		556		64,471		—			19,930		—			84,957
Equipment and Other		22,883		832		6,083			—		—			29,798

Total Revenue		595,650		92,441		51,175			19,930		—			759,196
Depreciation and amortization		72,106		18,058		9,914			3,182		899			104,159
Non-cash stock-based compensation		512		—		—			—		2,766			3,278
Operating income (loss)		56,664		26,734		(10,153	)		255		(18,249	)		55,251

For the Year Ended December 31, 2012

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail		337,784		—		—			—			—			337,784
Wholesale		201,938		—		—			—			—			201,938
International Wireless		—		27,084		54,535			—			—			81,619
Wireline		602		64,428		—			21,331			(1,534	)		84,828
Equipment and Other		27,826		1,738		5,634			—			—			35,197

Total Revenue		568,150		93,250		60,169			21,331			(1,534	)		741,366
Depreciation and amortization		72,338		17,963		11,067			2,860			1,259			105,487
Non-cash stock-based compensation		220		—		—			—			3,324			3,544
Operating income (loss)		101,677		23,203		(3,263	)		(2,481	)		(19,675	)		99,461

	Segment Assets

	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
December 31, 2011:
Net fixed assets	$	296,279	$	129,069	$	40,446	$	9,126	$	8,283	$	483,203
Goodwill		32,148		—		5,438		7,491		—		45,077
Total assets		544,388		171,676		84,057		22,790		50,820		873,731
December 31, 2012:
Net fixed assets	$	262,372	$	126,532	$	33,745	$	17,489	$	10,409	$	450,547
Goodwill		32,148		—		5,438		7,491		—		45,077
Total assets		539,008		191,314		77,120		30,888		72,545		910,875

	Capital Expenditures

Year Ended December 31,	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
2010	$	88,522	$	26,019	$	13,896	$	2,050	$	5,201	$	135,688
2011		67,843		19,317		7,485		3,336		3,420		101,401
2012		45,058		14,369		4,529		10,508		2,956		77,421

Reconciling items refer to corporate overhead matters and consolidating adjustments.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL DATA (UNAUDITED)

QUARTERLY FINANCIAL DATA (UNAUDITED)

15. QUARTERLY FINANCIAL DATA (UNAUDITED)

Following is a summary of the Company's quarterly results of operations for the years ended December 31, 2011 and 2012 (in thousands):

	2011 Consolidated for the Three Months Ended

	March 31			June 30			September 30			December 31
Total revenue	$	188,154		$	193,753		$	194,346		$	182,943
Operating expenses		177,765			187,476			166,700			172,004

Income from operations		10,389			6,277			27,646			10,939
Other income (expense), net		(2,579	)		(3,907	)		(3,237	)		(3,062	)

Income before income taxes		7,810			2,370			24,409			7,877
Income taxes		3,830			1,052			11,193			4,494

Net income		3,980			1,318			13,216			3,383
Net (income) loss attributable to non-controlling interests, net of tax		517			497			(1,880	)		763

Net income attributable to Atlantic Tele-Network, Inc. stockholders	$	4,497		$	1,815		$	11,336		$	4,146

Earnings per share (basic)	$	0.29		$	0.12		$	0.74		$	0.27

Earnings per share (diluted)	$	0.29		$	0.12		$	0.73		$	0.27

	2012 Consolidated for the Three Months Ended

	March 31			June 30			September 30			December 31
Total revenue	$	182,890		$	185,293		$	188,798		$	184,385
Operating expenses		164,731			162,219			159,168			155,787

Income from operations		18,159			23,074			29,630			28,598
Other income (expense), net		(2,441	)		(3,328	)		(2,105	)		37

Income before income taxes		15,718			19,746			27,525			28,635
Income taxes		6,781			7,979			9,513			14,184

Net income		8,937			11,767			18,012			14,451
Net income attributable to non-controlling interests, net of tax		384			(1,237	)		(2,047	)		(1,335	)

Net income attributable to Atlantic Tele-Network, Inc. stockholders	$	9,321		$	10,530		$	15,965		$	13,116

Earnings per share (basic)	$	0.60		$	0.68		$	1.03		$	0.84

Earnings per share (diluted)	$	0.60		$	0.67		$	1.02		$	0.84

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

SUBSEQUENT EVENT	12 Months Ended
SUBSEQUENT EVENT	Dec. 31, 2012
SUBSEQUENT EVENT
SUBSEQUENT EVENTS	16. SUBSEQUENT EVENT Pending Sale of U.S. Retail Wireless Business On January 21, 2013, the Company entered into a Purchase Agreement with AT&T Mobility LLC ("AT&T") to sell certain of the wireless assets used in the Company's Alltel business (the "Alltel Sale"). Under the terms of the agreement, AT&T will purchase the operations in an all-cash transaction valued at approximately $780 million. For the year ended December 31, 2012, the Alltel business constituted approximately $464.4 million, or 63%, of the Company's consolidated revenues and $41.4 million, or 42%, of the Company's consolidated operating income. Although the consummation of the Alltel Sale is subject to customary closing conditions, including approval of the Federal Communications Commission, the required waiting period under the Hart Scott Rodino Antitrust Improvements Act of 1976 has expired and we currently expect to complete the transaction in the second half of 2013.

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

ATLANTIC TELE-NETWORK, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

(Amounts in Thousands)

	Balance at Beginning of Year		Charged to Costs and Expenses		Deductions		Balance at End of Year

YEAR ENDED, December 31, 2010
Description:
Valuation allowance on foreign tax credit carryforwards	$	11,734	$	5,249	$	—	$	16,983
Allowance for doubtful accounts		4,032		17,261		7,455		13,838

	$	15,766	$	22,510	$	7,455	$	30,821

YEAR ENDED, December 31, 2011
Description:
Valuation allowance on foreign tax credit carryforwards	$	16,983	$	—	$	228	$	16,755
Valuation allowance on foreign net operating losses		—		560		—		560
Allowance for doubtful accounts		13,838		14,822		13,321		15,339

	$	30,821	$	15,382	$	13,549	$	32,654

YEAR ENDED, December 31, 2012
Description:
Valuation allowance on foreign tax credit carryforwards	$	16,755	$	—	$	1,359	$	15,396
Valuation allowance on foreign net operating losses		560		338		—		898
Valuation allowance on state net operating losses		—		494		—		494
Allowance for doubtful accounts		15,339		14,006		14,792		14,553

	$	32,654	$	14,838	$	16,151	$	31,341

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

Basis of Presentation

Certain reclassifications have been made to the 2010 and 2011 financial statements in order to conform to the 2012 presentation.

Use of Estimates

Use of Estimates

Cash and Cash Equivalents

Cash and Cash Equivalents

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts

Materials and Supplies

Materials and Supplies

Fixed Assets

Fixed Assets

The Company determined that there was no impairment of its fixed assets in any of the three years in the period ended December 31, 2012.

Goodwill and Indefinite-Lived Intangible Assets

Goodwill and Indefinite-Lived Intangible Assets

Intangible Assets

Intangible Assets

The Alltel trade name licenses are amortized on a straight line basis over 28 years, which is considered the life of the license contract.

Customer relationships are amortized over their estimated lives of up to 13 years, which are based on the pattern in which economic benefit of the customer relationship is estimated to be realized.

Interest Rate Derivatives

Interest Rate Derivatives

Risk Management Objective of Using Derivatives

Risk Management Objective of Using Derivatives

Long-Term Debt

Long-Term Debt

Non-Controlling Interests

Non-Controlling Interests

Revenue Recognition

Revenue Recognition

Sales and use and state excise taxes collected from customers that are remitted to the governmental authorities are reported on a net basis and excluded from the revenues and sales.

Income Taxes

Income Taxes

The Company does not provide for United States income taxes on earnings of foreign subsidiaries as such earnings are considered to be indefinitely reinvested.

Credit Concentrations and Significant Customers

Credit Concentrations and Significant Customers

Customer

AT&T	10	%	8	%	9	%
Verizon	15	%	15	%	15	%

No other customer accounted for more than 10% of consolidated revenue in any of the past three years.

Customer

AT&T	16	%	18	%
Verizon	12	%	13	%

Foreign Currency Gains and Losses

Foreign Currency Gains and Losses

Fair Value of Financial Instruments

Fair Value of Financial Instruments


Level 1		Quoted prices in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset and liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 assets and liabilities include money market funds, debt and equity securities and derivative contracts that are traded in an active exchange market.
Level 2		Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data.
		This category generally includes corporate obligations and non-exchange traded derivative contracts.
Level 3		Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments and intangible assets that have been impaired whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

	December 31, 2011

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	3,366	$	3,366
Money market funds		3,847		—		3,847

Total assets measured at fair value	$	3,847	$	3,366	$	7,213

Interest rate derivative (Note 8)	$	—	$	11,337	$	11,337

Total liabilities measured at fair value	$	—	$	11,337	$	11,337

	December 31, 2012

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	363	$	363
Money market funds		1,755	$	—		1,755

Total assets measured at fair value	$	1,755	$	363	$	2,118

Interest rate derivative (Note 8)	$	—	$	11,142	$	11,142

Total liabilities measured at fair value	$	—	$	11,142	$	11,142

Money Market Funds and Certificates of Deposit

Money Market Funds and Certificates of Deposit

Derivatives

Derivatives

Net Income Per Share

Net Income Per Share

The reconciliation from basic to diluted weighted average common shares outstanding is as follows (in thousands):

	For the Year Ended December 31,

	2010		2011		2012
Basic weighted-average common shares outstanding		15,323		15,396		15,531
Stock options		160		99		88

Diluted weighted-average common shares outstanding		15,483		15,495		15,619

The following notes the number of potential common shares not included in the above calculation because the effects of such were anti-dilutive (in thousands of shares):

	For the Year Ended December 31,

	2010		2011		2012
Stock options		126		274		367

Total		126		274		367

Stock-Based Compensation

Stock-Based Compensation

Stock-based compensation expense is recognized with general and administrative expenses within the Consolidated Statements of Operations.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

ORGANIZATION AND BUSINESS OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2012

ORGANIZATION AND BUSINESS OPERATIONS

Schedule of the operating activities of the Company's principal subsidiaries, the segments in which the Company reports its revenue, and markets served

Services	Segment	Markets	Tradenames

Wireless	U.S. Wireless	United States (rural markets)	Alltel, Choice
	Island Wireless	Aruba, Bermuda, Turks and Caicos, U.S. Virgin Islands	Mio, CellOne, Islandcom, Choice
	International Integrated Telephony	Guyana	Cellink
Wireline	International Integrated Telephony	Guyana	GT&T, eMagine
	U.S. Wireline	United States (New England and New York State)	Sovernet, ION

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of percentage of revenues generated from a single customer that exceeds 10% of the Company's consolidated revenue

Customer

AT&T	10	%	8	%	9	%
Verizon	15	%	15	%	15	%

Schedule of percentage of accounts receivable, from customers that exceed 10% of the Company's consolidated accounts receivable, net of allowances

Customer

AT&T	16	%	18	%
Verizon	12	%	13	%

Schedule of assets and liabilities of the Company measured at fair value on a recurring basis

	December 31, 2011

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	3,366	$	3,366
Money market funds		3,847		—		3,847

Total assets measured at fair value	$	3,847	$	3,366	$	7,213

Interest rate derivative (Note 8)	$	—	$	11,337	$	11,337

Total liabilities measured at fair value	$	—	$	11,337	$	11,337

	December 31, 2012

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Certificates of deposit	$	—	$	363	$	363
Money market funds		1,755	$	—		1,755

Total assets measured at fair value	$	1,755	$	363	$	2,118

Interest rate derivative (Note 8)	$	—	$	11,142	$	11,142

Total liabilities measured at fair value	$	—	$	11,142	$	11,142

Schedule of reconciliation from basic to diluted weighted average common shares outstanding

The reconciliation from basic to diluted weighted average common shares outstanding is as follows (in thousands):

	For the Year Ended December 31,

	2010		2011		2012
Basic weighted-average common shares outstanding		15,323		15,396		15,531
Stock options		160		99		88

Diluted weighted-average common shares outstanding		15,483		15,495		15,619

Schedule of anti-dilutive potential shares that were excluded from the computation of diluted weighted average shares outstanding

The following notes the number of potential common shares not included in the above calculation because the effects of such were anti-dilutive (in thousands of shares):

	For the Year Ended December 31,

	2010		2011		2012
Stock options		126		274		367

Total		126		274		367

ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2012

Acquisitions

Schedule of pro forma results of operations

	Year Ended December 31, 2010				Year Ended December 31, 2011

	As Reported		As Adjusted		As Reported		As Adjusted
Revenue	$	619,145	$	892,768	$	759,196	$	765,284
Net income attributable to ATN stockholders		38,454		56,502		21,794		22,329
Earnings per share:
Basic	$	2.51	$	3.69	$	1.42	$	1.45
Diluted	$	2.48	$	3.65	$	1.41	$	1.44

Alltel Wireless

Acquisitions

Schedule of consideration to the tangible and intangible assets and liabilities of acquiree based on merger date fair values

The table below represents the assignment of the total acquisition cost to the tangible and intangible assets and liabilities of AWCC based on their acquisition date fair values:


Total cash consideration	$	221,359

Purchase price allocation:
Net working capital	$	15,817
Property, plant and equipment		176,393
Customer relationships		55,500
Telecommunications licenses		44,000
Trade name license		13,400
Other long term assets		11,500
Other long term liabilities		(34,211	)
Deferred tax liabilities		(18,016	)
Non-controlling interests		(16,000	)

Net assets acquired	$	248,383

Gain on bargain purchase, net of deferred taxes of $18,016	$	27,024

M3 Wireless, Ltd.

Acquisitions

Schedule of consideration to the tangible and intangible assets and liabilities of acquiree based on merger date fair values

The table below represents the assignment of the total consideration to the tangible and intangible assets and liabilities of M3 based on their merger date fair values (in thousands) noting that Bermuda is a non-taxable jurisdiction:


Total consideration	$	6,655

Purchase price allocation:
Net working capital	$	675
Property, plant and equipment		10,577
Customer relationships		2,600
Telecommunications licenses		6,100
Goodwill		3,105
Note payable-affiliate (see Note 7)		(7,012	)
Other long term liabilities		(200	)
Non-controlling interests		(9,190	)

Net assets acquired	$	6,655

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2012

ACCOUNTS RECEIVABLE

Schedule of accounts receivable

As of December 31, 2011 and 2012, accounts receivable consist of the following (in thousands):

	2011			2012

Retail	$	47,259		$	40,546
Wholesale		37,293			44,425
Other		1,946			2,673

Accounts receivable		86,498			87,644
Less: allowance for doubtful accounts		(15,339	)		(14,553	)

Total accounts receivable, net	$	71,159		$	73,091

FIXED ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

FIXED ASSETS

Schedule of property, plant and equipment

As of December 31, 2011 and 2012, property, plant and equipment consist of the following (in thousands):

		2011			2012

Telecommunications equipment and towers	5 - 15	$	666,969		$	697,340
Office and computer equipment	3 - 10		47,063			53,579
Buildings	15 - 39		18,017			29,619
Transportation vehicles	3 - 10		7,679			8,610
Leasehold improvements	Shorter of useful life or lease term		20,515			19,876
Land	—		6,653			6,836
Furniture and fixtures	5 - 10		8,120			11,090

Total plant in service			775,016			826,950
Construction in progress			38,375			42,394

Total property, plant, and equipment			813,391			869,344
Less: Accumulated depreciation			(330,188	)		(418,797	)

Net fixed assets		$	483,203		$	450,547

Schedule of gain recorded on sale of assets

During the year ended December 31, 2012, the Company sold certain network assets used in its wholesale U.S. Wireless business. The Company recorded a gain on this transaction, calculated as follows:

			(in thousands)

Sales proceeds			$	15,629
Less net book value of assets sold:
Property, plant and equipment, cost	12,279
Accumulated depreciation	(8,263	)

Property, plant and equipment, net book value				4,016
Other				8

Total net book value of assets sold				4,024

Gain on disposition of long-lived assets				11,605

GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

GOODWILL AND INTANGIBLE ASSETS

Schedule of changes in the carrying amount of goodwill, by operating segment

The changes in the carrying amount of goodwill, by operating segment, for the three years ended December 31, 2012 were as follows (in thousands):

	U.S. Wireless		U.S. Wireline		Island Wireless			Consolidated

Balance at December 31, 2010	$	32,148	$	7,491	$	4,758		$	44,397
Acquired goodwill		—		—		3,105			3,105
Impairment charge		—		—		(2,425	)		(2,425	)

Balance at December 31, 2011		32,148		7,491		5,438			45,077

Acquired goodwill		—		—		—			—

Impairment charge		—		—		—			—

Balance at December 31, 2012	$	32,148	$	7,491	$	5,438		$	45,077

Schedule of changes in the carrying amount of the Company's telecommunications licenses, by operating segment

The changes in the carrying amount of the Company's telecommunications licenses, by operating segment, for the three years ended December 31, 2012 were as follows (in thousands):

	U.S. Wireless		U.S. Wireline		Island Wireless			Consolidated

Balance at December 31, 2010	$	63,794	$	31	$	17,018		$	80,843
Acquired licenses		525		—		6,100			6,625

Balance at December 31, 2011		64,319		31		23,118			87,468
Acquired licenses		6,340		—		—			6,340
Impairment charge		—		—		(3,350	)		(3,350	)

Balance at December 31, 2012	$	70,659	$	31	$	19,768		$	90,458

Customer Relationships

Finite-lived intangible assets

Schedule of finite lived intangible assets, by operating segment

Customer relationships as of December 31, 2011, by operating segment, are as follows:

	U.S. Wireless			U.S. Wireline			Island Wireless			Consolidated

Gross	$	55,500		$	5,040		$	3,028		$	63,568
Accumulated amortization		(16,886	)		(4,969	)		(399	)		(22,254	)

Net	$	38,614		$	71		$	2,629		$	41,314

Customer relationships as of December 31, 2012, by operating segment, are as follows:

	U.S. Wireless			U.S. Wireline			Island Wireless			Consolidated

Gross	$	55,500		$	5,040		$	3,028		$	63,568
Accumulated amortization		(24,871	)		(5,040	)		(822	)		(30,733	)

Net	$	30,629		$	—		$	2,206		$	32,835

Schedule of future amortization of customer relationships, by operating segment

Future amortization of customer relationships, by operating segment, is as follows (in thousands):

	U.S. Wireless		Island Wireless		Consolidated

2013	$	6,442	$	414	$	6,856
2014		5,468		376		5,844
2015		4,769		343		5,112
2016		4,088		309		4,397
2017		3,367		276		3,643
Thereafter		6,495		488		6,983

Total	$	30,629	$	2,206	$	32,835

Trade Name License

Finite-lived intangible assets

Schedule of finite lived intangible assets, by operating segment

Trade name licenses as of December 31, 2011, by operating segment are as follows:

	U.S. Wireless			Island Wireless		Consolidated

Gross	$	13,400		$	417	$	13,817
Accumulated amortization		(804	)		—		(804	)

Net	$	12,596		$	417	$	13,013

Trade name licenses as of December 31, 2012, by operating segment are as follows:

	U.S. Wireless			Island Wireless		Consolidated

Gross	$	13,400		$	417	$	13,817
Accumulated amortization		(1,283	)		—		(1,283	)

Net	$	12,117		$	417	$	12,534

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2012

LONG-TERM DEBT

Schedule of long-term debt

Long-term debt comprises the following (in thousands):

	December 31, 2011			December 31, 2012

Notes payable—Bank:
Term loans	$	252,113		$	268,000
Revolver loan		28,156			—
Note payable—other		5,752			4,072

Total outstanding debt		286,021			272,072
Less: current portion		(25,068	)		(15,680	)

Total long-term debt		260,953			256,392
Less: debt discount		(3,807	)		(5,492	)

Net carrying amount	$	257,146		$	250,900

Schedule of future principal repayments of the term loans

	Principal Repayment

	(in thousands)
2013	$	15,680
2014		15,900
2015		14,492
2016		14,000
2017		70,250
Thereafter		141,750

Total principal repayments	$	272,072

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2012

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Schedule of fair value of the entity's derivative financial instrument as well as its classification on the consolidated balance sheet

	Liability Derivatives

		Fair Value as of
	Balance Sheet Location	December 31, 2011		December 31, 2012
Derivatives designated as hedging instruments:
Interest Rate Swaps	Other liabilities	$	11,337	$	11,142
Total derivatives designated as hedging instruments		$	11,337	$	11,142

Schedule of effect of the entity's derivative financial instruments on the consolidated income statements

The table below presents the effect of the Company's derivative financial instruments on the consolidated income statements for the years December 31, 2011 and 2012 (in thousands):

Year Ended December 31,	Derivative in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)		Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)

2011	Interest Rate Swap	$	7,816	Interest expense	$	(4,172	)
2012	Interest Rate Swap		3,959	Interest expense		(4,154	)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

EQUITY

Schedule of shares repurchased from employees to satisfy tax obligations upon vesting's of restricted stock options

Year Ended December 31		Aggregate Cost		Average Repurchase Price

2010	1,331	$	43,923	$	33.00
2011	5,470		218,255		39.90
2012	9,175		344,166		37.51

Summary of stock option activity

Year Ended December 31, 2011

	Number of Options			Weighted Avg. Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2011		625,750		$	32.17
Granted		146,500			33.29
Forfeited		—			—
Exercised		(51,602	)		22.77

Outstanding at December 31, 2011		720,648			33.07		6.79		5,617,669

Vested and expected to vest at December 31, 2011		674,469			32.74		6.66		5,248,211

Exercisable at December 31, 2011		409,149		$	29.44		5.41		4,259,541

Year Ended December 31, 2012

	Number of Options			Weighted Avg. Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2012		720,648		$	33.07
Granted		64,000			37.36
Forfeited		(1,625	)		32.02
Exercised		(62,575	)		23.22

Outstanding at December 31, 2012		720,448			34.31		6.33		3,499,252

Vested and expected to vest at December 31, 2012		713,728			34.28		6.31		3,488,633

Exercisable at December 31, 2012		453,698			32.02		5.27		2,987,705

Summary of information relating to options granted and exercised

The following table summarizes information relating to options granted and exercised during 2010, 2011 and 2012 (in thousands, except fair value of options granted data):

	2010		2011		2012

Weighted-average of fair value of options granted	$	18.26	$	13.18	$	15.27
Aggregate intrinsic value of options exercised		2,141		822		938
Cash proceeds received upon exercise of options		1,653		1,175		1,452
Tax benefits realized upon exercise of options		594		—		362

Schedule of weighted-average assumptions using Black-Scholes option-pricing model for estimating fair value of each option granted

	Options Granted in

	2010	2011	2012
Risk-free interest rate	2.5%	2.1%	1.4%
Expected dividend yield	2.5%	2.7%	2.5%
Expected life	6.25 years	6.25 years	6.25 years
Expected volatility	50%	51%	53%

Summary of restricted stock activity



Unvested as of January 1, 2011	76,287		42.10
Granted	22,925		34.64
Forfeited	—		—
Vested and issued	(30,439	)	38.21

Unvested as of December 31, 2011	68,773		41.39



Unvested as of January 1, 2012	68,773		41.39
Granted	72,083		36.93
Forfeited	(1,499	)	38.60
Vested and issued	(35,504	)	37.58

Unvested as of December 31, 2012	103,853		39.63

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2012

INCOME TAXES

Schedule of components of income before income taxes

The components of income before income taxes for the years ended December 31, 2010, 2011 and 2012 are as follows (in thousands):

	2010		2011		2012

Domestic	$	39,958	$	28,397	$	73,077
Foreign		17,231		14,069		18,547

Total	$	57,189	$	42,466	$	91,624

Schedule of reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense

The following is a reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense for the years ended December 31, 2010, 2011, and 2012 (in thousands):

	2010			2011			2012

Tax computed at statutory U.S. federal income tax rates	$	20,050		$	14,863		$	32,068
Income taxes in excess (below) statutory U.S. tax rates:
Guyana		3,351			2,096			812
Bermuda and Turks & Caicos		1,535			2,854			503
Valuation allowance		5,250			—			832
Bargain purchase gain		(9,458	)		—			—
Foreign tax reserve		(125	)		556			2,359
State taxes		(21	)		149			2,352
Research and development credit		—			(62	)		(1,024	)
Other, net		(975	)		113			555

Income tax expense	$	19,607		$	20,569		$	38,457

Schedule of components of income tax expense (benefit)

The components of income tax expense (benefit) for the years ended December 31, 2010, 2011 and 2012 are as follows (in thousands):

	2010			2011			2012

Current:
United States—Federal	$	6,517		$	(19,716	)	$	18,917
United States—State		1,654			(16	)		1,085
Foreign		11,784			12,721			11,099

Total current income tax expense (benefit)		19,955			(7,011	)	$	31,101

Deferred:
United States—Federal		2,333			29,553			6,124
United States—State		(1,467	)		197			1,769
Foreign		(1,214	)		(2,170	)		(537	)

Total deferred income tax expense (benefit)		(348	)		27,580			7,356

Total income tax expense	$	19,607		$	20,569		$	38,457

Consolidated:
United States—Federal	$	8,850		$	9,837		$	25,041
United States—State		187			181			2,854
Foreign		10,570			10,551			10,562

Total income tax expense	$	19,607		$	20,569		$	38,457

Schedule of significant components of deferred tax assets and liabilities

The significant components of deferred tax assets and liabilities are as follows as of December 31, 2011 and 2012 (in thousands):

	2011			2012

Deferred tax assets:
Receivables reserve	$	4,852		$	4,589
Temporary differences not currently deductible for tax		9,910			12,540
Deferred compensation		1,376			1,851
Foreign tax credit carryforwards		16,755			15,395
Interest rate swap		4,535			4,457
Net operating losses		9,719			1,732
Tax credits		62			—
Pension benefits		640			—
Valuation allowance		(17,315	)		(16,788	)

Total deferred tax asset	$	30,534			23,776

Deferred tax liabilities:
Property, plant and equipment, net	$	55,762		$	58,521
Intangible assets, net		39,477			38,034
Market discount		2,280			2,280
Pension		—			598

Total deferred tax liabilities		97,519			99,433

Net deferred tax liabilities	$	66,985		$	75,657

Schedule of deferred tax assets and liabilities

Deferred tax assets and liabilities are reflected in the accompanying consolidated balance sheets as follows (in thousands):

	2011		2012

Deferred tax assets:
Current	$	21,921	$	8,349
Long term		—		—

Total deferred tax asset	$	21,921	$	8,349

Deferred tax liabilities:
Current	$	—	$	—
Long term		88,906		84,006

Total deferred tax liabilities	$	88,906	$	84,006

Net deferred tax liabilities	$	66,985	$	75,657

Schedule of activity related to unrecognized tax benefits

The following shows the activity related to unrecognized tax benefits during the three years ended December 31, 2012 (in thousands):


Gross unrecognized tax benefits at December 31, 2009	$	5,507
Increase in uncertain tax positions		1,030
Lapse in statute of limitations		(125	)

Gross unrecognized tax benefits at December 31, 2010		6,412
Increase in uncertain tax positions		590
Lapse in statute of limitations		(50	)

Gross unrecognized tax benefits at December 31, 2011		6,952
Increase in uncertain tax positions		3,384
Lapse in statute of limitations		—

Gross unrecognized uncertain tax benefits at December 31, 2012	$	10,336

RETIREMENT PLANS (Tables)

12 Months Ended

Dec. 31, 2012

RETIREMENT PLANS

Schedule of weighted-average rates assumed in the actuarial calculations for the pension plan



Discount rate	7.00	%	6.25	%	6.00	%
Annual salary increase	7.50	%	7.50	%	7.50	%
Expected long-term return on plan assets	8.00	%	8.00	%	8.00	%

Schedule of changes during the year in the projected benefit obligations and in the fair value of plan assets

Changes during the year in the projected benefit obligations and in the fair value of plan assets are as follows for 2011 and 2012 (in thousands):

	2011			2012

Projected benefit obligations:
Balance at beginning of year:	$	12,580		$	13,355
Service cost		617			612
Interest cost		865			810
Benefits paid		(659	)		(674	)
Actuarial loss		(48	)		(2,443	)

Balance at end of year	$	13,355		$	11,660

Plan net assets:
Balance at beginning of year:	$	11,736		$	11,994
Actual return on plan assets		83			759
Company contributions		834			853
Benefits paid		(659	)		(674	)

Balance at end of year	$	11,994		$	12,932

(Under) over funded status of plan	$	(1,361	)	$	1,272

Schedule of fair values for the pension plan's net assets, by asset category

The fair values for the pension plan's net assets, by asset category, at December 31, 2012 are as follows (in thousands):

Asset Category	Total		Level 1		Level 2		Level 3

Cash, cash equivalents, money markets and other	$	10,178	$	10,178	$	—	$	—
Equity securities		1,189		1,189		—		—
Fixed income securities		1,564		854		710		—

Total	$	12,931	$	12,221		710		—

Schedule of weighted-average asset allocations, by asset category



Cash, cash equivalents, money markets and other	80.3	%	78.7	%
Equity securities	8.0		9.2
Fixed income securities	11.7		12.1

Total	100.0	%	100.0	%

Schedule of amounts recognized on the Company's consolidated balance sheets

Amounts recognized on the Company's consolidated balance sheets consist of (in thousands):

	As of December 31,

	2011			2012
Other assets	$	—		$	1,272
Other liabilities		(1,361	)		—
Accumulated other comprehensive loss, net of tax		2,714			1,318

Schedule of amounts recognized in accumulated other comprehensive loss

Amounts recognized in accumulated other comprehensive loss consist of (in thousands):

	2011			2012

Net actuarial loss	$	(5,390	)	$	(2,918	)
Prior service cost		—			—

Accumulated other comprehensive loss, pre-tax	$	(5,390	)	$	(2,918	)

Accumulated other comprehensive loss, net of tax	$	(2,714	)	$	(1,318	)

Schedule of components of the plan's net periodic pension cost

Components of the plan's net periodic pension cost are as follows for the years ended December 31, 2010, 2011 and 2012 (in thousands):

	2010			2011			2012

Service cost	$	545		$	617		$	612
Interest cost		784			865			810
Expected return on plan assets		(835	)		(961	)		(972	)
Amortization of unrecognized net actuarial loss		177			229			242
Amortization of prior service costs		11			11			—

Net periodic pension cost	$	682		$	761		$	692

Schedule of estimated pension benefits

The following estimated pension benefits, which reflect expected future service, as appropriate, are expected to be paid over the next ten years as indicated below (in thousands):

Fiscal Year		Pension Benefits

2013			537
2014			327
2015			444
2016			522
2017			541
2018 - 2022			4,127

			6,498

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2012

COMMITMENTS AND CONTINGENCIES

Schedule of the Company's obligation for payments under leases

The Company's obligations for payments under these leases and equipment purchases are as follows at December 31, 2012 (in thousands):


2013	$	64,639
2014		56,397
2015		52,927
2016		15,956
2017		11,369
Thereafter		27,816

Total obligations under operating leases	$	229,104

SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2012

SEGMENT REPORTING

Schedule of information for each operating segment

The following tables provide information for each operating segment (in thousands):

For the Year Ended December 31, 2010

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail	$	293,126	$	—	$	—		$	—		$	—		$	293,126
Wholesale		159,807		—		—			—			—			159,807
International Wireless		—		24,689		25,926			—			—			50,615
Wireline		359		64,196		—			19,933			—			84,488
Equipment and Other		27,799		563		2,747			—			—			31,109

Total Revenue		481,091		89,448		28,673			19,933			—			619,145
Depreciation and amortization		50,662		17,480		5,271			2,936			387			76,736
Non-cash stock-based compensation		—		—		—			10			2,034			2,044
Operating income (loss)		48,226		27,371		(6,410	)		(288	)		(30,615	)		38,284

For the Year Ended December 31, 2011

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline		Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail		370,218		—		—			—		—			370,218
Wholesale		201,993		—		—			—		—			201,993
International Wireless		—		27,138		45,092			—		—			72,230
Wireline		556		64,471		—			19,930		—			84,957
Equipment and Other		22,883		832		6,083			—		—			29,798

Total Revenue		595,650		92,441		51,175			19,930		—			759,196
Depreciation and amortization		72,106		18,058		9,914			3,182		899			104,159
Non-cash stock-based compensation		512		—		—			—		2,766			3,278
Operating income (loss)		56,664		26,734		(10,153	)		255		(18,249	)		55,251

For the Year Ended December 31, 2012

	U.S. Wireless		International Integrated Telephony		Island Wireless			U.S. Wireline			Reconciling Items			Consolidated
Revenue
U.S. Wireless:
Retail		337,784		—		—			—			—			337,784
Wholesale		201,938		—		—			—			—			201,938
International Wireless		—		27,084		54,535			—			—			81,619
Wireline		602		64,428		—			21,331			(1,534	)		84,828
Equipment and Other		27,826		1,738		5,634			—			—			35,197

Total Revenue		568,150		93,250		60,169			21,331			(1,534	)		741,366
Depreciation and amortization		72,338		17,963		11,067			2,860			1,259			105,487
Non-cash stock-based compensation		220		—		—			—			3,324			3,544
Operating income (loss)		101,677		23,203		(3,263	)		(2,481	)		(19,675	)		99,461

	Segment Assets

	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
December 31, 2011:
Net fixed assets	$	296,279	$	129,069	$	40,446	$	9,126	$	8,283	$	483,203
Goodwill		32,148		—		5,438		7,491		—		45,077
Total assets		544,388		171,676		84,057		22,790		50,820		873,731
December 31, 2012:
Net fixed assets	$	262,372	$	126,532	$	33,745	$	17,489	$	10,409	$	450,547
Goodwill		32,148		—		5,438		7,491		—		45,077
Total assets		539,008		191,314		77,120		30,888		72,545		910,875

	Capital Expenditures

Year Ended December 31,	U.S. Wireless		International Integrated Telephony		Island Wireless		U.S. Wireline		Reconciling Items		Consolidated
2010	$	88,522	$	26,019	$	13,896	$	2,050	$	5,201	$	135,688
2011		67,843		19,317		7,485		3,336		3,420		101,401
2012		45,058		14,369		4,529		10,508		2,956		77,421

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL DATA (UNAUDITED)

Summary of the Company's quarterly results of operations

Following is a summary of the Company's quarterly results of operations for the years ended December 31, 2011 and 2012 (in thousands):

	2011 Consolidated for the Three Months Ended

	March 31			June 30			September 30			December 31
Total revenue	$	188,154		$	193,753		$	194,346		$	182,943
Operating expenses		177,765			187,476			166,700			172,004

Income from operations		10,389			6,277			27,646			10,939
Other income (expense), net		(2,579	)		(3,907	)		(3,237	)		(3,062	)

Income before income taxes		7,810			2,370			24,409			7,877
Income taxes		3,830			1,052			11,193			4,494

Net income		3,980			1,318			13,216			3,383
Net (income) loss attributable to non-controlling interests, net of tax		517			497			(1,880	)		763

Net income attributable to Atlantic Tele-Network, Inc. stockholders	$	4,497		$	1,815		$	11,336		$	4,146

Earnings per share (basic)	$	0.29		$	0.12		$	0.74		$	0.27

Earnings per share (diluted)	$	0.29		$	0.12		$	0.73		$	0.27

	2012 Consolidated for the Three Months Ended

	March 31			June 30			September 30			December 31
Total revenue	$	182,890		$	185,293		$	188,798		$	184,385
Operating expenses		164,731			162,219			159,168			155,787

Income from operations		18,159			23,074			29,630			28,598
Other income (expense), net		(2,441	)		(3,328	)		(2,105	)		37

Income before income taxes		15,718			19,746			27,525			28,635
Income taxes		6,781			7,979			9,513			14,184

Net income		8,937			11,767			18,012			14,451
Net income attributable to non-controlling interests, net of tax		384			(1,237	)		(2,047	)		(1,335	)

Net income attributable to Atlantic Tele-Network, Inc. stockholders	$	9,321		$	10,530		$	15,965		$	13,116

Earnings per share (basic)	$	0.60		$	0.68		$	1.03		$	0.84

Earnings per share (diluted)	$	0.60		$	0.67		$	1.02		$	0.84

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions, $ in Millions	Dec. 31, 2012 USD ($)	Dec. 31, 2012 GYD ($)	Dec. 31, 2011 GYD ($)
Cash and Cash Equivalents
Deposit with non-insured institutions	$ 41.1
Guyanese dollars
Cash
Cash (in GYD)		$ 23.4	$ 10.5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Fixed assets
Accrued asset retirement obligations	$ 2.5	$ 2.4
Minimum
Fixed assets
Useful life	3 years
Maximum
Fixed assets
Useful life	39 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Goodwill and Indefinite Lived Intangible Assets
Telecommunications license impairment	$ 3,400
Goodwill impairment		$ 2,425
Alltel Wireless
Intangible assets
Estimated life	12 years 8 months 12 days
Trade name licenses \| Alltel Wireless
Intangible assets
Estimated life	28 years
Customer relationships \| Maximum
Intangible assets
Estimated life	13 years

- Definition

Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 47
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) - Bermuda wireless operations	1 Months Ended
	May 31, 2011
Non-Controlling Interests
Ownership interest before merger (as a percent)	58.00%
Ownership interest after merger (as a percent)	42.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenues \| Customer concentration \| AT&T
Credit concentrations and significant customers
Percentage of concentration risk	9.00%	8.00%	10.00%
Revenues \| Customer concentration \| Verizon
Credit concentrations and significant customers
Percentage of concentration risk	15.00%	15.00%	15.00%
Accounts receivable \| Credit concentration \| AT&T
Credit concentrations and significant customers
Percentage of concentration risk	18.00%	16.00%
Accounts receivable \| Credit concentration \| Verizon
Credit concentrations and significant customers
Percentage of concentration risk	13.00%	12.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 6)	Dec. 31, 2012 USD ($) $ / $	Dec. 31, 2011 USD ($) $ / $	Dec. 31, 2010 USD ($) $ / $
Foreign Currency Gains and Losses
Value of a Guyana dollar to one U.S. dollar \| $ / $	205	205	205
Fair value of financial instruments
Goodwill impairment		$ 2,425,000
Goodwill	$ 45,077,000	45,077,000	$ 44,397,000
Telecommunications license impairment	3,400,000
Island Wireless
Fair value of financial instruments
Goodwill impairment		2,425,000
Goodwill	5,438,000	5,438,000	$ 4,758,000
Telecommunications license impairment	3,400,000
Certain Island Wireless Reporting Unit
Fair value of financial instruments
Goodwill impairment		2,400,000
Goodwill		0
Recurring \| Quoted Prices in Active Markets (Level 1)
Fair value of financial instruments
Money market funds	1,755,000	3,847,000
Total assets measured at fair value	1,755,000	3,847,000
Recurring \| Significant Other Observable Inputs (Level 2)
Fair value of financial instruments
Certificates of deposit	363,000	3,366,000
Total assets measured at fair value	363,000	3,366,000
Interest rate derivative	11,142,000	11,337,000
Total liabilities measured at fair value	11,142,000	11,337,000
Recurring \| Total
Fair value of financial instruments
Certificates of deposit	363,000	3,366,000
Money market funds	1,755,000	3,847,000
Total assets measured at fair value	2,118,000	7,213,000
Interest rate derivative	11,142,000	11,337,000
Total liabilities measured at fair value	$ 11,142,000	$ 11,337,000

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 7) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation from basic to diluted weighted average common shares outstanding
Basic weighted-average common shares outstanding	15,531	15,396	15,323
Stock options (in shares)	88	99	160
Diluted weighted-average common shares outstanding	15,619	15,495	15,483
Anti-dilutive common shares not included for computation of earnings per share
Anti-dilutive potential shares excluded from the computation of diluted weighted average shares outstanding (in shares)	367	274	126
Stock options
Anti-dilutive common shares not included for computation of earnings per share
Anti-dilutive potential shares excluded from the computation of diluted weighted average shares outstanding (in shares)	367	274	126

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 8) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Stock-based compensation
Non-cash stock-based compensation	$ 3,543	$ 3,249	$ 2,043
Stock options
Stock-based compensation
Options granted (in shares)	64,000	146,500	172,500
Non-cash stock-based compensation	$ 1,800	$ 1,600	$ 1,100
Vesting period	4 years
Restricted Stock
Stock-based compensation
Non-cash stock-based compensation	$ 1,800	$ 1,400	$ 900
Restricted shares of common stock issued (in shares)	72,083	22,925	64,477
Vesting period	4 years

ACQUISITIONS (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	3 Months Ended								12 Months Ended
	Apr. 26, 2010	May 31, 2011	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	May 02, 2011
Purchase price allocation:
Gain on bargain purchase													$ 27,024
Assets acquired, related information
External acquisition-related costs											$ 868	$ 772	13,760
As Reported
Revenue			$ 184,385	$ 188,798	$ 185,293	$ 182,890	$ 182,943	$ 194,346	$ 193,753	$ 188,154	741,366	759,196	619,145
Net income attributable to ATN stockholders			$ 13,116	$ 15,965	$ 10,530	$ 9,321	$ 4,146	$ 11,336	$ 1,815	$ 4,497	$ 48,932	$ 21,794	$ 38,454
Earnings per share:
Basic (in dollars per share)			$ 0.84	$ 1.03	$ 0.68	$ 0.60	$ 0.27	$ 0.74	$ 0.12	$ 0.29	$ 3.15	$ 1.42	$ 2.51
Diluted (in dollars per share)			$ 0.84	$ 1.02	$ 0.67	$ 0.60	$ 0.27	$ 0.73	$ 0.12	$ 0.29	$ 3.13	$ 1.41	$ 2.48
As Adjusted
Revenue												$ 765,284	$ 892,768
Net income attributable to ATN stockholders												$ 22,329	$ 56,502
Earnings per share:
Basic (in dollars per share)												$ 1.45	$ 3.69
Diluted (in dollars per share)												$ 1.44	$ 3.65
BDC
Acquisitions
Ownership interest before merger (as a percent)		58.00%
Ownership interest after merger (as a percent)		42.00%
Alltel Wireless
Acquisitions
Total consideration	$ 221,400
Borrowings used to fund the purchase price	190,000
Cash-on-hand used to fund the purchase price	31,400
Total cash consideration	221,359
Purchase price allocation:
Net working capital	15,817
Property, plant and equipment	176,393
Telecommunications licenses	44,000
Other long term assets	11,500
Other long term liabilities	(34,211)
Deferred tax liabilities	(18,016)
Non-controlling interests	(16,000)
Net assets acquired	248,383
Gain on bargain purchase	27,024
Assets acquired, related information
Estimated life											12 years 8 months 12 days
External acquisition-related costs													$ 13,600
Alltel Wireless \| Customer relationships
Purchase price allocation:
Intangible assets	55,500
Alltel Wireless \| Trade name licenses
Purchase price allocation:
Intangible assets	$ 13,400
Assets acquired, related information
Estimated life											28 years
M3 Wireless, Ltd.
Acquisitions
Total consideration														$ 6,655
Purchase price allocation:
Net working capital														675
Property, plant and equipment														10,577
Telecommunications licenses														6,100
Goodwill														3,105
Note payable- affiliate														(7,012)
Other long term liabilities														(200)
Non-controlling interests														(9,190)
Net assets acquired														6,655
M3 Wireless, Ltd. \| Customer relationships
Purchase price allocation:
Intangible assets														$ 2,600
Assets acquired, related information
Estimated life											12 years

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
ACCOUNTS RECEIVABLE
Accounts receivable	$ 87,644	$ 86,498
Less: allowance for doubtful accounts	(14,553)	(15,339)
Total accounts receivable, net	73,091	71,159
Retail
ACCOUNTS RECEIVABLE
Accounts receivable	40,546	47,259
Wholesale
ACCOUNTS RECEIVABLE
Accounts receivable	44,425	37,293
Other
ACCOUNTS RECEIVABLE
Accounts receivable	$ 2,673	$ 1,946

FIXED ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
FIXED ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Fixed Assets
Total plant in service	$ 826,950	$ 775,016
Total property, plant, and equipment	869,344	813,391
Less: Accumulated depreciation	(418,797)	(330,188)
Net fixed assets	450,547	483,203
Depreciation and amortization	96,500	93,600	$ 68,500
Capital expenditures offset by grants	$ 30,600	11,800	$ 1,600
Minimum
Fixed Assets
Useful Life	3 years
Maximum
Fixed Assets
Useful Life	39 years
Telecommunications equipment and towers
Fixed Assets
Total plant in service	$ 697,340	$ 666,969
Telecommunications equipment and towers \| Minimum
Fixed Assets
Useful Life	5 years	5 years
Telecommunications equipment and towers \| Maximum
Fixed Assets
Useful Life	15 years	15 years
Office and computer equipment
Fixed Assets
Total plant in service	$ 53,579	$ 47,063
Office and computer equipment \| Minimum
Fixed Assets
Useful Life	3 years	3 years
Office and computer equipment \| Maximum
Fixed Assets
Useful Life	10 years	10 years
Buildings
Fixed Assets
Total plant in service	$ 29,619	$ 18,017
Buildings \| Minimum
Fixed Assets
Useful Life	15 years	15 years
Buildings \| Maximum
Fixed Assets
Useful Life	39 years	39 years
Transportation vehicles
Fixed Assets
Total plant in service	$ 8,610	$ 7,679
Transportation vehicles \| Minimum
Fixed Assets
Useful Life	3 years	3 years
Transportation vehicles \| Maximum
Fixed Assets
Useful Life	10 years	10 years
Leasehold improvements
Fixed Assets
Total plant in service	$ 19,876	$ 20,515
Land
Fixed Assets
Total plant in service	6,836	6,653
Furniture and fixtures
Fixed Assets
Total plant in service	$ 11,090	$ 8,120
Furniture and fixtures \| Minimum
Fixed Assets
Useful Life	5 years	5 years
Furniture and fixtures \| Maximum
Fixed Assets
Useful Life	10 years	10 years
Construction in progress
Fixed Assets
Total property, plant, and equipment	$ 42,394	$ 38,375

FIXED ASSETS (Details 2) - USD ($) $ in Thousands	12 Months Ended
FIXED ASSETS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Calculation of gain recorded on sale of assets
Sales proceeds	$ 15,163	$ 1,200
Less net book value of assets sold:
Property, plant and equipment	869,344	813,391
Less: Accumulated depreciation	(418,797)	(330,188)
Property, plant and equipment, net book value	450,547	483,203
Gain on disposition of long-lived assets	11,605	$ 2,397
Certain network \| U.S. Wireless, Wholesale
Calculation of gain recorded on sale of assets
Sales proceeds	15,629
Less net book value of assets sold:
Property, plant and equipment	12,279
Less: Accumulated depreciation	(8,263)
Property, plant and equipment, net book value	4,016
Other	8
Total net book value of assets sold	4,024
Gain on disposition of long-lived assets	$ 11,605

GOODWILL AND INTANGIBLE ASSETS (Details) $ in Thousands	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS (Details) $ in Thousands	Dec. 31, 2011 USD ($) Item
Changes in the carrying amount of goodwill, by operating segment
Balance at the beginning of the period	$ 44,397
Acquired goodwill	3,105
Impairment charge	(2,425)
Balance at the end of the period	45,077
U.S. Wireless
Changes in the carrying amount of goodwill, by operating segment
Balance at the beginning of the period	32,148
Balance at the end of the period	32,148
U.S. Wireline
Changes in the carrying amount of goodwill, by operating segment
Balance at the beginning of the period	7,491
Balance at the end of the period	$ 7,491
Island Wireless
Goodwill
Number of reporting units where book value exceeded fair value \| Item	1
Changes in the carrying amount of goodwill, by operating segment
Balance at the beginning of the period	$ 4,758
Acquired goodwill	3,105
Impairment charge	(2,425)
Balance at the end of the period	$ 5,438

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

GOODWILL AND INTANGIBLE ASSETS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Balance at the beginning of the period	$ 87,468
Impairment charge	(3,400)
Balance at the end of the period	90,458	$ 87,468
Island Wireless
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Impairment charge	(3,400)
Telecommunications Licenses
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Balance at the beginning of the period	87,468	80,843
Acquired licenses	6,340	6,625
Impairment charge	(3,350)
Balance at the end of the period	90,458	87,468
Telecommunications Licenses \| U.S. Wireless
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Balance at the beginning of the period	64,319	63,794
Acquired licenses	6,340	525
Balance at the end of the period	70,659	64,319
Telecommunications Licenses \| U.S. Wireline
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Balance at the beginning of the period	31	31
Balance at the end of the period	31	31
Telecommunications Licenses \| Island Wireless
Changes in the carrying amount of the company's telecommunications licenses, by operating segment
Balance at the beginning of the period	23,118	17,018
Acquired licenses		6,100
Impairment charge	(3,350)
Balance at the end of the period	$ 19,768	$ 23,118

GOODWILL AND INTANGIBLE ASSETS (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Customer Relationships
Finite-lived intangible assets
Amortization	$ 8,500	$ 10,300	$ 8,000
Finite lived intangible assets, net
Gross	63,568	63,568
Accumulated amortization	(30,733)	(22,254)
Net	32,835	41,314
Future amortization expense, by operating segment
2013	6,856
2014	5,844
2015	5,112
2016	4,397
2017	3,643
Thereafter	6,983
Net	32,835	41,314
Customer Relationships \| U.S. Wireless
Finite lived intangible assets, net
Gross	55,500	55,500
Accumulated amortization	(24,871)	(16,886)
Net	30,629	38,614
Future amortization expense, by operating segment
2013	6,442
2014	5,468
2015	4,769
2016	4,088
2017	3,367
Thereafter	6,495
Net	30,629	38,614
Customer Relationships \| U.S. Wireline
Finite lived intangible assets, net
Gross	5,040	5,040
Accumulated amortization	(5,040)	(4,969)
Net		71
Future amortization expense, by operating segment
Net		71
Customer Relationships \| Island Wireless
Finite lived intangible assets, net
Gross	3,028	3,028
Accumulated amortization	(822)	(399)
Net	2,206	2,629
Future amortization expense, by operating segment
2013	414
2014	376
2015	343
2016	309
2017	276
Thereafter	488
Net	2,206	2,629
Trade Name License
Finite lived intangible assets, net
Gross	13,817	13,817
Accumulated amortization	(1,283)	(804)
Net	12,534	13,013
Future amortization expense, by operating segment
Net	12,534	13,013
Trade Name License \| U.S. Wireless
Finite lived intangible assets, net
Gross	13,400	13,400
Accumulated amortization	(1,283)	(804)
Net	12,117	12,596
Future amortization expense, by operating segment
Net	12,117	12,596
Trade Name License \| Island Wireless
Finite lived intangible assets, net
Gross	417	417
Net	417	417
Future amortization expense, by operating segment
Net	$ 417	$ 417

LONG-TERM DEBT (Details) $ in Thousands			1 Months Ended		12 Months Ended
LONG-TERM DEBT (Details) $ in Thousands	May 18, 2012 USD ($) Item	Sep. 16, 2011	Oct. 31, 2012	May 31, 2011	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Oct. 29, 2012 USD ($)	May 02, 2011 USD ($)	Sep. 30, 2010 USD ($)
Long-term debt
Outstanding debt					$ 272,072	$ 286,021
Less: current portion					(15,680)	(25,068)
Total long-term debt					256,392	260,953
Less: debt discount					(5,492)	(3,807)
Net carrying amount					250,900	257,146
Payment of debt issuance costs					3,564	1,037	$ 4,321
Future principal repayments
2013					15,680
2014					15,900
2015					14,492
2016					14,000
2017					70,250
Thereafter					141,750
Total principal repayments					$ 272,072	286,021
Bermuda wireless operations
Long-term debt
Ownership interest held by minority shareholder (as a percent)				42.00%
Credit facility \| LIBOR
Long-term debt
Description of variable rate basis		LIBOR
Credit facility \| Base rate
Long-term debt
Description of variable rate basis		Base Rate
Credit facility \| Minimum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)		2.75%
Credit facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)		1.75%
Credit facility \| Maximum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)		4.25%
Credit facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)		3.25%
Amended Credit Facility
Long-term debt
Percentage of equity interests in certain domestic subsidiaries pledged					100.00%
Weighted-average interest rate (as a percent)					4.36%
Payment of debt issuance costs					$ 3,600
Deferred financing costs					$ 700
Amended Credit Facility \| One-week LIBOR
Long-term debt
Description of variable rate basis					One-week LIBOR
Basis spread on variable rate (as a percent)					1.50%
Amended Credit Facility \| One-month LIBOR
Long-term debt
Description of variable rate basis					One-month LIBOR
Basis spread on variable rate (as a percent)					1.50%
Amended Credit Facility \| Maximum
Long-term debt
Percentage of equity interests in certain foreign subsidiaries pledged					65.00%
Term loans
Long-term debt
Outstanding debt					$ 268,000	252,113
Future principal repayments
Total principal repayments					$ 268,000	252,113
Term loans \| Credit facility
Long-term debt
Maximum borrowing capacity										$ 275,000
Maximum aggregate additional borrowings subject to lender approval										50,000
Term loans \| Amended Credit Facility
Long-term debt
Maximum borrowing capacity	$ 275,000
Number of term loans \| Item	2
Maximum aggregate additional borrowings subject to lender approval	$ 100,000
Term Loan A-1 \| Amended Credit Facility
Long-term debt
Outstanding debt	125,000
Future principal repayments
Total principal repayments	125,000
Term Loan A-1 \| Amended Credit Facility \| LIBOR
Long-term debt
Description of variable rate basis					LIBOR
Term Loan A-1 \| Amended Credit Facility \| Base rate
Long-term debt
Description of variable rate basis					Base Rate
Term Loan A-1 \| Amended Credit Facility \| Minimum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					2.00%
Term Loan A-1 \| Amended Credit Facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					1.00%
Term Loan A-1 \| Amended Credit Facility \| Maximum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					3.50%
Term Loan A-1 \| Amended Credit Facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					2.50%
Term Loan A-2 \| Amended Credit Facility
Long-term debt
Outstanding debt	150,000
Future principal repayments
Total principal repayments	150,000
Term Loan A-2 \| Amended Credit Facility \| LIBOR
Long-term debt
Description of variable rate basis					LIBOR
Term Loan A-2 \| Amended Credit Facility \| Base rate
Long-term debt
Description of variable rate basis					Base Rate
Term Loan A-2 \| Amended Credit Facility \| Minimum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					2.50%
Term Loan A-2 \| Amended Credit Facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					1.50%
Term Loan A-2 \| Amended Credit Facility \| Maximum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					4.00%
Term Loan A-2 \| Amended Credit Facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					3.00%
Revolver loan
Long-term debt
Outstanding debt						28,156
Future principal repayments
Total principal repayments						28,156
Revolver loan \| Credit facility
Long-term debt
Maximum borrowing capacity										100,000
Revolver loan \| Amended Credit Facility
Long-term debt
Maximum borrowing capacity	100,000
Revolver loan \| Amended Credit Facility \| LIBOR
Long-term debt
Description of variable rate basis					LIBOR
Revolver loan \| Amended Credit Facility \| Base rate
Long-term debt
Description of variable rate basis					Base Rate
Revolver loan \| Amended Credit Facility \| Minimum
Long-term debt
Commitment fee (as a percent)					0.25%
Revolver loan \| Amended Credit Facility \| Minimum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					2.00%
Revolver loan \| Amended Credit Facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					1.00%
Revolver loan \| Amended Credit Facility \| Maximum
Long-term debt
Commitment fee (as a percent)					0.50%
Revolver loan \| Amended Credit Facility \| Maximum \| LIBOR
Long-term debt
Basis spread on variable rate (as a percent)					3.50%
Revolver loan \| Amended Credit Facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					2.50%
Swingline sub-facility \| Credit facility
Long-term debt
Maximum borrowing capacity										$ 10,000
Swingline sub-facility \| Credit facility \| Base rate
Long-term debt
Description of variable rate basis		Base Rate
Swingline sub-facility \| Credit facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)		1.25%
Swingline sub-facility \| Credit facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)		2.75%
Swingline sub-facility \| Amended Credit Facility
Long-term debt
Maximum borrowing capacity	$ 10,000
Swingline sub-facility \| Amended Credit Facility \| Base rate
Long-term debt
Description of variable rate basis					Base Rate
Swingline sub-facility \| Amended Credit Facility \| Minimum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					0.50%
Swingline sub-facility \| Amended Credit Facility \| Maximum \| Base rate
Long-term debt
Basis spread on variable rate (as a percent)					2.00%
Letter of credit sub-facility \| Amended Credit Facility
Long-term debt
Outstanding debt					$ 100
Maximum borrowing capacity								$ 55,000
Availability under the facility					99,900
Commitment fee (as a percent)			1.75%
Future principal repayments
Total principal repayments					100
Note Payable - Other
Long-term debt
Outstanding debt					4,072	5,752
Future principal repayments
Total principal repayments					$ 4,072	$ 5,752
Note Payable - Other \| M3 Wireless, Ltd. \| Keytech Ltd.
Long-term debt
Term loan owed to related party									$ 7,000
Effective interest rate (as a percent)									7.00%

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2012 Item	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
Total outstanding notional amount of cash flow hedges		$ 143,000
Amount to be reclassified from AOCI to interest expense in next 12 months		4,100
Derivatives designated as hedging instruments
Derivative instruments and hedging activities
Fair Value, liability derivatives		11,142	$ 11,337
Interest rate swaps \| Derivatives designated as hedging instruments
Derivative instruments and hedging activities
Additional forward-starting interest rate swaps \| Item	2
Fair Value, liability derivatives		11,142	$ 11,337
Interest rate swaps effective on September 20, 2014 \| Derivatives designated as hedging instruments
Derivative instruments and hedging activities
Notional amount of interest rate cash flow hedge derivative acquired		20,000
Expanded notional amount of interest rate cash flow hedge derivative		130,000
Interest rate swaps effective on June 30, 2017 \| Derivatives designated as hedging instruments
Derivative instruments and hedging activities
Notional amount of interest rate cash flow hedge derivative acquired		$ 100,000

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details 2) - Interest rate swaps - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Derivative instruments and hedging activities
Liability position related to credit-risk-related contingent features	$ 11,100
Termination value of derivatives with credit-risk-related contingent features	11,100
Derivative in Cash Flow Hedging Relationships
Derivative instruments and hedging activities
Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)	3,959	$ 7,816
Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	$ (4,154)	$ (4,172)

EQUITY (Details) - USD ($)	12 Months Ended
EQUITY (Details) - USD ($)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	May 31, 2008
Treasury Stock
Shares reissued from treasury under Director's Remuneration Plan			790
Number of shares of common stock repurchased	9,175	5,470	1,331
Cost of repurchased shares	$ 344,000	$ 218,000	$ 44,000
Average price of shares repurchased (in dollars per share)	$ 37.51	$ 39.90	$ 33.00
Number of Options
Exercised (in shares)	(62,575)	(51,602)	(85,500)
Stock-based compensation, additional disclosures
Weighted-average of fair value of options granted (in dollars per share)	$ 15.27	$ 13.18	$ 18.26
Aggregate intrinsic value of options exercised	$ 938,000	$ 822,000	$ 2,141,000
Cash proceeds received upon exercise of options	1,452,000	$ 1,175,000	1,653,000
Tax benefits realized upon exercise of options	$ 362,000		$ 594,000
Weighted-average assumptions using Black-Scholes option-pricing model for estimating fair value of each option granted
Risk-free interest rate (as a percent)	1.40%	2.10%	2.50%
Expected dividend yield (as a percent)	2.50%	2.70%	2.50%
Expected life	6 years 3 months	6 years 3 months	6 years 3 months
Expected volatility (as a percent)	53.00%	51.00%	50.00%
Stock options
Stock-based compensation
Vesting period	4 years
Number of Options
Granted (in shares)	64,000	146,500	172,500
Unamortized stock based compensation
Unamortized stock based compensation	$ 2,800,000
Weighted-average period for recognition of unamortized stock-based compensation cost	2 years 2 months 12 days
Stock compensation expense
Stock compensation expense	$ 1,600,000	$ 1,600,000	$ 1,100,000
Restricted Stock
Stock-based compensation
Vesting period	4 years
Unamortized stock based compensation
Unamortized stock based compensation	$ 3,000,000
Weighted-average period for recognition of unamortized stock-based compensation cost	2 years 7 months 6 days
Stock compensation expense
Stock compensation expense	$ 1,900,000	$ 1,200,000	$ 900,000
Shares
Unvested at the beginning of the period (in shares)	68,773	76,287
Granted (in shares)	72,083	22,925	64,477
Forfeited (in shares)	(1,499)
Vested and issued (in shares)	(35,504)	(30,439)
Unvested at the end of the period (in shares)	103,853	68,773	76,287
Weighted Avg. Fair Value
Unvested at the beginning of the period (in dollars per share)	$ 41.39	$ 42.10
Granted (in dollars per share)	36.93	34.64
Forfeited (in dollars per share)	38.60
Vested and issued (in dollars per share)	37.58	38.21
Unvested at the end of the period (in dollars per share)	$ 39.63	$ 41.39	$ 42.10
Share Based Plans \| Stock options
Stock-based compensation
Expiration term, one	7 years
Expiration term, two	10 years
Vesting period	4 years
Number of Options
Outstanding at the beginning of the period (in shares)	720,648	625,750
Granted (in shares)	64,000	146,500	172,500
Forfeited (in shares)	(1,625)
Exercised (in shares)	(62,575)	(51,602)
Outstanding at the end of the period (in shares)	720,448	720,648	625,750
Vested and expected to vest at the end of the period (in shares)	713,728	674,469
Exercisable at the end of the period (in shares)	453,698	409,149
Weighted Avg. Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 33.07	$ 32.17
Granted (in dollars per share)	37.36	33.29
Forfeited (in dollars per share)	32.02
Exercised (in dollars per share)	23.22	22.77
Outstanding at the end of the period (in dollars per share)	34.31	33.07	$ 32.17
Vested and expected to vest at the end of the period (in dollars per share)	34.28	32.74
Exercisable at the end of the period (in dollars per share)	$ 32.02	$ 29.44
Weighted Average Remaining Contractual Term
Outstanding	6 years 3 months 29 days	6 years 9 months 14 days
Vested and expected to vest	6 years 3 months 22 days	6 years 7 months 28 days
Exercisable	5 years 3 months 7 days	5 years 4 months 28 days
Aggregate Intrinsic Value
Outstanding	$ 3,499,252	$ 5,617,669
Vested and expected to vest	3,488,633	5,248,211
Exercisable	$ 2,987,705	$ 4,259,541
Share Based Plans \| Restricted Stock
Stock-based compensation
Vesting period	4 years
2008 Plan
Stock-based compensation
Number of shares reserved to be granted under the plan		2,000,000		1,500,000

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
INCOME TAXES (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Components of income before income taxes
Domestic									$ 73,077	$ 28,397	$ 39,958
Foreign									18,547	14,069	17,231
INCOME BEFORE INCOME TAXES	$ 28,635	$ 27,525	$ 19,746	$ 15,718	$ 7,877	$ 24,409	$ 2,370	$ 7,810	$ 91,624	$ 42,466	$ 57,189

INCOME TAXES (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
INCOME TAXES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense
Tax computed at statutory U.S. federal income tax rates									$ 32,068	$ 14,863	$ 20,050
Valuation allowance									832		5,250
Bargain purchase gain											(9,458)
Foreign tax reserve									2,359	556	(125)
State taxes									2,352	149	(21)
Research and development credit									(1,024)	(62)
Other, net									555	113	(975)
Total income tax expense	$ 14,184	$ 9,513	$ 7,979	$ 6,781	$ 4,494	$ 11,193	$ 1,052	$ 3,830	38,457	20,569	19,607
Guyana
Reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense
Income taxes in excess (below) of statutory U.S. tax rates									812	2,096	3,351
Bermuda and Turks & Caicos
Reconciliation from the tax computed at statutory income tax rates to the Company's income tax expense
Income taxes in excess (below) of statutory U.S. tax rates									$ 503	$ 2,854	$ 1,535

INCOME TAXES (Details 3) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
INCOME TAXES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current:
United States-Federal									$ 18,917	$ (19,716)	$ 6,517
United States-State									1,085	(16)	1,654
Foreign									11,099	12,721	11,784
Total current income tax expense (benefit)									31,101	(7,011)	19,955
Deferred:
United States-Federal									6,124	29,553	2,333
United States-State									1,769	197	(1,467)
Foreign									(537)	(2,170)	(1,214)
Total deferred income tax expense (benefit)									7,356	27,580	(348)
Total income tax expense	$ 14,184	$ 9,513	$ 7,979	$ 6,781	$ 4,494	$ 11,193	$ 1,052	$ 3,830	38,457	20,569	19,607
Consolidated:
United States-Federal									25,041	9,837	8,850
United States-State									2,854	181	187
Foreign									10,562	10,551	10,570
Total income tax expense	14,184	$ 9,513	$ 7,979	$ 6,781	4,494	$ 11,193	$ 1,052	$ 3,830	38,457	20,569	$ 19,607
Deferred tax assets:
Receivables reserve	4,589				4,852				4,589	4,852
Temporary differences not currently deductible for tax	12,540				9,910				12,540	9,910
Deferred compensation	1,851				1,376				1,851	1,376
Foreign tax credit carryforwards	15,395				16,755				15,395	16,755
Interest rate swap	4,457				4,535				4,457	4,535
Net operating losses	1,732				9,719				1,732	9,719
Tax credits					62					62
Pension benefits					640					640
Valuation allowance	(16,788)				(17,315)				(16,788)	(17,315)
Total deferred tax asset	23,776				30,534				23,776	30,534
Deferred tax liabilities:
Property, plant and equipment, net	58,521				55,762				58,521	55,762
Intangible assets, net	38,034				39,477				38,034	39,477
Market discount	2,280				2,280				2,280	2,280
Pension	598								598
Total deferred tax liabilities	99,433				97,519				99,433	97,519
Net deferred tax liabilities	75,657				66,985				75,657	66,985
Deferred tax assets:
Current	8,349				21,921				8,349	21,921
Total deferred tax asset	8,349				21,921				8,349	21,921
Deferred tax liabilities:
Deferred income taxes	84,006				88,906				84,006	88,906
Total deferred tax liabilities	84,006				88,906				84,006	88,906
Net deferred tax liabilities	75,657				$ 66,985				75,657	$ 66,985
State
Operating loss carryforwards
Net operating loss carryforwards	$ 15,200								$ 15,200

INCOME TAXES (Details 4) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Details 4) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Activity related to unrecognized tax benefits
Gross unrecognized tax benefits at the beginning of the period	$ 6,952	$ 6,412	$ 5,507
Increase in uncertain tax positions	3,384	590	1,030
Lapse in statute of limitations		(50)	(125)
Gross unrecognized tax benefits at the end of the period	10,336	$ 6,952	$ 6,412
Unrecognized tax benefits that would affect the effective tax rate if recognized	$ 10,300

RETIREMENT PLANS (Details) - USD ($)	12 Months Ended
RETIREMENT PLANS (Details) - USD ($)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Plan net assets:
Balance at end of year	$ 12,931,000
Pension plan assets
Fair value of plan assets	12,931,000			$ 12,931,000
Weighted-average asset allocations (as a percent)				100.00%	100.00%
Level 1
Plan net assets:
Balance at end of year	12,221,000
Pension plan assets
Fair value of plan assets	12,221,000			$ 12,221,000
Level 2
Plan net assets:
Balance at end of year	710,000
Pension plan assets
Fair value of plan assets	710,000			710,000
Cash, cash equivalents, money markets and other
Plan net assets:
Balance at end of year	10,178,000
Pension plan assets
Fair value of plan assets	10,178,000			$ 10,178,000
Weighted-average asset allocations (as a percent)				78.70%	80.30%
Cash, cash equivalents, money markets and other \| Level 1
Plan net assets:
Balance at end of year	10,178,000
Pension plan assets
Fair value of plan assets	10,178,000			$ 10,178,000
Equity securities
Plan net assets:
Balance at end of year	1,189,000
Pension plan assets
Fair value of plan assets	1,189,000			$ 1,189,000
Weighted-average asset allocations (as a percent)				9.20%	8.00%
Equity securities \| Level 1
Plan net assets:
Balance at end of year	1,189,000
Pension plan assets
Fair value of plan assets	1,189,000			$ 1,189,000
Fixed income securities
Plan net assets:
Balance at end of year	1,564,000
Pension plan assets
Fair value of plan assets	1,564,000			$ 1,564,000
Weighted-average asset allocations (as a percent)				12.10%	11.70%
Fixed income securities \| Level 1
Plan net assets:
Balance at end of year	854,000
Pension plan assets
Fair value of plan assets	854,000			$ 854,000
Fixed income securities \| Level 2
Plan net assets:
Balance at end of year	710,000
Pension plan assets
Fair value of plan assets	$ 710,000			$ 710,000
Pension plans for GT&T employees
Retirement plans
Employment period or credited service period for which participants' average salary or hourly wages is used as a base to calculate benefits	3 years
Weighted-average rates assumed in the actuarial calculations for the pension plan
Discount rate (as a percent)				6.00%	6.25%	7.00%
Annual salary increase (as a percent)				7.50%	7.50%	7.50%
Expected long-term return on plan assets (as a percent)	8.00%	8.00%	8.00%
Projected benefit obligations:
Balance at beginning of year	$ 13,355,000	$ 12,580,000
Service cost	612,000	617,000	$ 545,000
Interest cost	810,000	865,000	784,000
Benefits paid	(674,000)	(659,000)
Actuarial loss	(2,443,000)	(48,000)
Balance at end of year	11,660,000	13,355,000	12,580,000
Plan net assets:
Balance at beginning of year	11,994,000	11,736,000
Actual return on plan assets	759,000	83,000
Company contributions	853,000	834,000
Benefits paid	(674,000)	(659,000)
Balance at end of year	12,932,000	11,994,000	11,736,000
Funded status of plan
(Under) over funded status of plan				$ 1,272,000	$ (1,361,000)
Pension plan assets
Fair value of plan assets	11,994,000	11,736,000	11,736,000	12,932,000	11,994,000	$ 11,736,000
Amounts recognized on the consolidated balance sheets
Other assets				1,272,000
Other liabilities					(1,361,000)
Accumulated other comprehensive loss, net of				1,318,000	2,714,000
Amounts recognized in accumulated other comprehensive loss
Net actuarial loss				(2,918,000)	(5,390,000)
Accumulated other comprehensive loss, pre-tax				(2,918,000)	(5,390,000)
Accumulated other comprehensive loss, net of tax				(1,318,000)	$ (2,714,000)
Components of the plan's net periodic pension cost
Service cost	612,000	617,000	545,000
Interest cost	810,000	865,000	784,000
Expected return on plan assets	(972,000)	(961,000)	(835,000)
Amortization of unrecognized net actuarial loss	242,000	229,000	177,000
Amortization of prior service costs		11,000	11,000
Net periodic pension cost	$ 692,000	$ 761,000	$ 682,000
Additional disclosure
Expected contribution in 2013				754,000
Estimated Pension Benefits
2013				537,000
2014				327,000
2015				444,000
2016				522,000
2017				541,000
2018-2022				4,127,000
Total				$ 6,498,000
Pension plans for GT&T employees \| Minimum
Funded status of plan
Percentage of plan assets to be invested within Guyana	70.00%
Pension plans for GT&T employees \| Maximum
Funded status of plan
Percentage of plan assets to be invested within Guyana	80.00%

COMMITMENTS AND CONTINGENCIES (Details) - Commitment to provide domestic fixed services and international voice and data services - Guyana	12 Months Ended
	Dec. 31, 2012
Commitments and contingencies
Initial term of license	20 years
Period for optional extension of license term	20 years

COMMITMENTS AND CONTINGENCIES (Details 2) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Nov. 30, 2007	Dec. 31, 2012	Dec. 31, 2011	Feb. 17, 2010
Litigation proceedings and disputes in Guyana
Commitments and contingencies
Period for which other litigation proceedings and disputes have not been the subject of discussions or other significant activity		5 years
Lawsuit filed by CTL \| Minimum
Commitments and contingencies
Damages asserted	$ 200.0
Lawsuit filed by GT&T against Digicel
Commitments and contingencies
Punitive damages				$ 5.0
Lawsuit filed by GT&T against Digicel \| Minimum
Commitments and contingencies
Actual damages				$ 9.0
Legal claims regarding tax filings with the Guyana Revenue Authority
Commitments and contingencies
Future payments related to disputed tax assessments		$ 36.8
Legal claims regarding tax filings with the Guyana Revenue Authority \| Minimum
Commitments and contingencies
Percentage of return on investment ensured by the government of Guyana		15.00%
Contingency related to spectrum fees
Commitments and contingencies
Spectrum fees paid			$ 2.6

COMMITMENTS AND CONTINGENCIES (Details 3) $ in Thousands, ft² in Millions	12 Months Ended
	Dec. 31, 2012 USD ($) ft²	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
COMMITMENTS AND CONTINGENCIES
Area of lease (in square feet) \| ft²	1.9
Obligation for payments under leases
2013	$ 64,639
2014	56,397
2015	52,927
2016	15,956
2017	11,369
Thereafter	27,816
Total obligations under operating leases and equipment purchases	229,104
Rent expense
Rent expense	$ 57,400	$ 57,400	$ 33,300

RELATED-PARTY TRANSACTIONS (Details) - CTP $ in Millions	1 Months Ended
RELATED-PARTY TRANSACTIONS (Details) - CTP $ in Millions	Jun. 30, 2010 USD ($) Item
Related Party Transaction
Investment in exchange for controlling interest \| $	$ 3.1
Percentage of controlling interest	51.00%
Number of board of directors	3
Number of members in the board of directors designated by the entity	2
Brian A. Schuchman
Related Party Transaction
Number of members in the board of directors designated by related party	1
Ownership interest held by related party (as a percent)	49.00%

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended								12 Months Ended
SEGMENT REPORTING (Details) $ in Thousands	Dec. 31, 2012 USD ($)	Sep. 30, 2012 USD ($)	Jun. 30, 2012 USD ($)	Mar. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Sep. 30, 2011 USD ($)	Jun. 30, 2011 USD ($)	Mar. 31, 2011 USD ($)	Dec. 31, 2012 USD ($) Item	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
SEGMENT REPORTING
Number of reportable segments \| Item									4
Revenue
Revenue	$ 184,385	$ 188,798	$ 185,293	$ 182,890	$ 182,943	$ 194,346	$ 193,753	$ 188,154	$ 741,366	$ 759,196	$ 619,145
Depreciation and amortization									105,487	104,159	76,736
Non-cash stock-based compensation									3,543	3,249	2,043
Operating income (loss)	28,598	$ 29,630	$ 23,074	$ 18,159	10,939	$ 27,646	$ 6,277	$ 10,389	99,461	55,251	38,284
Segment Assets
Net fixed assets	450,547				483,203				450,547	483,203
Goodwill	45,077				45,077				45,077	45,077	44,397
Total assets	910,875				873,731				910,875	873,731
Capital Expenditures
Capital expenditures									77,421	101,401	135,688
U.S. Wireless, Retail
Revenue
Revenue									337,784	370,218	293,126
U.S. Wireless, Wholesale
Revenue
Revenue									201,938	201,993	159,807
International wireless
Revenue
Revenue									81,619	72,230	50,615
Wireline
Revenue
Revenue									84,828	84,957	84,488
Equipment and Other
Revenue
Revenue									35,197	29,798	31,109
U.S. Wireless
Revenue
Revenue									568,150	595,650	481,091
Depreciation and amortization									72,338	72,106	50,662
Non-cash stock-based compensation									220	512
Operating income (loss)									101,677	56,664	48,226
Segment Assets
Net fixed assets	262,372				296,279				262,372	296,279
Goodwill	32,148				32,148				32,148	32,148	32,148
Total assets	539,008				544,388				539,008	544,388
Capital Expenditures
Capital expenditures									45,058	67,843	88,522
U.S. Wireless \| U.S. Wireless, Retail
Revenue
Revenue									337,784	370,218	293,126
U.S. Wireless \| U.S. Wireless, Wholesale
Revenue
Revenue									201,938	201,993	159,807
U.S. Wireless \| Wireline
Revenue
Revenue									602	556	359
U.S. Wireless \| Equipment and Other
Revenue
Revenue									27,826	22,883	27,799
International Integrated Telephony
Revenue
Revenue									93,250	92,441	89,448
Depreciation and amortization									17,963	18,058	17,480
Operating income (loss)									23,203	26,734	27,371
Segment Assets
Net fixed assets	126,532				129,069				126,532	129,069
Total assets	191,314				171,676				191,314	171,676
Capital Expenditures
Capital expenditures									14,369	19,317	26,019
International Integrated Telephony \| International wireless
Revenue
Revenue									27,084	27,138	24,689
International Integrated Telephony \| Wireline
Revenue
Revenue									64,428	64,471	64,196
International Integrated Telephony \| Equipment and Other
Revenue
Revenue									1,738	832	563
Island Wireless
Revenue
Revenue									60,169	51,175	28,673
Depreciation and amortization									11,067	9,914	5,271
Operating income (loss)									(3,263)	(10,153)	(6,410)
Segment Assets
Net fixed assets	33,745				40,446				33,745	40,446
Goodwill	5,438				5,438				5,438	5,438	4,758
Total assets	77,120				84,057				77,120	84,057
Capital Expenditures
Capital expenditures									4,529	7,485	13,896
Island Wireless \| International wireless
Revenue
Revenue									54,535	45,092	25,926
Island Wireless \| Equipment and Other
Revenue
Revenue									5,634	6,083	2,747
U.S. Wireline
Revenue
Revenue									21,331	19,930	19,933
Depreciation and amortization									2,860	3,182	2,936
Non-cash stock-based compensation											10
Operating income (loss)									(2,481)	255	(288)
Segment Assets
Net fixed assets	17,489				9,126				17,489	9,126
Goodwill	7,491				7,491				7,491	7,491	7,491
Total assets	30,888				22,790				30,888	22,790
Capital Expenditures
Capital expenditures									10,508	3,336	2,050
U.S. Wireline \| Wireline
Revenue
Revenue									21,331	19,930	19,933
Reconciling Items
Revenue
Revenue									(1,534)
Depreciation and amortization									1,259	899	387
Non-cash stock-based compensation									3,324	2,766	2,034
Operating income (loss)									(19,675)	(18,249)	(30,615)
Segment Assets
Net fixed assets	10,409				8,283				10,409	8,283
Total assets	$ 72,545				$ 50,820				72,545	50,820
Capital Expenditures
Capital expenditures									2,956	$ 3,420	$ 5,201
Reconciling Items \| Wireline
Revenue
Revenue									$ (1,534)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Quarterly financial data
Total revenue	$ 184,385	$ 188,798	$ 185,293	$ 182,890	$ 182,943	$ 194,346	$ 193,753	$ 188,154	$ 741,366	$ 759,196	$ 619,145
Operating expenses	155,787	159,168	162,219	164,731	172,004	166,700	187,476	177,765	641,905	703,945	580,861
Income from operations	28,598	29,630	23,074	18,159	10,939	27,646	6,277	10,389	99,461	55,251	38,284
Other income (expense), net	37	(2,105)	(3,328)	(2,441)	(3,062)	(3,237)	(3,907)	(2,579)	(7,837)	(12,785)	18,905
INCOME BEFORE INCOME TAXES	28,635	27,525	19,746	15,718	7,877	24,409	2,370	7,810	91,624	42,466	57,189
Income taxes	14,184	9,513	7,979	6,781	4,494	11,193	1,052	3,830	38,457	20,569	19,607
NET INCOME	14,451	18,012	11,767	8,937	3,383	13,216	1,318	3,980	53,167	21,897	37,582
Net (income) loss attributable to non-controlling interests, net of tax	(1,335)	(2,047)	(1,237)	384	763	(1,880)	497	517	(4,235)	(103)	872
NET INCOME ATTRIBUTABLE TO ATLANTIC TELE-NETWORK, INC. STOCKHOLDERS	$ 13,116	$ 15,965	$ 10,530	$ 9,321	$ 4,146	$ 11,336	$ 1,815	$ 4,497	$ 48,932	$ 21,794	$ 38,454
Earnings per share (basic) (in dollars per share)	$ 0.84	$ 1.03	$ 0.68	$ 0.60	$ 0.27	$ 0.74	$ 0.12	$ 0.29	$ 3.15	$ 1.42	$ 2.51
Earnings per share (diluted) (in dollars per share)	$ 0.84	$ 1.02	$ 0.67	$ 0.60	$ 0.27	$ 0.73	$ 0.12	$ 0.29	$ 3.13	$ 1.41	$ 2.48

SUBSEQUENT EVENT (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
SUBSEQUENT EVENT (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Jan. 21, 2013
SUBSEQUENT EVENT
Revenues	$ 184,385	$ 188,798	$ 185,293	$ 182,890	$ 182,943	$ 194,346	$ 193,753	$ 188,154	$ 741,366	$ 759,196	$ 619,145
Operating income	$ 28,598	$ 29,630	$ 23,074	$ 18,159	$ 10,939	$ 27,646	$ 6,277	$ 10,389	99,461	$ 55,251	$ 38,284
Alltel Sale
SUBSEQUENT EVENT
Revenues									$ 464,400
Percentage of consolidated revenues									63.00%
Operating income									$ 41,400
Percentage of consolidated operating income									42.00%
Subsequent event \| Forecast \| Alltel Sale \| AT&T
SUBSEQUENT EVENT
Consideration for sale of operations in all-cash transaction												$ 780,000

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Movement in valuation and qualifying accounts
Balance at Beginning of Year	$ 32,654	$ 30,821	$ 15,766
Charged to Costs and Expenses	14,838	15,382	22,510
Deductions	16,151	13,549	7,455
Balance at End of Year	31,341	32,654	30,821
Valuation allowance on foreign tax credit carryforwards
Movement in valuation and qualifying accounts
Balance at Beginning of Year	16,755	16,983	11,734
Charged to Costs and Expenses			5,249
Deductions	1,359	228
Balance at End of Year	15,396	16,755	16,983
Valuation allowance on foreign net operating losses
Movement in valuation and qualifying accounts
Balance at Beginning of Year	560
Charged to Costs and Expenses	338	560
Balance at End of Year	898	560
Valuation allowance on state net operating losses
Movement in valuation and qualifying accounts
Charged to Costs and Expenses	494
Balance at End of Year	494
Allowance for doubtful accounts
Movement in valuation and qualifying accounts
Balance at Beginning of Year	15,339	13,838	4,032
Charged to Costs and Expenses	14,006	14,822	17,261
Deductions	14,792	13,321	7,455
Balance at End of Year	$ 14,553	$ 15,339	$ 13,838