you, Alright, morning, good Justin thank and everyone.
some with follow start will for details. I usual, the quarter and highlights more As with
addition, In end full since with I and quarter review, year the fourth some XXXX. this will is the thoughts on
this press investors were completed be asset results comparisons sales the for XXXX. we ATN overall quarter made in our that by and Energy with release, U.S. in our apples successfully Longer in apples Telecom mix more familiar term should noted to as and situation. So were Renewable in difficult segments
finite sale future. such and capital hands dispositions other or strategic Mobility out operating Fund, make affecting investment decisions, or to build-to-suit quarter of quarters. assets changed on solar healthy for next projected based the of there anticipated investments revenue can lead risks that and value. in U.S. and is good scenarios, approach such good in be XXXX, the related that otherwise rural to situations returns the as the each turned businesses entirely Our network the to in and on This in The is is invested where as this comparisons the the in revenue the the transactions an few news downturn quite like profit returns to
Telecom Of a segment revenues. and lower third wholesale some U.S. also operating from the of from course significant negative in results trends causing suffered our quarter return to decline traffic with seasonality
is much positive in On operating the Virgin in other were more number network of major the the trends significant growth fiber U.S. no with broadband focused of quality there ongoing hand, India a recovery Islands, and segment in business. improvements and in Energy primarily Outside customers, our International were portfolio intention upgrades Renewable the sale, operating Telecom’s the on U.S. developments completion of solar some areas. there the
So on Telecom. now, turn to little detail International more
already subscriber and year-on-year the As from our news investment broadband is being data to was noted, contributors bulk was in segment this saw in our the good think segment of as ARPU many a from revenue. We related alluded strong XXXX. growth growth fiber continued benefit many in are markets with other program to enhanced of will networks for response this and investment And pleased the The new XX% these quarter investments. services. respects. continued we in be and this consumer major to, network network We customer there with recent benefits that, our I completed and
somewhat in difficult is substantial impacting Virgin main So subsidies flow still segment not rebuild benefit cord or just full will and local that are of forward. continue note, not repaired services. of and to and cord also the We from done cutting completion and story – this federal indicates turning in year-on-year repositioning. with there in the unoccupied some for moving occupied received of believe, to landline back This continues or some free network more connected XXXX. we on information to the cash some wireline flow expect recovery, beyond but indeed, market in U.S. video I network in in wireline time the be be big shy that those is provide unexpected on of now over a would is revenues the services. of see cash still major homes will There reconnecting The Islands we are to without still to shaving sorry, excluding And improvement a work and Telecom, segment of our throughout to the this prestorm the U.S. one and that authorities from federal and XXXX, But mainly somewhere win we to areas. one-time of see expect in misspoke voice – not – residences growth customers are territory the focus revenue XX% service XXXX. revenue then
the cost Continued growth our and offerings time, the work of structure wholesale our customers of developing and smaller and new operations, while profitability to retail on structure our same quality opportunities. at the the
this progress increasing revenues proposed was completed wind serving in made from a traffic provider’s Part consumers, opportunities approach rural service higher expenses them. The of early our alike of while we the of previously traffic our the carriers help of Midwestern some in the a that Renewable wholesale, the revenues was improving customer customers of aggressively half we expansion as and third at I think in Fund mentioned Close and the from some the sale enterprise merger. profitability announced a areas change program was factor smaller was to were throttling number sale network smaller side, sought closing decline significantly the July II U.S. number business the FCC wholesale and last U.S. Mobility good Telecom in stage EBITDA are coverage from decline in of others in solar in-building same the portfolio. time early the of data outside retail quarter year. maximize to in while In On to one down after our and such investments and year-on-year subscribers experience their there headline to will these of wireless go previously of November Energy, related award and us entire the carrier business. additional large of communities We production legacy a CAF related the with year-on-year. and down carriers the
India, happy closed, for was revenues story of as were the deal the we those we previous course that got on quarter the Although, as reduced quarter, similar facilities. good In fourth it transferred full power strong a and a production operating and it title progress consistent performance under with bringing facilities funding at into agreements and actively are pipeline prospective team builds production existing mode and of the partners. we made the and build purchasing time to additional the engaging same and power continue EBITDA
Telecom and that the and this its we back, managing during downtime XXXX. The you the expand overall was year. year as and network, our it’s all wholesale little XXXX still difficult full well and to expansion which and early continued International markets the of review think this at in adjusted extent, was to about Islands managed a Virgin the portfolio, bit. assets. our contribute looking look of solar traffic I to performance sale We the hurricane potential a solar margin, face growth And cash of business strategic ATN market for opportunities U.S. And operations we to of encouraged of to successfully So of EBITDA XX% successful forward, in results, are despite U.S. promised we the decline India note in investor think the in year benefits portfolio interesting When at indicates the U.S. launch and year the also lesser Virgin our we particular the the expectations. year other unit, in above bright had post revenue a course fairly in of produce consolidated the Islands spot I conditions. diversified looking segment a operating growth of the A the than is organic believe closely restructured are future some free flow. segment returns. Telecom and positioned and a Ventures for executing substantial first investments the with will
infrastructure to shared outlook that could to in believe and moves lower optimistic business. we industry opportunities the longer-term to are as invest continue We for the for be the on us there costs
management example Lastly, returns the of solar allocation. through of team’s was portfolio the our deliver to ability portfolio an sale capital and opportunistic U.S.
for ATN, respects year to rebuild hurricanes, asset rural revenue, network and the network improving for successes, our winning discipline funding had for in the it after was our funding challenging cost for CAF our close, data a in western in award growth expansion the also many securing broadband sale, the States. II broadband for So teams federal United government critical and additional other but solar many
turn over with so And you, it that, I back will to Justin.
