William F. Kreisher Joins Atlantic Tele-Network Executive Team

    SALEM, MASS., August 6 /CNW/ - Atlantic Tele-Network, Inc. (NASDAQ:  ATNI)
today announced the appointment of William F. Kreisher as Senior Vice
President, Corporate Development. Mr. Kreisher will join the Company later
this month and will report to Michael T. Prior, President and Chief Executive

    Mr. Kreisher has been Vice President--Corporate Development at AT&T
Mobility (formerly Cingular Wireless) since 2004 and had been part of
Cingular's corporate development team since the company's formation. Prior to
Cingular, Mr. Kreisher was at Bell South for five years where he served as
Director of Finance and Chief Financial Officer of Bell South's broadband and
video division and as a senior manager in the company's mergers and
acquisitions group. Mr. Kreisher is a twenty-year veteran of the
telecommunications industry, having also worked with MCI Telecommunications
and Equant.

    "Bill is a strong addition to our management team," said Michael Prior.
"As a telecommunications holding company, our transactional capability is
critical to our long term success. We have been able to grow nicely over the
last few years and we have high aspirations for the future. Adding Bill to our
team goes a long way towards improving our chances of meeting those
expectations. Bill has had great success with AT&T Mobility, which has a very
active and well-regarded transactional track record. His proven ability to
thrive in that environment was a great attraction to us at the company as we
look to further our development and growth. We are delighted to welcome him

    A native New Englander, Mr. Kreisher holds a Masters in Business
Administration from Fordham University and a Bachelor of Arts degree from the
Catholic University of America.

    About Atlantic Tele-Network

    Atlantic Tele-Network, Inc. (NASDAQ:   ATNI) is a telecommunications
company with corporate offices in Salem, Massachusetts and St. Thomas, U.S.
Virgin Islands. Its principal subsidiaries include: Guyana Telephone and
Telegraph Company, Limited, which is the national telephone service provider
in the Cooperative Republic of Guyana for all local, long-distance and
international service, as well as the largest cellular service provider;
Commnet Wireless, LLC, which provides voice and data wireless roaming services
for U.S. and International carriers in rural areas throughout the United
States; Sovernet, Inc., which provides wireline voice and data services to
businesses and homes in Northern New England; and Choice Communications, LLC,
which provides wireless television and wireless broadband services in the
United States Virgin Islands. ATN also owns 43% of Bermuda Digital
Communications Ltd., which, under the Cellular One name, is the largest
provider of wireless voice and data services in Bermuda.

    Cautionary Language Concerning Forward Looking Statements

    This news release contains forward-looking statements relating to, among
other matters, the expected contribution of the Company's new Senior Vice
President - Corporate Development to the Company's future operating
performance and the future financial performance and results of operations of
the Company. These forward-looking statements are based on estimates,
projections, beliefs, and assumptions and are not guarantees of future events
or results. Actual future events and results could differ materially from the
events and results indicated in these statements as a result of many factors,
including, among others, (1) the ability to successfully integrate Mr.
Kreisher into the Company's management team and business operations; (2)
significant political and regulatory risk facing our exclusive license to
provide local exchange and long distance telephone services in Guyana; (3) any
significant decline in the price or volume of international long distance
calls to Guyana; (4) increased competition affecting our businesses; (5) the
regulation of rates that GT&T may charge for local wireline telephone service;
(6) significant tax disputes between GT&T and the Guyanese tax authorities;
(7) the derivation of a significant portion of our U.S. wireless revenue from
a small number of customers; (8) our ability to maintain favorable roaming
arrangements, including the rates Commnet charges its wholesale customers; (9)
economic, political and other risks facing our foreign political operations;
(10) regulatory changes affecting our businesses; (11) rapid and significant
technological changes in the telecommunications industry; (12) our reliance on
a limited number of key suppliers and vendors for timely supply of equipment
and services relating to our network infrastructure; (13) any loss of any key
members of management; (14) the adequacy and expansion capabilities of our
network capacity and consumer service system to support our customer growth;
(15) dependence of our wireless and wireline revenues on the reliability and
performance of our network infrastructure; (16) the occurrence of severe
weather and natural catastrophes; (17) the possible reduction of our economic
interest in our Bermuda affiliate in 2008; and (18) our ability to realize the
value that we believe exists in businesses that we acquire. These and other
additional factors that may cause actual future events and results to differ
materially from the events and results indicated in the forward-looking
statements above are set forth more fully under Item 1A "Risk Factors" of the
Company's Annual Report on Form 10-K for the year ended December 31, 2006,
which is on file with the SEC. The Company undertakes no obligation to update
these forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors that may affect such forward-looking

For further information:

For further information: Atlantic Tele-Network, Inc. Michael T. Prior,
978-619-1300 President and Chief Executive Officer

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