SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

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