ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of pro forma results of operations

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

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.

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