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Atlantic Tele-Network Sets Date to Report Second Quarter Results; Investor Conference Call Scheduled

Atlantic Tele-Network, Inc. (NASDAQ: ATNI) announced today that it will report results for the second quarter ended June 30, 2006 on Thursday, August 3, 2006, at approximately 4:30 p.m. Eastern time (ET).

In addition, the Company will host a conference call to discuss its second quarter results with investors at 9:00 a.m. (ET) on Friday, August 4, 2006. Dial-in information for the conference call is as follows:

<<

Call Date: August 4, 2006

Call Time: 9:00 a.m. (ET)

Call Dial-in: 800-289-0518 (US/Canada)

913-981-5532 (International)

Call Passcode: 1732450

>>

A replay of the conference call will be available as follows:

<<

Replay Dates: August 4, 2006, 11:00 a.m. (ET) until

August 9, 2006, 11:59 p.m. (ET)

Replay Dial-in: 888-203-1112 (US/Canada)

719-457-0820 (International)

Replay Passcode: 1732450

>>

About Atlantic Tele-Network

Atlantic Tele-Network, Inc. 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 across Vermont; and Choice Communications, LLC, which provides wireless television and wireless broadband services, as well as dial-up internet services in the United States Virgin Islands. The Company also owns 44% of Bermuda Digital Communications Ltd., which, under the Cellular One name, is the largest provider of cellular voice and data services in Bermuda.

For further information: Atlantic Tele-Network, Inc. Michael T. Prior, 978-619-1300 or Justin D. Benincasa, 978-619-1300

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