Press Releases


  • ANNUAL GENERAL MEETING

    August 16, 2017

    NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of One Communications Ltd. (Company) will be held at 30 Victoria Street, Hamilton, Bermuda on Thursday 21 September, 2017 at 9:00a.m. for the following purposes: AGENDA 1. Confirmation of Notice. 2. Chairman’s Remarks. 3. To receive the financial statements of the Company for the period from 3 May, 2016 to 31 December, 2016 and the auditor’s report thereon. 4. To fix the number of Directors at seven (7) for the ensuing year. 5. To elect the following individuals as Directors to serve until the conclusion of the next...

  • ONE COMMUNICATIONS LTD. REPORTS EARNINGS COMPANY RECOGNIZES RESULTS OF STRATEGIC TRANSACTIONS

    August 15, 2017

    Financial Highlights for the period of May 3, 2016 to December 31, 2016: Revenues: $86.0 million, $68.6 million in Bermuda and $17.4 million in Cayman Operating income: $4.4 million Earnings per share: $0.05 August 15, 2017 One Communications Ltd. today announced audited results for the period beginning May 3, 2016 and ending December 31, 2016. Operating income was $4.4 million and net income was $2.1 million. Earnings before interest, depreciation, amortization and one time charges for the period were $21.1 million. Consolidated revenue for the period was $86.0 million and operating expenses were $81.7 million, which included one-time transaction related...

  • April 26, 2017, ATN International, Inc. disclosed updated financial results

    April 27, 2017

    On April 26, 2017, ATN International, Inc. disclosed updated financial results for itself and its controlled subsidiaries, including One Communications Ltd. (the “Company”).  These results can be found at http://ir.atni.com/financials.cfm and may include updated financial information about the Company.  The Company plans to file its December 31, 2016 year end report on or before June 30, 2017, as required by Bermuda Stock Exchange regulations.

  • February 22, 2017, ATN International, Inc. disclosed updated financial results

    February 23, 2017

    On February 22, 2017, ATN International, Inc. disclosed updated financial results for itself and its controlled subsidiaries, including One Communications Ltd. (the “Company”).  These results can be found at http://ir.atni.com/financials.cfm and may include updated financial information about the Company.  The Company plans to file its December 31, 2016 six month report on or before June 30, 2017, as required by Bermuda Stock Exchange regulations.

  • KeyTech Limited is now One Communications Ltd.

    February 14, 2017

    We are pleased to announce that KeyTech Limited (the “Company”) has changed its name to “One Communications Ltd.” effective 14 February 2017.  This change was recommended by the Board of Directors at the Company’s Annual General Meeting on 15 November 2016 and approved by shareholders through a subsequent written resolution. The Company’s name change complements the recent rebranding of all services provided by its main operating subsidiaries in Bermuda – Logic Communications Ltd. and Bermuda Digital Communications Ltd., both of which now trade as One Communications. One Communications has recently announced more than $20 million in infrastructure investments to support...

  • KEYTECH REPORTS EARNINGS COMPANY RECOGNIZES RESULTS OF STRATEGIC TRANSACTIONS

    December 14, 2016

    Six Month September 30, 2016 Financial Highlights: • Revenues: $61.1 million, compared to $46.0 million in the prior year • Operating profits: $8.0 million, compared to loss of $1.7 million in the prior year • Earnings per share $0.64, an increase of $0.61 per share December 14, 2016 The KeyTech Group of Companies today announced unaudited results for the six months ended September 30, 2016. For the period the consolidated profit from operations was $8.0 million. Earnings before interest, depreciation, amortization and one time charges for the period was $17.0 million compared with $9.5 million for the six month period...

  • November 9, 2016, ATN International, Inc. disclosed updated financial results

    November 10, 2016

    On November 9, 2016, ATN International, Inc. disclosed updated financial results for itself and its controlled subsidiaries, including KeyTech Limited (the “Company”).  These results can be found at http://ir.atni.com/financials.cfm and may include updated financial information about the Company.  The Company plans to file its September 30, 2016 six month report on or before December 31, 2016, as required by Bermuda Stock Exchange regulations.

  • August 9, 2016, ATN International, Inc. disclosed updated financial results

    August 9, 2016

    Today, ATN International, Inc. disclosed updated financial results for itself and its controlled subsidiaries, including KeyTech Limited. These results can be found at ir.atni.com and may include updated financial information about the Company. The Company plans to file its March 31, 2016 annual financial report by 30 th September, 2016, as required by Bermuda Stock Exchange regulations.

  • KeyTech Limited and CellOne Create New Full Service Telecommunications Offering

    May 4, 2016

    • Residential and Business Customers Get Enhanced Options and Value Pricing • New Capital Means Accelerated Investment in Bermuda and Cayman • Company will be Led by CellOne CEO Frank Amaral KeyTech Limited (“KeyTech”) and CellOne, a subsidiary of Atlantic Tele-Network, Inc. (“ATN”), announced today that the agreement to combine businesses has closed. The transaction, originally announced in October 2015, brings together CellOne’s premier mobile services and network with KeyTech’s Logic and Cablevision brands that provide extensive broadband Internet, telephone and video services. Together, the group will more efficiently deliver mobile, fixed and international telecommunication services across Bermuda. The group...

  • KeyTech Reports Earnings -Company Repositions as Full-Service Telecommunications Provider in Bermuda and Cayman and Strengthens Infrastructure-

    July 29, 2015

    The KeyTech Group of Companies today announces a total comprehensive loss from continuing operations of $1.9 million for the year ending March 31, 2015, compared with $1.7 million in the previous year. Net loss for the year from continuing operations was $15.9 million versus $2.1 million in the prior year. A loss of $18.6 million was attributed to the difference between proceeds from the sale and recorded net assets of BTC. “The last year was one of strategic positioning and growth for the company,” said KeyTech CEO Lloyd Fray. “KeyTech has positioned itself to offer robust triple-play services and corporate...

  • KeyTech Subsidiary Acquires Bermuda CableVision Shares -Bermuda CableVision to Merge with Logic-

    July 16, 2015

    The KeyTech Group of Companies today announces that its subsidiary has acquired 100 per cent of the issued shares of Bermuda CableVision. This will allow CableVision to be merged with Logic Communications Ltd. (“Logic”). Lloyd Fray, CEO, KeyTech Group of Companies, says: “This is a significant transaction for KeyTech and we are incredibly excited to be announcing this news today. The transaction positions Logic for future growth as it brings together Bermuda’s premier ISP and cable access providers. In order for these companies to meet growing consumer demand for high bandwidth products, one bill, and to expedite capital intensive projects...

  • KeyTech Six Month Earnings Report for Period Ended September 30, 2014

    March 24, 2015

    The KeyTech Group of Companies today announced a loss of $19.9 million for the six month period ended September 30, 2014, compared with earnings of $6.4 million for the same period in the prior year. The loss was related to the sale of BTC. KeyTech CEO, Lloyd Fray commented: “During the six month period ended September 30th, 2014, KeyTech was focused on the ongoing transformation of its operating entities. The telecommunications markets in Bermuda and Cayman were both faced with technological obsolescence and competitive pricing pressure. The Group’s subsidiaries and associates were also subject to constraints imposed by the Bermuda...

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