Exhibit 99.2

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION

The following unaudited pro forma condensed consolidated financial information has been prepared by the Company and gives pro forma effect to the completion of Initial Closing of the Company’s Tower Sale Transaction with Everest. Capitalized terms used and not defined herein shall have the meanings ascribed to them in the Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on June 3, 2026. The Company, through its subsidiaries, the Commnet Parties, completed the Initial Closing of the Tower Sale Transaction with Everest, on June 2, 2026, pursuant to which Everest purchased certain tower portfolio sites in the southwestern United States. At the Initial Closing the Company received cash payment of $267.7 million. This amount consists of $255.7 million recorded as sale consideration as well as $12.0 million received at the Initial Closing and recorded as deferred pending the Company’s achievement of certain conditions on Managed Sites subsequent to the Initial Closing. The Transaction Agreement contemplates Subsequent Closings at which one or more Managed Sites or Deferred Sites will be transferred to Everest when and if certain site conditions are met. The Company can receive additional payments of up to $29.8 million if these site conditions are met. The unaudited pro forma condensed consolidated financial information does not include any impact related to Subsequent Closings. The Tower Sale Transaction does not qualify as a discontinued operation because the disposition does not represent a strategic shift that has a major effect on the Company’s operations and financial results.

In addition, in connection with the Tower Sale Transaction, the Company entered into a Consent with CoBank requiring the Company to repay amounts outstanding under the Company’s Revolving Loan.

The following unaudited pro forma condensed consolidated financial information is provided for informational purposes only. The information is not necessarily indicative of what the financial position or results of operations of the Company would have been if the Tower Sale Transaction had been completed as of and for the periods indicated. In addition, the information does not purport to project the future financial position or operating results of the Company.

The unaudited pro forma condensed consolidated financial information is based on financial statements prepared in accordance with accounting principles generally accepted in the United States of America. In addition, the information is based upon available information and a number of assumptions that the Company considers to be reasonable, and have been made solely for purposes of developing such unaudited pro forma condensed consolidated financial information for illustrative purposes in compliance with the disclosure requirements of Article 11 of Regulation S-X.

The unaudited pro forma condensed consolidated statements of operations give effect to the Initial Closing of the Tower Sale Transaction as if it had occurred on January 1, 2025. The unaudited pro forma condensed consolidated balance sheet gives effect to the Initial Closing of the Tower Sale Transaction as if it had been consummated on March 31, 2026. You should read this unaudited pro forma financial information in connection with the accompanying notes to the unaudited pro forma condensed consolidated financial information and the historical financial statements of the Company filed with the SEC.

Pro forma adjustments related to the unaudited pro forma condensed consolidated statements of operations give effect to certain events that are (i) directly attributable to the Tower Sale Transaction, (ii) factually supportable and (iii) expected to have a continuing impact on the Company’s results. Pro forma adjustments related to the unaudited pro forma condensed consolidated balance sheet give effect to events that are directly attributable to the Initial Closing of the Tower Sale Transaction, and that are factually supportable regardless of whether they have a continuing impact or are non-recurring.

The pro forma adjustments are preliminary and have been made solely for the purpose of providing unaudited pro forma financial information and amounts may change based on a final determination of the book value of assets, liabilities, and other closing date adjustment amounts. The Company is still in the process of evaluating the tax implications of the Tower Sale Transaction on its consolidated tax provision. Thus, the final loss may differ in material respects from that presented in the unaudited pro forma financial information.

Unaudited Pro Forma Condensed Balance Sheet
March 31, 2026
(Amounts in Thousands)

	ATN			Tower Sale Transaction			Note 3	Pro Forma Adjustments			Note 3	Pro Forma
Assets
Cash and cash equivalents	$	108,831		$	-			$	212,213		(b), (c)	$	321,044
Restricted cash		14,659			-				-				14,659
Short-term investments		396			-				-				396
Accounts receivable, net		86,311			-				-				86,311
Government grant receivable		37,464			-				-				37,464
Customer receivable		9,365			-				-				9,365
Inventory, materials and supplies		14,123			-				-				14,123
Prepayments and other current assets		55,376			-				-				55,376
Assets held for sale		8,600			-				-				8,600
Total current assets		335,125			-				212,213				547,338

Fixed assets, net		954,823			-				-				954,823
Telecommunications licenses, net		105,486			-				-				105,486
Goodwill		4,835			-				-				4,835
Inangible assets, net		7,035			-				-				7,035
Operating lease right-of-use assets		92,206			-				-				92,206
Customer receivable - long term		32,333			-				-				32,333
Assets held for sale, net of current portion		39,313			(34,434	)	(a)		-				4,879
Other assets		103,497			-				-				103,497
Total assets	$	1,674,653		$	(34,434	)		$	212,213			$	1,852,432

Liabilities, mezzanine equity and stockholders' equity
Current portion of long-term debt	$	21,623		$	-			$	-			$	21,623
Current portion of customer receivable credit facility		8,892			-				-				8,892
Accounts payable and accrued liabilities		177,506			-				6,760		(e)		184,266
Dividends payable		4,230			-				-				4,230
Accrued taxes		11,306			-				45,562		(b)		56,868
Current portion of lease liabilities		14,095			-				-				14,095
Advanced payments and deposits		37,993			-				12,000		(b)		49,993
Liabilities held for sale		1,250			(1,151	)	(a)		-				99
Total current liabilities		276,895			(1,151	)			64,322				340,066

Deferred income taxes		711			-				9,326		(b)		10,037
Lease liabilities, excluding current portion		70,935			-				-				70,935
Deferred revenue, long-term		45,469			-				-				45,469
Liabilities held for sale, net of current portion		6,101			(6,085	)	(a)		-				16
Other liabilities		63,502			-				-				63,502
Customer receivable credit facility, net of current portion		28,513			-				-				28,513
Long term debt, excluding current portion		548,537			-				(55,456	)	(c)		493,081
Total liabilities		1,040,663			(7,236	)			18,192				1,051,619

Mezzanine Equity
Preferred units		73,414			-				-				73,414
Common units		15,001			-				-				15,001
Total mezzanine equity		88,415			-				-				88,415

Common stock		183			-				-				183
Treasury stock		(105,046	)		-				-				(105,046	)
Additional paid-in capital		221,936			-				-				221,936
Retained earnings		300,744			(27,198	)	(a)		174,877		(b)		448,423
Accumulated other comprehensive income		15,762			-				-				15,762
Total stockholders' equity		433,579			(27,198	)			174,877				581,258
Non-controlling interests		111,996			-				19,144		(b)		131,140
Total equity		545,575			(27,198	)			194,021				712,398
Total liabilities, mezzanine equity and stockholders' equity	$	1,674,653		$	(34,434	)		$	212,213			$	1,852,432

Unaudited Pro Forma Condensed Statement of Operations
Three months ended March 31, 2026
(Amounts in Thousands, Except Per Share Data)

	ATN			Tower Sale Transaction			Note 3	Pro Forma Adjustments		Note 3	Pro Forma
Revenue:
Communication Services	$	178,458		$	(1,418	)	(a)	$	-		$	177,040
Construction		-			-				-			-
Other		3,761			-				-			3,761
Total revenues		182,219			(1,418	)			-			180,801

Operating expenses (excluding depreciation and amortization unless otherwise indicated):
Cost of communication services and other		77,426			1,443		(a)		-			78,869
Cost of construction revenue		-			-				-			-
Selling, general and administrative		56,176			-				-			56,176
Stock-based compensation		1,935			-				-			1,935
Transaction-related charges		833			(773	)	(e)		-			60
Restructuring and reorganization expenses		1,725			-				-			1,725
Depreciation and amortization		31,156			(820	)	(a)		-			30,336
Amortization of intangibles from acquisitions		496			-				-			496
Loss on disposition of long-lived assets		782			-				-			782

Operating expenses		170,529			(150	)			-			170,379

Income (loss) from operations		11,690			(1,268	)			-			10,422

Other income (expense)
Interest income		132			-				-			132
Interest expense		(10,478	)		-				896	(c)		(9,582	)
Other income, net		(3,232	)		-				-			(3,232	)

Other income (expense)		(13,578	)		-				896			(12,682	)

Income (loss) before income taxes		(1,888	)		(1,268	)			896			(2,260	)
Income tax expense (benefit)		1,586			(317	)	(d)		224	(d)		1,493

Net income (loss)		(3,474	)		(951	)			672			(3,753	)

Net loss attributable to non-controlling interests, net of tax		677			54		(a)		-			731

Net income (loss) after non-controlling interest	$	(2,797	)	$	(897	)		$	672		$	(3,022	)

Net loss per weighted average share attributable to ATN International, Inc. stockholders:
Basic	$	(0.29	)								$	(0.30	)
Diluted	$	(0.29	)								$	(0.30	)

Weighted average common shares outstanding:
Basic		15,283										15,283
Diluted		15,283										15,283

Unaudited Pro Forma Condensed Statement of Operations
Twelve months ended December 31, 2025
(Amounts in Thousands, Except Per Share Data)

	ATN			Tower Sale Transaction			Note 3	Pro Forma Adjustments		Note 3	Pro Forma
Revenue:
Communication Services	$	706,239		$	(5,672	)	(a)	$	-		$	700,567
Construction		4,825			-							4,825
Other		16,911			-				-			16,911

Total revenues		727,975			(5,672	)			-			722,303

Operating expenses (excluding depreciation and amortization unless otherwise indicated):
Cost of communication services and other		313,128			5,771		(a)		-			318,899
Cost of construction revenue		5,264			-				-			5,264
Selling, general and administrative		219,540			-				-			219,540
Stock-based compensation		8,543			-				-			8,543
Transaction-related charges		3,576			(1,388	)	(e)		-			2,188
Restructuring and reorganization expenses		10,157							-			10,157
Depreciation and amortization		132,976			(4,922	)	(a)		-			128,054
Amortization of intangibles from acquisitions		4,908			-				-			4,908
Loss on disposition of long-lived assets		1,449			-				-			1,449

Operating expenses		699,541			(539	)			-			699,002

Income (loss) from operations		28,434			(5,133	)			-			23,301

Other income (expense)
Interest Income		702			-				-			702
Interest Expense		(47,822	)		-				4,998	(c)		(42,824	)
Other income (expense), net		(9,067	)		-				-			(9,067	)

Other income (expense)		(56,187	)		-				4,998			(51,189	)

Income (loss) before income taxes		(27,753	)		(5,133	)			4,998			(27,888	)
Income tax expense (benefit)		(4,231	)		(1,283	)	(d)		1,250	(d)		(4,264	)

Net income (loss)		(23,522	)		(3,850	)			3,748			(23,624	)

Net loss attributable to non-controlling interests, net of tax		8,616			220		(a)		-			8,836

Net income (loss) attributable to stockholders	$	(14,906	)	$	(3,630	)		$	3,748		$	(14,788	)

Net loss per weighted average share attributable to ATN International, Inc. stockholders:
Basic	$	(1.38	)								$	(1.37	)
Diluted	$	(1.38	)								$	(1.37	)

Weighted average common shares outstanding:
Basic		15,218										15,218
Diluted		15,218										15,218

Notes to Unaudited Pro Forma Condensed Consolidated Financial Information
(Amounts In Thousands, Except Per Share Data)

Note 1. Basis of Presentation

The unaudited pro forma condensed consolidated financial information is derived from the Company’s historical audited consolidated financial statements as of and for the year ended December 31, 2025, included in our Annual Report on Form 10-K for the year ended December 31, 2025 and the Company’s unaudited quarterly condensed consolidated financial statements as of and for the three months ended March 31, 2026, included in our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026.

Note 2. Preliminary Purchase Price Allocation

On June 2, 2026, the Company completed the Initial Closing of the Tower Sale Transaction and sold a portion of its Tower Portfolio to Everest for cash payments of $267.7 million. This amount consists of $255.7 million recorded as sale consideration as well as $12.0 million received at the Initial Closing that will be deferred pending the Company’s achievement of certain conditions on Managed Sites subsequent to the Initial Closing. The Transaction Agreement contemplates Subsequent Closings at which one or more Managed Sites or Deferred Sites will be transferred to Everest when and if certain site conditions are met. The Company can receive additional payments of up to $29.8 million if these site conditions are met. The net book value of the assets and liabilities being transferred is $27.2 million, as of March 31, 2026. The Company incurred $8.9 million of transaction related charges pertaining to legal, accounting and consulting services associated with the Tower Sale Transaction. The fixed assets disposed had useful lives of between 6 and 15 years. The table below identifies the assets and liabilities transferred:

Consideration received	$	255,669

Assets disposed:
Fixed assets		28,679
Other assets		1,159
Operating leases		4,595
Current portion of lease liabilities		(1,152	)
Other liabilities		(2,883	)
Lease liabilities, excluding current portion		(3,200	)
Net assets disposed		27,198

Gain on sale of assets		228,471

Tranaction costs:
Incurred prior to March 31, 2026		2,160
Accrued in pro forma results		6,760
Total		8,920

Gain on sale after transaction costs	$	219,551

Note 3. Pro Forma Adjustments

The following is a summary of the pro forma adjustments reflected in the unaudited pro forma condensed consolidated financial statements based on preliminary estimates, which may change as additional information is obtained:

(a)

Disposition – This adjustment removes the disposed assets and the associated revenue and expense. Refer to Note 2 for the assets and liabilities disposed. The adjustment to retained earnings represents the net book value of the assets disposed.

(b)

Purchase Price – The Company received $267.7 million of cash payments consisting of $255.7 million of cash consideration and a deferral of $12.0 million related to the achievement of certain closing conditions on Managed Sites after the Initial Closing. As a result of the disposition, the pro forma financials reflect a gain of $228.5 million before income taxes and transaction costs. In addition, the pro forma results include tax expense of $54.9 million, consisting of $45.6 million of current and $9.3 of deferred income tax expense, and gains allocated to non-controlling interest of $19.1 million. These amounts were not included in the unaudited pro forma condensed consolidated statement of operations for the year ended December 31, 2025, due to their non-recurring nature, but have been recorded in the unaudited pro forma condensed consolidated balance sheet as of March 31, 2026. The adjustment to retained earnings reflects consideration received less tax expense and income allocated to non-controlling interests. The Company is currently evaluating the tax impact of the Tower Sale Transaction, and tax accruals may not be the actual amount of taxes paid by the Company.

(c)

Credit Facility Repayment – The Company paid $67.9 million on its Revolving Loan at the Initial Closing, and this adjustment represents the repayment of $55.5 million that was outstanding as at March 31, 2026. In addition, interest expense on the Revolving Loan is removed from the pro forma condensed consolidated statement of operations.

(d)

Income taxes –This adjustment reflects the tax expense associated with the Initial Closing of the Tower Sale Transaction and pro forma adjustments. The adjustment is calculated based on a blended federal statutory and state tax rate of 25%.

(e)

Transaction-related charges – This adjustment removes expenses pertaining to legal, accounting and consulting services associated with the Tower Sale Transaction incurred prior to March 31, 2026 from the pro forma condensed consolidated statement of operations and accrues such expenses payable at the Initial Closing of the Tower Sale Transaction in the pro forma condensed consolidated balance sheet.