The Maritime Telecommunications Network (MTN) subsidiary of ATC Teleports Inc. has purchased the C-band satellite communications assets of a competitor, CruisePhone, which is in financial reorganization under the U.S. Bankruptcy Court in New York.

MTN, which is headquartered in Miramar, Fla., said it paid about $1 million for the assets.

Under the purchase agreement, MTN will transfer the accounts of four cruise liners and an offshore drilling support ship to its system and will provide all five vessels with C- band satellite communications.

“We look forward to serving these new customers and expanding our state-of-the-art C-band maritime telecommunications,” said Bradford Briggs, senior vice president and general manager of MTN. “We are also very pleased to be able to introduce MTN’s latest ShipNet technology, which allows high-speed Internet connectivity…through the installation of Internet cafés with our partner Digital Seas International.” ATC Teleports is a subsidiary of American Tower Corp. [AMT] of Boston.