Alaska Communications Systems Group, Inc.

ACS provides an extensive, secure, and reliable network for cloud-enabled IT services statewide. Alaska Communications Systems Group, Inc. (ACS) provides integrated communications services in Alaska. The Company's wireline and wireless communications networks extend throughout Alaska and connect to the Lower 48 states via its two diverse undersea fiber optic cable systems. The Company operates through two business segments: Wireline and Wireless. The Wireline segment provides communications services, including voice, data, broadband, multi-protocol label switching (MPLS) services, network access, long-distance and other services to consumers, carriers, businesses and enterprises, and government customers throughout Alaska and to and from Alaska. The Wireless segment provides wireless voice and data service and products and other value-added services and equipment sales across Alaska.

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ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications, a leading connectivity solutions provider to the Alaska consumer and business markets, is pleased to welcome industry leader Jeff Vogt as chief operating officer. Vogt will report to President and CEO Matt McConnell and will be responsible for the company's cross-functional operations, strategic direction, and transformation initiatives, with particular focus on delivering a best-in-class customer experience, driving enterprise innovati.

Industry Veteran Jeff Vogt joins Alaska Communications as Chief Operating Officer

ANCHORAGE, Alaska--(BUSINESS WIRE)--Through capital investments and innovative technologies, Alaska Communications is doubling down on its focus to provide Alaskans with broadband solutions that meet the demands of today's fast-paced world. Since 2017, the broadband provider has deployed high-speed internet to more than 25,000 unserved or underserved locations, through the CAF II program. In 2023, it brought affordable, reliable, high-speed internet to new locations in Delta Junction, Fairbanks.

More Than 25,000 Alaskans Get Access to High-Speed Internet Thanks to Alaska Communications

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications president and CEO, Bill Bishop, died June 13. He died peacefully at home surrounded by his wife and children. Originally from North Pole, Bishop joined Alaska Communications 19 years ago, serving in a variety of sales and executive roles. “On behalf of myself and the entire Alaska Communications Board and management team at ATN, I offer my, and our, condolences and deepest sympathies to Bill's family, and to his friends and colleagues,”.

Alaska Communications Announces Death of President and CEO, Bill Bishop

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) is bringing the speed Alaskans need with its new service, AKXinternet. AKXinternet is a mesh fixed wireless solution offering 1 gigabit download speeds and up to 100 Mbps upload speeds. The service offers unlimited data through a tiered speed model, with options starting at 100 Mbps. This service is now available in select Anchorage neighborhoods. The company will expand to more locations in Anchorage, Fairbanks, Juneau an

Alaska Communications Debuts New Internet Service Offering 1 Gigabit Speeds

Cambium (CMBM) partners with Alaska Communications to bolster the rollout of multi-gigabit fixed wireless connectivity on the back of its 60 GHz cnWave equipment and Terragraph mesh technology.

Cambium (CMBM), Alaska Communications Deploy Multi-Gigabit Service

Cambium Networks Corp

ROLLING MEADOWS, Ill., July 15, 2021 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that  Alaska Communications is deploying multi-gigabit  60 GHz cnWave ™ fixed wireless equipment enabled by Terragraph mesh functionality to connect business and residential subscribers.

Alaska Communications Delivers Gigabit Speed Service with Fixed Wireless Access Technology from Cambium Networks

ANCHORAGE, Alaska--(BUSINESS WIRE)--Help is on the way for Alaskans struggling to afford broadband. Alaska Communications (NASDAQ: ALSK) will participate in the Emergency Broadband Benefit Program, which will help households struggling financially during the pandemic. The Federal Communications Commission recently established the Emergency Broadband Benefit Program using COVID-19 relief funds. The program will give eligible Alaska households a discount on broadband service of up to $75 a month.

Alaska Communications Extends Safety Net to Alaskans Impacted by Pandemic

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the first quarter of 2021. “We are pleased with our first quarter 2021 results, showing revenue growth year over year in business and wholesale, consumer and regulatory. Total broadband revenues increased 4.4% year over year, and growth revenues continued to outpace declining legacy revenues. Our fiber footprint and market opportunities continue to increase. In April

Alaska Communications Reports First Quarter 2021 Results

ATN International

Alaska Communications Systems Group Inc (NASDAQ: ALSK) announced shareholder approval certifying the previously announced merger agreement between Alaska and a newly formed entity created by ATN International Inc (NASDAQ: ATNI) and ATN's financial partner Freedom 3 Capital, LLC.  The merger will lead to Alaska Communications becoming a consolidated, majority-owned, and operated subsidiary of ATN.

Alaska Communications Stockholders Approve ATN International Merger

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the fourth quarter and year ended December 31, 2020. “We are pleased with our strong financial performance for 2020, driven by broadband growth and increased customer cloud infrastructure during this unprecedented year. We are proud of our team and their continued exemplary customer service to our communities, particularly the education and healthcare areas. During 2

Alaska Communications Reports Fourth Quarter and Year-end 2020 Results

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced that, based on the preliminary voting results from a special meeting of stockholders held on Friday, March 12, 2021, Alaska Communications' stockholders have approved the adoption of the previously announced merger agreement relating to the proposed transaction between Alaska Communications and a newly formed entity created by ATN International, Inc.

Alaska Communications Stockholders Approve Merger with ATN International, Inc.

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) is bringing its fastest ever speeds to Alaskans with the launch of Xtreme Internet℠. Beginning this spring, Alaska Communications will offer up to 1 Gig speeds to select residential locations. “We're investing in our network to meet the needs of Alaskans,” said Bill Bishop, president and CEO of Alaska Communications. “We're bringing more speed, more reliability and more choices, all at a great, low price. Xtreme Internet w

Alaska Communications' Xtreme Internet to Bring Speeds up to 1 Gig in Select Locations

ANCHORAGE, Alaska--(BUSINESS WIRE)--In a year where access to internet connectivity became even more necessary, Alaska Communications (NASDAQ: ALSK) expanded broadband service by more than 3,700 locations in underserved areas of Alaska during 2020. This expansion is funded in part through the Federal Communications Commission (FCC) Connect America Fund Phase II (CAF II) program. In 2020 alone, Alaska Communications launched or expanded high-speed service available to homes and businesses in Del

Alaska Communications Expands Broadband to Underserved Locations in Rural Alaska

NEW YORK, Jan. 5, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Alaska Communications Systems Group, Inc. ("ALSK" or the "Company") (NASDAQ: ALSK) in connection with the proposed acquisition...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Alaska Communications Systems Group, Inc.

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) announced it entered into a definitive agreement pursuant to which it will be acquired by a newly formed entity owned by ATN International, Inc. (NASDAQ: ATNI). These are the details.

Why ATN International (ATNI) Is Buying Alaska Communications Systems (ALSK) For About $332 Million

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced today that on December 31, 2020 it entered into a definitive agreement pursuant to which the Company will be acquired by a newly formed entity owned by ATN International, Inc. (NASDAQ: ATNI) (“ATN”) and Freedom 3 Capital, LLC (“FC3”) in an all cash transaction valued at approximately $332 million, including net debt. The merger will result in Alaska C

Alaska Communications Announces Definitive Agreement to Be Acquired by ATN International, Inc. in a $332 Million Transaction; Merger Agreement with Macquarie Capital and GCM Grosvenor Has Been Terminated

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) today announced that it has received an acquisition proposal from a third party (the “Superior Proposal Bidder”) at $3.40 per share, which the Company's Board of Directors (the “Board”) has determined constitutes a “Superior Proposal” (as defined in the previously announced amended and restated agreement and plan of merger, as amended, with affiliates of Macqua

Alaska Communications Announces Receipt of Superior Proposal

GCM Grosvenor Inc

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”), together with Macquarie Capital (“Macquarie Capital”) and GCM Grosvenor (NASDAQ: GCMG), through its Labor Impact Fund, L.P. (“GCM”), today announced that on December 21, 2020, they agreed to an amendment of their previously announced definitive amended and restated agreement and plan of merger to increase the per-share consideration payable to Alaska Communica

Alaska Communications Announces Amendment of Amended & Restated Merger Agreement with Macquarie Capital and GCM Grosvenor to Increase Consideration to $3.26 per Share

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”), together with Macquarie Capital (“Macquarie Capital”) and GCM Grosvenor (NASDAQ: GCMG), through its Labor Impact Fund, L.P. (“GCM”), today announced that they have agreed to an amendment and restatement of their previously announced definitive agreement and plan of merger to increase the per-share consideration payable to Alaska Communications' stockholders to

Alaska Communications Announces Entry into Amended and Restated Merger Agreement with Macquarie Capital and GCM Grosvenor to Increase Consideration to $3.20 per Share

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) today announced that the 30-day “go-shop” period set forth in the previously announced definitive agreement and plan of merger with affiliates of Macquarie Capital (“Macquarie”) and GCM Grosvenor (“GCM”), through its Labor Impact Fund, L.P. (the “ Macquarie/GCM Merger Agreement”) expired at 11:59 p.m. on December 3, 2020 and also announced that it has received

Alaska Communications Announces Expiration of “Go-Shop” Period, Receipt of Superior Proposal and Qualification of Excluded Parties

Altice USA

Cincinnati Bell

Charter Communications

Consolidated Communications Holdings

Lumen Technologies

Otelco

Shenandoah Telecommunications

Telephone and Data Systems

Uniti Group

Earlier this month, Alaska Communications accepted a roughly $300 million all-cash takeover bid from a joint venture of Macquarie Capital and GCM Grosvenor. At $3 per share, that's a massive premium of 60 percent plus to the fiber broadband company's pre-deal trading range.

Telephone And Data Systems: The Next M&A Target

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Alaska Communications Systems Group, Inc. (NasdaqGS: ALSK) to an affiliate of Macquarie Capital and GCM Grosvenor. Under the terms of the proposed transaction, shareholders of Alaska Communications will receive only $3.00 in cash for each share of Alaska Communications that they own. KSF is seeking to determin

ALASKA COMMUNICATIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Alaska Communications Systems Group, Inc. - ALSK

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has completed major network upgrades to its subsea Northstar fiber line, increasing capacity by more than five times. “Despite the pandemic, our engineers and network teams have been working diligently to expand and improve our network to bring high-speed broadband and IT services to customers,” said Diedre Williams, senior vice president, operations. Network improvements to Northstar were completed last month. Upgrades to

Network Upgrades Bring Five Times More Capacity to Alaska Communications' Subsea Fiber

Alaska Communications Systems Group, Inc. (ALSK) CEO Bill Bishop on Q3 2020 Results - Earnings Call Transcript

NEW YORK, Nov. 5, 2020 /PRNewswire/-- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Alaska Communications Systems Group, Inc.. ("Alaska" or the...

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