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.

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...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Alaska Communications Systems Group, Inc. - ALSK

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the third quarter of 2020. “Our results for the third quarter reflect execution of our strategic initiatives to deliver industry-leading telecommunications products and services. Prioritizing superior customer service and fiber-based network solutions, we have established Alaska Communications as a premier provider. We continue to strengthen our fiber infrastructure,

Alaska Communications Reports Third Quarter 2020 Results

NEW YORK, Nov. 3, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) and its board of directors concerning the proposed acquisition of the company by Macquarie Capital and GCM Grosvenor....

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Alaska Communications Systems Group, Inc.

SAN DIEGO, Nov. 3, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) ("Alaska Communications" or the "Company") breached their fiduciary duties in...

(ALSK) Alert: Johnson Fistel Investigates Proposed Sale of Alaska Communications; Is $3 a Fair Price?

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) to Macquarie Capital and GCM Grosvenor for $3.00 per share in cash is fair to Alaska Communications shareholders. On behalf of Alaska Communications shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief an

Alaska Communications Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Alaska Communications Systems Group, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ALSK

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”), together with Macquarie Capital (“Macquarie”), and GCM Grosvenor (“GCM”), through its Labor Impact Fund, L.P., announced today that they have entered into a definitive agreement pursuant to which the Company will be acquired by an affiliate of Macquarie and GCM in an all cash transaction valued at approximately $300 million, including debt. The transaction wil

Alaska Communications Announces Definitive Agreement to Be Acquired by Macquarie Capital and GCM Grosvenor in $300 Million Transaction

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK), will release financial results for the third quarter 2020 after markets close Wednesday, November 4, 2020. The company will host a conference call and live webcast to discuss operating results Thursday, November 5, 2020 at 2 p.m. ET. The live webcast will include a slide presentation. There will be a live question and answer session after prepared remarks. Parties in the U.S. and Canada can access the call at 1-800-430-83

Alaska Communications to Announce Q3 2020 Financial Results November 4 and Conduct Conference Call November 5

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has surpassed 150,000 total fiber miles. “As one of the largest fiber providers in Alaska, we continue to upgrade and expand our existing fiber-based network,” said Diedre Williams, Alaska Communications senior vice president, operations.

Alaska Communications Expands Network Footprint Through Fiber Strategy

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK), has secured spectrum through the Federal Communications Commission (FCC) auction for licenses in the shared Citizens Broadband Radio Service (CBRS) band. The CBRS spectrum is used in fixed wireless applications.

Alaska Communications Secures Spectrum in Support of Fixed Wireless Broadband Deployment

Alaska Communications Systems Group's (ALSK) CEO Bill Bishop on Q2 2020 Results - Earnings Call Transcript

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the second quarter ended June 30, 2020.

Alaska Communications Reports Second Quarter 2020 Results

Alaska Communications is successfully threading the needle of growing their broadband business as fast/faster than their legacy revenues decline.

Alaska Communications: Implementing An Activist Playbook, Still Cheap

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has achieved a milestone in its broadband network expansion program, reaching over 16,000 rural Alaska residents with high-speed internet, with a goal of serving more than 32,000 rural Alaskans. The program started in 2017 and will continue through 2025.

Over 16,000 Rural Alaskans Get Access to High-speed Internet, Thanks to Alaska Communications Broadband Network Expansion

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK), will release financial results for the second quarter 2020 after markets close Wednesday, August 5, 2020. The company will host a conference call and live webcast to discuss operating results Thursday, August 6, 2020 at 2 p.m.

Alaska Communications to Announce Q2 2020 Financial Results August 5 and Conduct Conference Call August 6

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) will bring locally hosted Microsoft Azure Stack Hub cloud services to Alaska. Alaska Communications, one of Alaska’s leading broadband and IT solutions providers, has utilized Azure Stack Hub to enhance computing by offering greater flexibility and reliability. Now the team will bring local cloud solutions to the state of Alaska, which will lower the latency users experience. “We listened to our customers’ concerns about d

Alaska Communications Brings Locally Hosted Microsoft Azure Services to Alaska, Increasing Security and Improving Latency

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has been added as a member of the small-cap Russell 2000® Index and broad-market Russell 3000® Index, effective after the US market opens on June 29, as part of the 2020 Russell indexes reconstitution. The stock also was automatically added to the appropriate growth and value indexes. “Alaska Communications is pleased to join the Russell 3000 and 2000 indexes. We believe our inclusion provides greater visibility and exposu

Alaska Communications Joins Russell 2000 and 3000 Indexes

Alaska Communications Systems Group, Inc. (ALSK) CEO Bill Bishop on Q1 2020 Results - Earnings Call Transcript

American Airlines

Delta Air Lines

JetBlue Airways

Southwest Airlines

United Continental Hlds

The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers jobs until October while the industry works to overcome its biggest-ever crisis.

Major U.S. airlines accept government aid for payrolls; American also wants a loan

Alaska Communications Systems Group, Inc. (ALSK) CEO Bill Bishop on Q4 2019 Results - Earnings Call Transcript

WideOpenWest

M&A activity in the telecom space clearly is on the rise, and it should continue. If it does, these three telecom stocks could benefit.

3 Telecom Stocks That Could Look for a Merger

Alaska Communications Systems Group, Inc. (ALSK) CEO Bill Bishop on Q3 2019 Results - Earnings Call Transcript

News for Alaska Communications Systems Group, Inc. Stock (ALSK)