Key Developments: Alaska Communications Systems Group Inc (ALSK.O)

ALSK.O on Nasdaq

1.37USD
30 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Alaska Communications Systems Group Inc reaffirms FY 2014 guidance-conference call
Wednesday, 1 Oct 2014 02:25am EDT 

Alaska Communications Systems Group Inc:Expects FY 2014 revenue of about $310 mln.Expects FY 2014 adjusted EBITDA of about $90 mln.FY 2014 revenue of $311 mln, EBITDA of $91.8 mln - Thomson Reuters I/B/E/S.  Full Article

Alaska Communications Systems Group Inc reaffirms FY 2014 outlook
Wednesday, 6 Aug 2014 05:00pm EDT 

Alaska Communications Systems Group Inc:Expects FY 2014 revenue of about $310 mln.Expects FY 2014 adjusted EBITDA of about $90 mln.FY 2014 revenue of $308 mln, EBITDA of $92 mln - Thomson Reuters I/B/E/S.  Full Article

Alaska Communications Systems Group Inc reaffirms FY 2014 guidance
Thursday, 8 May 2014 05:00pm EDT 

Alaska Communications Systems Group Inc:Reaffirms guidance for FY 2014.Expects FY 2014 revenue to be about $310 million.Expects FY 2014 adjusted EBITDA to be about $90 million.FY 2014 revenue of $306 million and EBITDA of $89 million - Thomson Reuters I/B/E/S.  Full Article

Alaska Communications Systems Group Inc gives FY 2014 guidance; revenue guidance above analysts' estimates
Thursday, 6 Mar 2014 04:05pm EST 

Alaska Communications Systems Group Inc:FY 2014 revenue is expected to be about $310 million.FY 2014 adjusted EBITDA is expected to be about $90 million.FY 2014 revenue of $289 million and EBITDA of $90 million - Thomson Reuters I/B/E/S.  Full Article

Alaska Communications Systems Group Inc Reaffirms FY 2013 Guidance
Wednesday, 6 Nov 2013 04:05pm EST 

Alaska Communications Systems Group Inc announced that for fiscal 2013, it expects total revenue guidance is unchanged and expected to be $340-$350 million and adjusted EBITDA guidance is unchanged and expected to be $105-$110 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $343 million and EBITDA of $108 million for fiscal 2013.  Full Article

Alaska Communications Systems Group Inc Issues FY 2013 Guidance; Revenue Guidance Below Analysts' Estimates
Thursday, 1 Aug 2013 04:05pm EDT 

Alaska Communications Systems Group Inc announced that for fiscal 2013, it expects total revenue to be $340-$350 million and EBITDA to be $105-$110 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $351 million and EBITDA of $107 million for fiscal 2013.  Full Article

Alaska Communications Systems Group Inc And General Communication Inc Announce Closing Of Alaska Wireless Network, LLC
Tuesday, 23 Jul 2013 08:55am EDT 

Alaska Communications Systems Group Inc and General Communication Inc (GCI) announced the companies have completed the previously announced transaction to form The Alaska Wireless Network, LLC (AWN). Alaska Communications and GCI, a wireless providers in Alaska, have each contributed their respective wireless assets, including spectrum licenses, cell sites, backhaul facility usage rights, and other assets necessary for AWN to design, build, and operate a statewide wireless network. From the start, AWN`s network will cover more of Alaska`s population than the network of any other wireless provider. AWN will provide the latest wireless services, including LTE, to its owners, Alaska Communications and GCI. Alaska Communications and GCI will independently sell these services to their respective retail customers and continue to operate as competitors in Alaska. Under the transaction, Alaska Communications owns one third and GCI owns two thirds of AWN. Under the terms of the agreement, Alaska Communications will receive $100 million cash and is eligible to receive preferred distributions totaling up to $190 million over the first four years of operation. GCI will receive all remaining available distributions over the first four years. Distributions thereafter will be on a pro rata ownership basis. Evercore acted as financial advisor to Alaska Communications, with The Stephens Group providing an additional fairness opinion.  Full Article

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