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Alaska Communications Systems Group Inc (ALSK.OQ)

ALSK.OQ on NASDAQ Stock Exchange Global Select Market

1.51USD
7 Dec 2018
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$0.01 (+0.67%)
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Latest Key Developments (Source: Significant Developments)

Alaska Communications Qtrly Earnings Per Share $0.03
Monday, 5 Nov 2018 05:00pm EST 

Nov 5 (Reuters) - Alaska Communications Systems Group Inc ::ALASKA COMMUNICATIONS REPORTS THIRD QUARTER 2018 RESULTS.Q3 REVENUE $58.2 MILLION VERSUS $56.7 MILLION.QTRLY EARNINGS PER SHARE $0.03.SEES 2018 CAPITAL EXPENDITURES BETWEEN $37 MILLION AND $39 MILLION IS INCREASED FROM $33 MILLION TO $35 MILLION.REAFFIRMS FY 2018 TOTAL REVENUE GUIDANCE BETWEEN $225 MILLION AND $230 MILLION.  Full Article

Alaska Communications Reports Qtrly Loss Per Share $0.06
Friday, 16 Mar 2018 05:00pm EDT 

March 16 (Reuters) - Alaska Communications Systems Group Inc ::ALASKA COMMUNICATIONS REPORTS FOURTH QUARTER AND YEAR-END 2017 RESULTS.ALASKA COMMUNICATIONS SYSTEMS GROUP INC - REVENUE WAS $54.9 MILLION FOR Q4 OF 2017, COMPARED TO $57.8 IN Q4 OF 2016.ALASKA COMMUNICATIONS SYSTEMS GROUP INC - QTRLY LOSS PER SHARE $0.06.ALASKA COMMUNICATIONS SYSTEMS GROUP INC - GOING INTO 2018, CONTINUE TO FOCUS ATTENTION ON OPTIMIZING CAPITAL ALLOCATION AND COST MANAGEMENT.ALASKA COMMUNICATIONS SYSTEMS GROUP INC - TOTAL BROADBAND REVENUE WAS $28.4 MILLION FOR Q4 OF 2017, COMPARED TO $30.1 MILLION FOR Q4 OF 2016.  Full Article

Alaska Communications Enters Into Agreement With IBEW, Local Union 1547​
Tuesday, 6 Mar 2018 06:40am EST 

March 6 (Reuters) - Alaska Communications Systems Group Inc ::ALASKA COMMUNICATIONS-THROUGH UNIT ENTERED NEW COLLECTIVE BARGAINING AGREEMENT WITH INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, LOCAL UNION 1547​.ALASKA COMMUNICATIONS SYSTEMS GROUP - CBA‍​ PROVIDES FOR BASE WAGE INCREASES OF ZERO IN 2017, 1.0% IN 2018 AND 2019, 1.5% IN 2020 THROUGH 2023.ALASKA COMMUNICATIONS-CBA PROVIDES ANNUAL TARGET INCENTIVE COMPENSATION PAYMENTS OF ZERO IN 2017 THROUGH 2019, 3.0% OF BASE WAGE IN 2020 THROUGH 2023​.ALASKA COMMUNICATIONS SAYS CBA ALSO PROVIDES FOR UP TO 160 HOURS OF UNPAID FURLOUGHS IN 2018 - SEC FILING.ALASKA COMMUNICATIONS SYSTEMS GROUP - ‍ CBA PROVIDES FOR INCREASE IN CO'S SHARE OF HEALTH INSURANCE PREMIUMS IN 2018.ALASKA COMMUNICATIONS SYSTEMS GROUP - ‍ CBA PROVIDES FOR 5 PERCENT ANNUAL INCREASES IN CO'S SHARE OF HEALTH INSURANCE PREMIUMS IN 2019 THROUGH 2023​.ALASKA COMMUNICATIONS SYSTEMS GROUP - ‍CBA IS EFFECTIVE JAN 1, 2018 THROUGH DEC 31, 2023​.ALASKA COMMUNICATIONS-CBA PROVIDES FOR,ALL REPRESENTED EMPLOYEES HAVING BEEN MIGRATED TO SINGLE WAGE,PENSION CONTRIBUTION SCHEDULE EFFECTIVE OCT 2021.  Full Article

Karen Singer - To Learn That Shawn O’Donnell,Upon Information,Belief, Recently Resigned
Tuesday, 16 Jan 2018 09:17am EST 

Jan 16 (Reuters) - Alaska Communications Systems Group Inc ::KAREN SINGER - TO LEARN THAT SHAWN O’DONNELL,UPON INFORMATION,BELIEF,ONLY INDEPENDENT MEMBER OF ALASKA COMMUNICATIONS SYSTEMS BOARD, RECENTLY RESIGNED.KAREN SINGER-BELIEVES THAT SHAWN O’DONNELL MAY HAVE RESIGNED DUE TO ALASKA COMMUNICATIONS BOARD’S UNWILLINGNESS TO INCLUDE IN DECISION-MAKING PROCESSES.  Full Article

Karen Singer Believes Shareholder Value Will Be Damaged Without Changes To Alaska Communications' Board
Monday, 8 Jan 2018 06:24am EST 

Jan 8 (Reuters) - Alaska Communications Systems Group Inc ::KAREN SINGER-CONTINUES TO BELIEVE, WITHOUT SIGNIFICANT CHANGES TO ALASKA COMMUNICATIONS' BOARD,MANAGEMENT, SHAREHOLDER VALUE WILL BE SIGNIFICANTLY DAMAGED.  Full Article

Karen Singer Reports 5 Pct Stake In Alaska Communications Systems Group
Thursday, 28 Dec 2017 06:20am EST 

Dec 28 (Reuters) - Alaska Communications Systems Group Inc ::KAREN SINGER REPORTS A 5 PERCENT STAKE IN ALASKA COMMUNICATIONS SYSTEMS GROUP INC AS OF DEC 27 - SEC FILING.KAREN SINGER SAYS ATTEMPTED TO ENGAGE WITH ALASKA COMMUNICATIONS' MANAGEMENT TO DISCUSS STRATEGIC ALTERNATIVES.KAREN SINGER SAYS CERTAIN ACTIONS OF THE CEO OF ALASKA COMMUNICATIONS SYSTEMS GROUP "SHOULD WARRANT HIS TERMINATION" - SEC FILING.KAREN SINGER SAYS TO PUT UP OPPOSING SLATE AGAINST ALASKA COMMUNICATIONS' BOARD AT ANNUAL MEETING OF SHAREHOLDERS.KAREN SINGER - OFFERED TO AVOID PROXY CONTEST IF ALASKA COMMUNICATIONS MANAGEMENT HAD AGREED TO APPOINT REPRESENTATIVES TO BOARD; MANAGEMENT REFUSED.  Full Article

Alaska Communications Agreed To Terms Of New Collective Bargaining Agreement With IBEW Local Union 1547
Friday, 15 Dec 2017 04:10pm EST 

Dec 15 (Reuters) - Alaska Communications Systems Group Inc ::ALASKA COMMUNICATIONS - AGREED TO TERMS OF NEW COLLECTIVE BARGAINING AGREEMENT WITH IBEW LOCAL UNION 1547.ALASKA COMMUNICATIONS - CBA PROVIDES FOR TARGET INCENTIVE COMPENSATION PAYMENTS OF ZERO IN 2017 THROUGH 2019, 3% OF BASE WAGE IN 2020 THROUGH 2023.ALASKA COMMUNICATIONS - COLLECTIVE BARGAINING AGREEMENT PROVIDES FOR BASE WAGE RAISES OF ZERO IN 2017, 1% IN 2018 & 2019, 1.5% IN 2020 THROUGH 2023.ALASKA COMMUNICATIONS- EFFECTIVE OCT 2021, REPRESENTED EMPLOYEES TO BE MOVED TO SINGLE WAGE SCHEDULE & CONTRIBUTION LEVEL UNDER IBEW PENSION PLAN.  Full Article

Tar Holdings Reports 5.0 Percent Stake In Alaska Communications Systems Group
Friday, 15 Dec 2017 08:27am EST 

Dec 15 (Reuters) - Alaska Communications Systems Group Inc ::TAR HOLDINGS LLC REPORTS 5.0 PERCENT STAKE IN ALASKA COMMUNICATIONS SYSTEMS GROUP INC AS OF DECEMBER 15, 2017 - SEC FILING‍​.TAR HOLDINGS LLC SAYS IT IS ALSO CONSIDERING WHETHER TO SEEK REPRESENTATION ON ALASKA COMMUNICATIONS SYSTEMS GROUP'S BOARD.TAR HOLDINGS SAYS BELIEVE ALASKA COMMUNICATIONS SHOULD SELL ITSELF AND/OR SOME OF ITS ASSETS - SEC FILING.  Full Article

Alaska Communications, Ibew Local 1547 Reach New Collective Bargaining Agreement
Tuesday, 12 Dec 2017 08:05am EST 

Dec 12 (Reuters) - Alaska Communications Systems Group Inc ::ALASKA COMMUNICATIONS, IBEW LOCAL 1547 REACH NEW COLLECTIVE BARGAINING AGREEMENT.ALASKA COMMUNICATIONS - AGREED TO TERMS OF NEW BARGAINING AGREEMENT, RATIFIED DEC. 8 AND EFFECTIVE THROUGH DEC. 31, 2023.ALASKA COMMUNICATIONS SYSTEMS GROUP - ‍AGREEMENT COVERS ALL OF CO'S REPRESENTED WORKFORCE, OR ABOUT 320 EMPLOYEES IN STATE OF ALASKA​.  Full Article

Karen Singer Reports 5 Percent Passive Stake In Alaska Communications Systems As Of Dec 6
Thursday, 7 Dec 2017 03:33pm EST 

Dec 7 (Reuters) - Karen Singer :KAREN SINGER REPORTS A 5 PERCENT PASSIVE STAKE IN ALASKA COMMUNICATIONS SYSTEMS GROUP AS OF DECEMBER 6, 2017 - SEC FILING.  Full Article