ALSK Alaska Communications Systems Group Inc.

Alaska Communications Comments on Schedule 13D Filing by Karen Singer Group

Alaska Communications (NASDAQ: ALSK) today issued the following statement in response to the Schedule 13D filed by Karen Singer and TAR Holdings LLC, a limited liability company for which Ms. Singer is the sole member:

Alaska Communications welcomes the opinions of its shareholders, maintains open dialogue with its shareholders and values constructive input toward enhancing value. Alaska Communications has engaged in various discussions with representatives of Ms. Singer and expects to continue a constructive dialogue.

Alaska Communications’ Board and management team regularly review the company’s strategic priorities and opportunities, and assess a variety of strategic options. We are committed to enhancing value for all shareholders. Alaska Communications has a track record of taking action to create significant value and will continue to evaluate shareholder input, assess opportunities and make decisions to further achieve this important objective in an orderly manner that benefits all shareholders.

About Alaska Communications Systems

Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S. For more information, visit www.alaskacommunications.com or www.alsk.com.

Forward-Looking Statements

This press release includes certain “forward-looking statements,” as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s beliefs as well as on a number of assumptions concerning future events made using information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside the Company’s control. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the Company’s SEC filings, including, but not limited to, the sections entitled “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of the Company’s SEC filings may be obtained by contacting its investor relations department at (907) 564-7556 or by visiting its investor relations website at www.alsk.com.

EN
15/12/2017

Underlying

Reports on Alaska Communications Systems Group Inc.

 PRESS RELEASE

Alaska Communications Reaches Agreement with TAR Holdings

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications (NASDAQ: ALSK), the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska, today announced that it has entered into a cooperation agreement with TAR Holdings LLC and its affiliates, which, in the aggregate, beneficially own approximately 4.97% of Alaska Communications’ outstanding common shares. Under the terms of the cooperation agreement, the Alaska Communications Board of Directors has appointed two new independent directors, ...

 PRESS RELEASE

Alaska Communications Reports First Quarter 2018 Results

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the first quarter of 2018. “Our first quarter performance met our expectations and creates the foundation to achieve our annual goals. Our revenue decline for the quarter is attributable to compression in our health care vertical. The cost control measures we proactively put in place mitigated the impacts of this revenue compression resulting in stable Adjusted EBITDA performance for the quarter. ...

 PRESS RELEASE

Alaska Communications to Announce Q1 2018 Financial Results May 9 and ...

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications (NASDAQ:ALSK) today announced it will release financial results for the first quarter 2018 Wednesday, May 9, 2018. The company will host a conference call and live webcast to discuss operating results Thursday, May 10, 2018 at 2:00 p.m. Eastern Daylight Time. The live webcast will include a slide presentation. On the call, the management team will answer questions submitted in advance. Please email questions to [email protected]. Parties in the U.S. and Canada c...

 PRESS RELEASE

Alaska Communications Reports Fourth Quarter and Year-End 2017 Results

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for its fourth quarter and full year ended Dec. 31, 2017. “The results for 2017 reflect year over year stability in our top-line performance. Revenue stability combined with tight management of operating and capital expenditures enabled us to generate $8.1 million in free cash flow, which was above our guidance for the year. Our full year revenue performance was driven by growth in broadband,...

 PRESS RELEASE

Alaska Communications to Announce Q4 and Full Year 2017 Financial Resu...

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications (NASDAQ:ALSK) today announced it will release financial results for the fourth quarter and year end 2017 Friday, Mar. 16, 2018. The company will host a conference call and live webcast to discuss operating results Monday, Mar. 19, 2018 at 2:30 p.m. Eastern Time. The live webcast will include a slide presentation. On the call, the management team will answer questions submitted in advance. Please email questions to [email protected]. Parties in the U.S. and Canad...

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