ALSK Alaska Communications Systems Group Inc

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

ALASKA COMMUNICATIONS SYSTEMS GROUP, INC.
(Exact name of registrant as specified in its charter)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On January 29, 2016, Alaska Communications Systems Group, Inc. closed a purchase for the retirement of $10,000,000 aggregate principal amount of its 6.25% convertible notes due 2018, for cash consideration of $9,750,000. The amount of any convertible notes to be repurchased in the future, as well as the timing of any repurchases, will be based on business, market and other conditions and factors, including price, regulatory matters, contractual requirements or consents, and capital availability.

A press release announcing the repurchase is attached hereto as Exhibit 99.1 and incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit Index

Exhibit 99.1

Alaska Communications Repurchased $10 Million of Convertible Notes

ANCHORAGE, Alaska--(BUSINESS WIRE)--February 1, 2016--Alaska Communications (NASDAQ:ALSK) announced that on January 29, 2016, the company, in privately negotiated transactions, repurchased $10.0 million aggregate principal amount of its 6.25% Convertible Notes due 2018 for cash consideration of $9.75 million. As a result of these repurchases, $94.0 million of the 6.25% Convertible Notes remain outstanding as of January 29, 2016.

"This transaction reflects the strength of our balance sheet and confidence in our business plan to create long-term shareholder value,” said Alaska Communications CEO Anand Vadapalli. “In the last year, we reduced the balance on our term loan facilities by $232.7 million, completed refinancing transactions resulting in current maturities with due dates no earlier than 2018, and repurchased a total of $20.0 million of Convertible Notes, including this most recent repurchase.”

About Alaska Communications

Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and IT managed 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.

CONTACT:
Alaska Communications
Media:
Hannah Blankenship, 907-564-1326
Hannah.Blankenship@acsalaska.com
or
Investor:
Tiffany Dunn, 907-564-7556
investors@acsalaska.com