Alaska Communications Comments on Letter from 22NW Fund, LP
October 05 2018 - 8:56PM
Business Wire
Alaska Communications (NASDAQ: ALSK), a leading provider of
broadband and managed IT services for customers in Alaska and
beyond, today commented on the open letter issued by 22NW Fund,
LP.
Alaska Communications issued the following statement:
Alaska Communications strives to maintain
constructive, ongoing communications with its shareholders and
welcomes and values their input toward the shared goal of enhancing
value. In this spirit, our Board will carefully evaluate 22NW’s
letter and looks forward to further constructive dialogue with
22NW.
We remain committed to running a quality
business that allows us to retain our talent, fosters trust with
our customers, and enables us to win in the market. We have also
been very clear and consistent that we are open to considering all
opportunities to create and unlock shareholder value.
Our Board of Directors is committed to acting
in the best interests of Alaska Communications shareholders. They
are well-advised and regularly consider strategic and value
creation alternatives with the assistance of nationally-recognized
financial and legal advisors.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20181005005539/en/
Alaska CommunicationsMedia Contact:Heather Cavanaugh,
907-564-7722Director, External Affairs and Corporate
CommunicationsHeather.Cavanaugh@acsalaska.comorInvestor
Contact:Tiffany Smith, 907-564-7556Manager, Board and Investor
Relationsinvestors@acsalaska.com
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