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Alaska Communications Systems (ALSK)

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Last Post: 2/12/2016 2:42:14 PM - Followers: 37 - Board type: Free - Posts Today: 0
ALSK Alaska Communications Systems Group, Inc.  

Headquartered in Anchorage, Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) is a leading provider of high-speed wireless, mobile broadband, Internet, local, long-distance and advanced broadband solutions for businesses and consumers in Alaska. The Alaska Communications network includes advanced broadband and voice networks and the most diverse undersea fiber optic system connecting Alaska to the contiguous United States.

Shares outstanding: 10/19/2012 45.7 M

CONTACT Alaska Communications Systems
Worldwide - 1.888.234.9383
In Alaska - 1.907.297.3000

Transfer Agents

Computershare Trust Company, N.A. - Stock Transactions
  P.O. Box 43006
  Providence, R.I. 02840-3006
  Toll Free 877-870-2426

Bank of New York - Senior Unsecured Notes
  Michael Pitfick
  (212) 815-3036

CIBC - Bank Credit Facilities
  Michael Gewirtz
  (212) 856-3562

Pictured front: David Karp. Pictured back, left to right: Brian Ross, John Wanamaker, Margie Brown, Peter Ley, Anand Vadapalli, Ned Hayes

February 28, 2013
Alaska Communications Systems Reports Fourth Quarter and Full Year 2012 Results

- Full Year Revenue of $367.8 million, exceeded guidance -

- Full Year EBITDA of $121.8 million, exceeded guidance -

- Full year Free Cash Flow of $33.0 million, at high end of guidance -

- Full year Business and Wholesale Revenue increased 8.0% -

- De-levering continues with $19.5 million of repayments of long term debt for the year -

ANCHORAGE, Alaska--(BUSINESS WIRE)-- Alaska Communications Systems Group, Inc. ("ACS") (NASDAQ:ALSK) today reported financial results for its fourth quarter and full year ended December 31, 2012.

"We are pleased with our performance this year. We generated strong growth in business and wholesale revenues. Ending the year at the high end of guidance for free cash flow, with our debt balances declining for the first time in three years, is also an indication of our progress.

"Looking ahead, we expect continued top line growth in the business and wholesale segment, solid free cash flow performance and significant deleveraging with the successful closing of the Alaska Wireless Network ("AWN") transaction. Our investments in sales and service, product and network, and process improvements provide the platform for future growth. The AWN transaction is a defining transaction for Alaska Communications as it de-risks our wireless business, provides a predictable path for further deleveraging and builds shareholder value over time. These are all elements of our business plan in action, giving us confidence in our future.

"Growing demand for our core broadband product, the trust our customers have in the reliability of our products and network and the local service provided by our employees will drive our continued performance to our business plan," said Anand Vadapalli, president and CEO of Alaska Communications.

Financial Highlights:
Fourth Quarter 2012 Compared to Fourth Quarter 2011

    Revenues of $95.1 million increased by $7.6 million, or 8.7%, from $87.5 million in the prior year.
        Business and wholesale revenue increased by $3.7 million, or 14.0%. We benefited from a non-recurring equipment sale in the fourth quarter 2012 of $1.4 million.
        Consumer revenue increased by $0.3 million, or 2.8%.
        Wireless revenue increased by $4.9 million, or 16.2%.
        Access and CETC revenue declined, as expected by $1.3 million, or 5.9%.
        Broadband revenue as a percentage of total service revenue was 47%, compared to 42% in the prior year.
    Adjusted EBITDA of $33.3 million increased by $2.5 million, or 8.2%, from $30.8 million in the prior year.
        Cost of services and sales increased by $1.9 million, or 5.6%, which was impacted by a non-recurring equipment sale and a $0.5 increase in wireless equipment and device costs.
        Selling, general & administrative, excluding AWN transaction related costs of $1.1 million compared to $0.5 million in the prior year, increased by $2.8 million, or 12.1%, resulting primarily from increased sales and customer service costs.

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Current Price
Bid Ask Day's Range
ALSK News: Current Report Filing (8-k) 11/08/2016 05:06:54 PM
ALSK News: Quarterly Report (10-q) 11/04/2016 06:06:02 AM
ALSK News: Current Report Filing (8-k) 11/02/2016 04:07:51 PM
ALSK News: FCC Order Secures Long-Term Funding for Alaska Communications Towards Expanding Broadband Deployment 11/01/2016 04:05:00 PM
ALSK News: Alaska Communications’ Cloud Business Office Transforms the Way Alaska Businesses Communicate 10/31/2016 05:00:00 PM
#384   Picked up 750 today. Couldn't help it. masterarms 02/12/16 02:42:14 PM
#383   I think i'm gonna have to pick up masterarms 02/09/16 10:19:09 PM
#382   1 yr target $3.20 I.B.Broke 01/06/16 12:50:09 PM
#381   8k out yesterday, it was good, Imo. Looking 1990Flstf 05/08/15 05:29:01 AM
#380   52 week high today $2.29. Earnings announced May iheartweimers 04/27/15 01:08:43 PM
#379   Almost 52 week high here! 1990Flstf 04/21/15 04:57:43 AM
#378   Thomson Reuters issued a detailed stock report on iheartweimers 04/14/15 08:58:59 PM
#377   High of $1.84 today but low volume of iheartweimers 02/05/15 10:25:10 PM
#376   Very interesting read! 1990Flstf 12/09/14 10:50:52 PM
#375   Seeking Alpha positive on ALSK. iheartweimers 12/09/14 08:14:25 PM
#374   Seems there have been some serious profit taking iheartweimers 12/09/14 03:20:52 PM
#373   This has been in the works for several iheartweimers 12/05/14 10:11:56 PM
#372   VZ can write it off as a loss 1990Flstf 12/05/14 07:35:52 PM
#371   I don't know how the pricing structure differs iheartweimers 12/05/14 03:58:16 PM
#370   EOD run made me a little more $$$ :) Tdash 12/05/14 03:53:29 PM
#369   Probably made more money selling it off. Now 1990Flstf 12/05/14 03:41:46 PM
#368   I think they threw in the towel trying iheartweimers 12/05/14 01:34:35 PM
#367   No brainer here then! 1990Flstf 12/05/14 11:37:26 AM
#366   Yes, and an undersea cable back to Seattle, iheartweimers 12/05/14 11:13:52 AM
#365   Do they have fiber in the ground? 1990Flstf 12/05/14 11:12:14 AM
#364   Maybe the call at 3:00 EST today will iheartweimers 12/05/14 11:11:00 AM
#363   LOL, good luck to you. Make lots of Latinachica 12/05/14 11:09:40 AM
#362   I think the hardest part of Alaska is 1990Flstf 12/05/14 11:02:42 AM
#361   ;) europtiger 12/05/14 11:02:22 AM
#360   Lol thought u buy my Shares 1,56... U europtiger 12/05/14 11:02:09 AM
#359   I believe wireless IS the way of the 1990Flstf 12/05/14 11:01:39 AM
#358   Verizon has been moving into a strictly wireless iheartweimers 12/05/14 10:58:46 AM
#357   LOL, he has no clue about this stock. Latinachica 12/05/14 10:55:54 AM
#356   I believe so. Sold all shares @1.84 crudeoil24 12/05/14 10:52:38 AM
#355   Is Verizon the main coverage up there? 1990Flstf 12/05/14 10:49:22 AM
#354   Compete with Verizon. crudeoil24 12/05/14 10:44:20 AM
#353   So what does ALSK plan to do now? 1990Flstf 12/05/14 10:41:48 AM
#351   Why? Latinachica 12/05/14 10:24:04 AM
#349   You have no clue? Latinachica 12/05/14 10:11:24 AM
#348   Come on Sara Palin, start loading up shares! crudeoil24 12/05/14 10:08:20 AM
#347   We will See... Just my strategy ;) europtiger 12/05/14 09:51:04 AM
#346   MM's will knock out your stop loss and crudeoil24 12/05/14 09:44:35 AM
#345   I have a stop loss at 1,56 europtiger 12/05/14 09:41:58 AM
#343   OS 50 Million Shares.... Alsk Sold for 300 europtiger 12/05/14 09:35:31 AM
#341   ANCHORAGE, Alaska--(BUSINESS WIRE)--December 4, 2014--Alaska Communications Syst crudeoil24 12/05/14 09:28:49 AM
#340   LOL....Massive upside to start with! crudeoil24 12/05/14 09:26:53 AM
#339   Are you kidding. The moment the market bullrider2 12/05/14 09:00:24 AM
#338   $3+++ aetosellinas 12/05/14 08:43:27 AM
#337   ,,,,,,,I wonder what's left now MONEYMADE 12/05/14 07:43:55 AM
#336   This looks interesting here. There starting to pay ATCrunch 11/11/14 12:28:28 AM
#335   The Land behind ACS is owned by Verizon Afterlife 09/08/14 02:11:53 AM
#334   Taken from a old article on SA Afterlife 09/07/14 07:16:21 PM
#333   ALSK is in great shape, and will continue Afterlife 09/07/14 01:48:59 AM
#332   I think there is an upside. I think iheartweimers 07/07/14 04:45:27 PM
#331   It isn't meaningless if it is relevant to Seekingalphacontributor 07/07/14 04:40:30 AM