Alaska Communications.

• Author: Slaten, Russ
• Position: INSIDE ALASKA BUSINESS - General Communication Inc - Alaska Communications Systems Group Inc - Brief article

Alaska Communications System Group, Inc. and General Communication, Inc. (GCI) have signed definitive agreements for Alaska Communications to sell its wireless subscriber base and its 33 percent interest in its partnership in the Alaska Wireless Network LLC (AWN) to GCI for $300 million.

Under the terms of the agreements and upon close GCI will assume Alaska Communications' wireless subscriber base; services will be uninterrupted and will continue to operate statewide and nationally; GCI will purchase Alaska Communications' 33 percent interest in AWN and will then own 100 percent of AWN.

As of September 30, 2014, Alaska Communications had approximately 109,000 wireless customers. The two companies have agreed upon a service...