-

Alaska Communications Joins Russell 2000 and 3000 Indexes

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has been added as a member of the small-cap Russell 2000® Index and broad-market Russell 3000® Index, effective after the US market opens on June 29, as part of the 2020 Russell indexes reconstitution. The stock also was automatically added to the appropriate growth and value indexes.

“Alaska Communications is pleased to join the Russell 3000 and 2000 indexes. We believe our inclusion provides greater visibility and exposure to investors,” said Bill Bishop, Alaska Communications president and CEO.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About Alaska Communications

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.

Contacts

Investor Contact:
Tiffany Smith, 907-564-7556
Manager, Board and Investor Relations
investors@acsalaska.com

Media Contact:
Heather Cavanaugh, 907-564-7722
Director, External Affairs and Corporate Communications

Industry:

Alaska Communications

NASDAQ:ALSK
Release Versions
English

Contacts

Investor Contact:
Tiffany Smith, 907-564-7556
Manager, Board and Investor Relations
investors@acsalaska.com

Media Contact:
Heather Cavanaugh, 907-564-7722
Director, External Affairs and Corporate Communications

More News From Alaska Communications

Alaska Communications Welcomes John Sims to Board of Directors

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications is pleased to announce the appointment of John Sims, President of ENSTAR Natural Gas Company, to its Board of Directors. Born and raised in Eagle River, Sims brings deep Alaska roots and a lifelong commitment to serving the unique needs of Alaskans. His extensive leadership experience, including nearly two decades at ENSTAR, reflects a proven ability to guide organizations through growth and challenges while keeping community at the fore...

Alaska Communications Adds Best-in-Class Managed Wi-Fi to Its Small Business Solutions

ANCHORAGE, Alaska--(BUSINESS WIRE)--As part of its continued effort to help Alaska’s small businesses thrive, Alaska Communications (ACS) has added a best-in-class, secure managed Wi-Fi solution, purpose-built to meet small business connectivity needs, to its portfolio with ACS SmartBiz. ACS is the first provider in Alaska to launch Wi-Fi 7, delivering speeds up to four times faster than Wi-Fi 6, significantly lower latency, and more devices seamlessly connecting at the same time. The SmartBiz...

Alaska Communications Completes Key Upgrades on Northstar Submarine Fiberoptic Cable Keeping Alaskans Reliably Connected

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications has completed important network upgrades extending the life of one of Alaska’s critical communication links. Alaska Communications owns and operates two submarine fiberoptic cables connecting Alaska with the contiguous United States: Northstar and AKORN. This upgrade included replacing Northstar’s power feed equipment (PFE) units in three locations across Alaska and Oregon with new hardware. “This upgrade is an investment in the future o...
Back to Newsroom