Alaska Communications Secures Long-Term Funding for Expanding Broadband

Business Wire11-08

Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. (Photo: ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481816720?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/h2WWDTBTuIkKEiXRdnaqzQ--~B/aD0yNzA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/c8bdf918eda035bba6327b7fff60b3ca","is_english":true,"pubTime":"2024-11-08 05:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481816720","market":"us","top_or_hot":-1,"title":"Alaska Communications Secures Long-Term Funding for Expanding Broadband","media":"Business Wire","content":"<div>\n<p>Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. (Photo: ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alaska-communications-secures-long-term-210500414.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alaska Communications Secures Long-Term Funding for Expanding Broadband</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlaska Communications Secures Long-Term Funding for Expanding Broadband\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 05:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alaska-communications-secures-long-term-210500414.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. (Photo: ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alaska-communications-secures-long-term-210500414.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATNI","symbol_name":"大西洋电讯","start_time":0,"source_url":"https://finance.yahoo.com/news/alaska-communications-secures-long-term-210500414.html","article_id":"2481816720","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/h2WWDTBTuIkKEiXRdnaqzQ--~B/aD0yNzA7dz00ODA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/c8bdf918eda035bba6327b7fff60b3ca"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481816720","pubTimestamp":1731013500,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. . ANCHORAGE, Alaska, November 07, 2024----Rural Alaskans will continue to have access to affordable, reliable, high-speed internet thanks to a Nov. 4 order issued by the Federal Communications Commission .\"Alaska Communications is pleased to reach this important milestone with the FCC, setting the stage for continued deployment of affordable, reliable, high-speed broadband in our rural communities. We know how critical broadband is for education, healthcare, economic development and quality of life,\" said Matt McConnell, Alaska Communications president and CEO. \"We thank the FCC, along with Senator Murkowski, Senator Sullivan and Congresswoman Peltola for their support in bringing this much-needed financial support to our state.\". The ACF is the next phase of the High Cost program and will support upg","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ATNI":"大西洋电讯","BK4115":"综合电信业务","WRD":"文远知行"},"translate_title":"阿拉斯加通信公司获得扩大宽带的长期资金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WRD":1,"ATNI":0.9},"content_text":"Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. (Photo: Business Wire)\n \n\n\n\n\n\nANCHORAGE, Alaska, November 07, 2024--(BUSINESS WIRE)--Rural Alaskans will continue to have access to affordable, reliable, high-speed internet thanks to a Nov. 4 order issued by the Federal Communications Commission (FCC).\nThe order establishes the Alaska Connect Fund (\"ACF\"), which will provide Alaska Communications with increased federal Universal Service Fund support starting January 1, 2025, through Dec. 31, 2028. The Fund will allow Alaska Communications to continue deployment and operation of broadband across its service areas. Beginning January 1, 2029, the Alaska Connect Fund will provide ongoing support through the end of 2034 for the operation and maintenance of deployed broadband and voice networks throughout the state. The amount of support and eligible locations for the second phase of funding will be determined by FCC staff and will take into consideration broadband deployment funded through the Broadband Equity Access and Deployment (\"BEAD\") Program in Alaska. The State of Alaska received over $1 billion in BEAD funding, which will be distributed by the Alaska Broadband Office.\n\"Alaska Communications is pleased to reach this important milestone with the FCC, setting the stage for continued deployment of affordable, reliable, high-speed broadband in our rural communities. We know how critical broadband is for education, healthcare, economic development and quality of life,\" said Matt McConnell, Alaska Communications president and CEO. \"We thank the FCC, along with Senator Murkowski, Senator Sullivan and Congresswoman Peltola for their support in bringing this much-needed financial support to our state.\"\nIn 2017, Alaska Communications started participating in the FCC’s Connect America Fund Phase II High Cost universal service program in Alaska. Since that time, the company has deployed affordable, reliable, high-speed internet to nearly 30,000 locations in Alaska, including Coffman Cove, Delta Junction, Homer, Hope, Hoonah, Kake, Kasilof, Kenai, Klawock, Larsen Bay, Ninilchik, North Kenai, North Pole, Seldovia, Soldotna and Sterling.\nThe ACF is the next phase of the High Cost program and will support upgraded speeds and continued broadband deployment in these communities.\nAbout Alaska Communications\nAlaska Communications, an affiliate of ATN International, Inc. (NASDAQ: ATNI), is the leading provider of mission and life-critical communications infrastructure in Alaska. The company operates a robust and advanced statewide fiber network and a highly diverse undersea fiber optic system that connects Alaska to the contiguous U.S. For additional information, visit www.AlaskaCommunications.com.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241107792614/en/\nContacts\nMedia Contact Heather MarronManager, Corporate CommunicationsHeather.Marron@acsalaska.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481816720"}