Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) Files An 8-K Other Events

Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) Files An 8-K Other Events

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Item8.01

Other Events.

On April14, 2017, Alaska Communications Systems Group, Inc. (the
Company) issued a press release (the Press Release) announcing
the expiration and final results of the Companys previously
announced offer to purchase (the Tender Offer) for cash any and
all of its outstanding 6.25% Convertible Notes due 2018 (the
Notes).

The Tender Offer expired at 12:00 midnight, New York City time,
on April14, 2017 (one minute after 11:59 p.m., New York City
time, on April13, 2017). As of the expiration of the Tender
Offer, $83,956,000 aggregate principal amount of the Notes,
representing approximately 89.31% of the outstanding Notes, were
validly tendered and not validly withdrawn to the Tender Offer.
The Company accepted for purchase all Notes that were validly
tendered and not validly withdrawn to the Tender Offer at the
expiration of the Tender Offer at a purchase price equal to
$1,037.50 per $1,000 principal amount of Notes (plus accrued and
unpaid interest on such Notes, if any, up to but not including
the settlement date). The Company settled the Tender Offer on
April17, 2017 and paid an aggregate consideration for the
tendered Notes of approximately $89,523,915 (including applicable
accrued and unpaid interest). After such settlement,
approximately $10,044,000 aggregate principal amount of the Notes
remain outstanding.

A copy of the Press Release is attached to this Current Report on
Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

Item9.01 Financial Statements and Exhibits

Exhibit No.

99.1 Press Release, dated April14, 2017.

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About Alaska Communications Systems Group, Inc. (NASDAQ:ALSK)

Alaska Communications Systems Group, Inc. is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system. It serves customers in various areas, such as Business and Wholesale (broadband, voice and managed IT services); Consumer (broadband and voice services), and Other Services (including carrier termination, equipment sales, access services and support services receiving federal support funding). It provides voice and broadband services to residential customers. It provides voice and broadband origination and termination services to inter and intrastate carriers serving its retail customers.

Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) Recent Trading Information

Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) closed its last trading session 00.00 at 2.15 with 502,270 shares trading hands.

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