More Than 25,000 Alaskans Get Access to High-Speed Internet Thanks to Alaska Communications
January 30 2024 - 10:00AM
Business Wire
Through capital investments and innovative technologies, Alaska
Communications is doubling down on its focus to provide Alaskans
with broadband solutions that meet the demands of today’s
fast-paced world.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240130813623/en/
An Alaska Communications technician
installs service. (Photo: Business Wire)
Since 2017, the broadband provider has deployed high-speed
internet to more than 25,000 unserved or underserved locations,
through the CAF II program. In 2023, it brought affordable,
reliable, high-speed internet to new locations in Delta Junction,
Fairbanks, Nenana, North Pole, Salcha, Nikiski, Anchor Point,
Homer, Soldotna and Ninilchik, offering speeds up to 50 Mbps.
“One of the reasons I joined Alaska Communications is because of
the tremendous opportunity we have to improve Alaskans’ lives by
providing affordable, reliable broadband,” said Matt McConnell,
Alaska Communications president and CEO. “It’s hard to imagine life
without reliable internet, but for many Alaskans, especially in
rural areas, it has been the status quo. We look forward to
continued investment in strengthening and expanding our
network.”
Last year, the company invested $65 million in capital in its
network and facilities. In 2024, the company plans to invest
another $40 million.
Among these investments is Alaska Communications’ state of the
art fiber to the home network, which currently delivers the fastest
upload speeds in Alaska. In the last two years, Alaska
Communications deployed fiber to the home to about 10,000 homes in
Fairbanks and Anchorage, along with a fiber build to a
multi-dwelling unit in downtown Juneau. The company’s fiber to the
home network differs from other hybrid fiber networks in that it
extends the fiber to each individual building. With other hybrid
fiber networks, homes are connected to the fiber line via a copper
cable, and multiple homes share the same line, so speeds may
fluctuate. Read more about the company’s work in the Anchorage
Daily News.
“Fiber is the gold standard but we are always focused on
deploying the right technologies, like fixed wireless, which can be
better suited for certain environments,” said McConnell. “We’re
planning a fixed wireless pilot in Juneau that would deliver speeds
up to 300 Mbps.”
The company is also participating in the Alaska FiberOptic
Project, a first-of-its-kind collaboration with Alaska Native
Regional Corporations and tribal entities that support communities
along the Yukon and Kuskokwim Rivers. The project will bring
high-speed fiber internet to up to 21 communities for the first
time, creating new economic opportunities for rural residents.
Fiber construction in the Yukon River will commence this
summer.
About Alaska Communications
Alaska Communications, an affiliate of ATN International, Inc.
(NASDAQ: ATNI), 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240130813623/en/
Heather Marron Manager, Corporate Communications
Heather.Marron@acsalaska.com
ATN (NASDAQ:ATNI)
Historical Stock Chart
From Dec 2024 to Jan 2025
ATN (NASDAQ:ATNI)
Historical Stock Chart
From Jan 2024 to Jan 2025