M&A Deal Summary

Alaska Communications Acquires Internet Plus

On July 9, 2001, Alaska Communications acquired communications company Internet Plus

Acquisition Highlights
  • This is Alaska Communications’ 2nd transaction in the Communications sector.
  • This is Alaska Communications’ 2nd transaction in the United States.
  • This is Alaska Communications’ 2nd transaction in Alaska.

M&A Deal Summary
Date 2001-07-09
Target Internet Plus
Sector Communications
Buyer(s) Alaska Communications
Deal Type Add-on Acquisition

Target

Internet Plus

Fairbanks, Alaska, United States
Internet Plus, LLC (dba MosquitoNet) is an Internet Service Provider (ISP) located in Fairbanks, Alaska. MosquitoNet serves approximately 5,000 customers in the Fairbanks area with dial-up and high speed Internet access, as well as hosting solutions and other advanced services.

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Buyer(S) 1

Buyer

Alaska Communications

Anchorage, Alaska, United States

website

Category Company
Founded 1998
Sector Communications
Revenue 232M USD (2019)
DESCRIPTION

Alaska Communications is a fiber broadband and managed information technology services provider, focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers throughout the state. ACS' facilities-based communications network extends throughout Alaska and connects to the contiguous states via two diverse undersea fiber optic cable systems and usage rights on a third undersea system. ACS' network is among the most expansive in Alaska and forms the foundation of service to customers. Alaska Communications was formed in 1998 and is based in Anchorage, Alaska.

DEAL STATS #
Overall 2 of 5
Sector (Communications) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Alaska) 2 of 4
Country (United States) 2 of 5
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-17 Anchorage Telephone Utility

Anchorage, Alaska, United States

Anchorage Telephone Utility is a diversified local exchange and cellular telecommunications service provider. ATU also offers wireless cable TV, Internet access and home security services.

Buy $295M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-30 Crest Communications

Hillsboro, Oregon, United States

Crest Communications Corp. (WCI Cable) is a facilities-based provider of high-bandwidth, fiber optic communications infrastructure to carrier and corporate/government customers in the Pacific Northwest. Crest consists of three subsidiaries that own the infrastructure: WCI Cable, Inc., Northern Lights Holdings, Inc. and World Net Communications, Inc.

Buy $70M
Mergr

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