M&A Deal Summary

ATN International Acquires Alaska Communications

On March 15, 2021, ATN International acquired communications company Alaska Communications

Acquisition Highlights
  • This is ATN International’s 9th transaction in the Communications sector.
  • This is ATN International’s 6th transaction in the United States.
  • This is ATN International’s 1st transaction in Alaska.

M&A Deal Summary

Date 2021-03-15
Target Alaska Communications
Sector Communications
Buyer(s) ATN International
Deal Type Add-on Acquisition

Target

Alaska Communications

Anchorage, Alaska, United States
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.

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Buyer(S) 1

Buyer

ATN International

Beverly, Massachusetts, United States

Category Company
Founded 1987
Sector Communications
Employees2,300
Revenue 762M USD (2023)
DESCRIPTION

ATN International is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Through its operating subsidiaries, Atlantic provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, local exchange services and broadband internet services. ATN International was founded in 1987 and is based in Beverly, Massachusetts.


DEAL STATS #
Overall 11 of 11
Sector (Communications) 9 of 9
Type (Add-on Acquisition) 7 of 7
State (Alaska) 1 of 1
Country (United States) 6 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-25 Fireminds

Hamilton, Bermuda

Fireminds Ltd. is an innovative technology solutions company focused on global software development and managed cloud services. Fireminds is based in Hamilton, Bermuda.

Buy -