Third Circuit Court of Appeals Overturns Lower Court Decision to Appoint Custodian to Oversee Company; Rules that Majority of In-Office Directors "Shall" Fill the Board Vacancy CEO Vernon W. Hill Resigns Special Meeting of Shareholders to Be Cancelled Republic First Bancorp, Inc. (NASDAQ:FRBK) (the "Company") today announced that yesterday, Benjamin C. Duster, IV was appointed as an independent member of the Board of Directors (the "Board"), effective immediately. Mr. Duster's appointment follows the United States Court of Appeals for the Third Circuit (the "Third Circuit") reversing the decision of the United States District Court for the Eastern District of Pennsylvania, which appoint

Alaska Communications (NASDAQ:ALSK) is bringing the speed Alaskans need with its new service, AKXinternet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210720005269/en/An Alaska Communications field technician installs a customer node on a rooftop in Anchorage, Alaska. (Photo: Christophe Wu, Facebook) AKXinternet is a mesh fixed wireless solution offering 1 gigabit download speeds and up to 100 Mbps upload speeds. The service offers unlimited data through a tiered speed model, with options starting at 100 Mbps. This service is now available in select Anchorage neighborhoods. The company will expand to more locations in Anchor

ROLLING MEADOWS, Ill., July 15, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ:CMBM), a leading global provider of wireless networking solutions, today announced that Alaska Communications is deploying multi-gigabit 60 GHz cnWave™ fixed wireless equipment enabled by Terragraph mesh functionality to connect business and residential subscribers. As part of the first phase of the rollout, Alaska Communications is launching service with speeds up to 1 Gbps to 6,500 homes and businesses. It also will continue to offer unlimited data through a tiered product with speed options starting at 100 Mbps.

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ: ALSK) has signed a Distribution Partner Agreement with OneWeb, the global communications network powered from space, to expand the company’s connectivity solutions across Alaska. Through the agreement, Alaska Communications will sell OneWeb’s low Earth orbit (LEO) satellite service to its customers and use OneWeb’s infrastructure for critical middle mile connections. “We’re pleased to work with OneWeb to offer LEO services in Alaska,” said Bill Bishop, president and CEO of Alaska Communications. “We see this as a milestone moment in our ability to offer low-latency, high-speed service across Alaska, particularly

Help is on the way for Alaskans struggling to afford broadband. Alaska Communications (NASDAQ:ALSK) will participate in the Emergency Broadband Benefit Program, which will help households struggling financially during the pandemic. The Federal Communications Commission recently established the Emergency Broadband Benefit Program using COVID-19 relief funds. The program will give eligible Alaska households a discount on broadband service of up to $75 a month. "The pandemic demonstrated just how essential broadband access is for school, work, healthcare and quality of life," said Bill Bishop, president and CEO of Alaska Communications. "We're proud to offer our customers an affordable opti

Reported total revenue of $60.7 Million, an increase of 4.1% year over year Reported Net Income attributable to Alaska Communications of $0.6 Million Reported Adjusted EBITDA of $15.4 Million and Adjusted Free Cash Flow of $7.4 Million Completed Oregon-based prefunded fiber project in April Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) today reported financial results for the first quarter of 2021. "We are pleased with our first quarter 2021 results, showing revenue growth year over year in business and wholesale, consumer and regulatory. Total broadband revenues increased 4.4% year over year, and growth revenues continued to outpace declining legacy revenues. Our fiber

ANCHORAGE, Alaska--(BUSINESS WIRE)--Beginning April 24, 2021, Alaska Communications (NASDAQ: ALSK) will begin a six-month transition to help customers prepare for 10-digit dialing for all phone calls, including local calls. This change supports the introduction of 988 abbreviated dialing for the National Suicide Prevention Lifeline. The transition period will help customers prepare for 10-digit dialing, which will be required by the Federal Communications Commission (FCC) beginning Oct. 24, 2021. “Changing the National Suicide Prevention Lifeline’s current hotline number into an easy-to-remember 3-digit dialing code will quickly connect people in crisis with life-saving resource

BEVERLY, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ: ATNI) (“ATN”) announced today that, based on preliminary voting results of a special meeting of stockholders of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications”) held on Friday, March 12, 2021, Alaska Communication’s stockholders have approved the pending acquisition by ATN of all of Alaska Communications shares. ATN and financial partner Freedom 3 Capital, LLC (“F3C”) previously announced the proposed transaction in January 2021 to acquire all the outstanding shares of Alaska Communications common stock for $3.40 per share in cash. The transaction will result in Alaska Comm

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for the fourth quarter and year ended December 31, 2020. “We are pleased with our strong financial performance for 2020, driven by broadband growth and increased customer cloud infrastructure during this unprecedented year. We are proud of our team and their continued exemplary customer service to our communities, particularly the education and healthcare areas. During 2020, we continued to invest in our network and expanded our broadband service by more than 3,700 locations in underserved areas of Alaska, an increase in locations of approximately 33%. In

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced that, based on the preliminary voting results from a special meeting of stockholders held on Friday, March 12, 2021, Alaska Communications’ stockholders have approved the adoption of the previously announced merger agreement relating to the proposed transaction between Alaska Communications and a newly formed entity created by ATN International, Inc. (NASDAQ: ATNI) (“ATN”) and ATN’s financial partner Freedom 3 Capital, LLC (“F3C”), whereby Alaska Communications will become a consolidated, majority owned and operated subsidiary of ATN. Aft

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Third Circuit Court of Appeals Overturns Lower Court Decision to Appoint Custodian to Oversee Company; Rules that Majority of In-Office Directors "Shall" Fill the Board Vacancy CEO Vernon W. Hill Resigns Special Meeting of Shareholders to Be Cancelled Republic First Bancorp, Inc. (NASDAQ:FRBK) (the "Company") today announced that yesterday, Benjamin C. Duster, IV was appointed as an independent member of the Board of Directors (the "Board"), effective immediately. Mr. Duster's appointment follows the United States Court of Appeals for the Third Circuit (the "Third Circuit") reversing the decision of the United States District Court for the Eastern District of Pennsylvania, which appoint

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced today that on December 31, 2020 it entered into a definitive agreement pursuant to which the Company will be acquired by a newly formed entity owned by ATN International, Inc. (NASDAQ: ATNI) (“ATN”) and Freedom 3 Capital, LLC (“FC3”) in an all cash transaction valued at approximately $332 million, including net debt. The merger will result in Alaska Communications becoming a consolidated, majority owned subsidiary of ATN and is expected to close in the second half of 2021. Alaska Communications’ prior agreement to be acquired by an affilia

BEVERLY, Mass., Jan. 04, 2021 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ: ATNI) (“ATN”) announced today that it has agreed to acquire Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications”) in an all cash transaction valued at approximately $332.0 million, including outstanding net debt. ATN and financial partner Freedom 3 Capital, LLC (“F3C”) created a newly formed entity that has entered into a definitive agreement to acquire all the outstanding shares of Alaska Communications common stock for $3.40 per share in cash. ATN will operate and consolidate the new entity and Alaska Communications through its majority ownership stake. Michael Prior, Chairman

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