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Stock impact report

Alaska Communications Secures Long-Term Funding for Expanding Broadband

ATN International, Inc. (ATNI) 
Last atn international, inc. earnings: 4/29 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atni.com/investor-relations
Company Research Source: Business Wire
ANCHORAGE, Alaska--(BUSINESS WIRE)--Rural Alaskans will continue to have access to affordable, reliable, high-speed internet thanks to a Nov. 4 order issued by the Federal Communications Commission (FCC).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107792614/en/Alaska Communications Field Technician Kristine Barber prepares for a broadband installation on the Kenai Peninsula, a rural part of Alaska that will benefit from the Alaska Connect Fund. (Photo: Business Wire)The order establishes the Alaska Connect Fund (“ACF”), which will provide Alaska Communications with increased federal Universal Service Fund support starting January 1, 2025, through Dec. 31, 2028. The Fund will allow Alaska Communications to continue deployment and operation of broadband across its service areas. Beginning January 1, 2029, the Alaska Connect Fund will provide ongoing support through the end of 2034 for the operation and maintenance o Show less Read more
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