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Bellwether adds Alaska Communications to our telecom portfolio.

Publication: M2 Presswire
Publication Date: 29-OCT-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 October 2004-bellwetherreport.com: Bellwether adds Alaska Communications to our telecom portfolio(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:10292004

Bellwether Report has initiated coverage on Alaska Communications Systems Group (Nasdaq:ALSK), a company engaged principally in providing local telephone, wireless, and inter-exchange network and data services to its customers in the State of Alaska through its telecommunications subsidiaries.

Alaska Communications announced yesterday its board of directors approved the initiation of a quarterly cash dividend and the withdrawal of its registration statements previously filed with the Securities and Exchange Commission (SEC) for an initial public offering of Income Deposit Securities (IDS).

The company initiated its first cash dividend at an annual rate of $0.74 per share payable quarterly. The first quarterly cash dividend of $0.185 per share is payable on January 19, 2005 to...

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