Alaska Power & Telephone Company
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- William D. Marks
- Full Time Employees
- 144
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- 193 Otto Street Ketchikan WA United States of America 98368
- IPO Date
- May 23, 2008
- Website
- aptalaska.com
- Similar Companies
- Business
- Alaska Power & Telephone Company (AP&T) provides energy, telecommunications, and broadband services to over 40 rural communities across Alaska, spanning 1,100 linear miles from above the Arctic Circle through the Wrangell Mountains to southeast Alaska; its core offerings include retail and wholesale electric power from renewable hydroelectric (75% of generation) and diesel facilities, high-speed broadband internet with mesh WiFi via Plume SuperPods, local and long-distance telephone services, data transport and backhaul networks, WiFi hotspots, and middle-mile transport for other carriers. The company operates through regulated electric, regulated telecom, and nonregulated segments encompassing subsidiaries like AP&T Wireless and AP&T Long Distance; services target rural residents, businesses, indigenous organizations, and support telemedicine, distance learning, remote work, electrification initiatives such as heat pumps and electric vehicles, and sustainable community growth. Founded in 1957 and headquartered in Ketchikan, Alaska, AP&T remains employee-owned and partners with local governments, state and federal agencies, tribal groups, and conservation organizations to deliver reliable utilities in challenging remote environments. In recent developments, AP&T completes installation of the SEALink South submarine fiber optic cable ahead of schedule in 2024, funded by a $29.3 million USDA ReConnect grant plus matching funds, creating a resilient fiber ring around Prince of Wales Island and enabling fiber-to-the-home buildouts in Klawock (2024-2025), Hollis (2025), and Craig (2026); this follows the 2022 SEALink submarine cable deployment, completed two years early via a $21.5 million USDA grant, linking Prince of Wales Island to Petersburg and Juneau. The company announces majority ownership in SEALink Networks, Inc. on January 28, 2025, and receives the Southeast Conference Business of the Year Award for 2024, underscoring its infrastructure expansions and innovations in rural connectivity.
Alaska Power & Telephone Company Appoints Laura Desmond as Vice President – Chief Employee Services
Alaska Power & Telephone Company to Receive $4.6m in BEAD Grant Funds for Fiber Optic Buildouts
Alaska Power & Telephone Appoints Ryan Wopschall as President and Board Member of Sealink Networks, Inc.
Alaska Power & Telephone Company Announces Majority Ownership in SEALink Networks, Inc.
Alaska Power & Telephone Company Completes Installation of the “SEALink South” Submarine Cable and Landing Sites
AP&T Wins the Southeast Conference “Business of the Year Award” for 2024
Alaska Power & Telephone Uplists to Pink Sheets Current Information Tier
Alaska Power & Telephone Welcomes New Heat Pump Deployment Initiative to its Prince of Wales Island Service Area
Alaska Power & Telephone Moves Corporate Headquarters to Ketchikan
Alaska Power & Telephone Appoints William D. Marks as President and CEO
Alaska Power & Telephone Completes Construction of the Gustavus Intertie