Communications Services M&A » By The Online Investor Staff, updated Mon., Mar. 8, 1:11 PM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #23. Alaska Communications — TekMate
Acquirer:
Alaska Communications (NASDAQ:ALSK)
Acquiree:
TekMate
Details:
Alaska Communications (NASDAQ:ALSK) today announced the purchase of 51 percent of TekMate, one of Alaska's leading managed information technology (IT) services firms, expanding on its 2010 acquisition of 49 percent interest in TekMate.
Alaska Communications Systems Group is a fiber broadband and managed information technology (IT) services provider, providing technology and service enabled customer solutions to business and wholesale customers in and out of Alaska. Co. provides services and products to the following customer categories: Business and Wholesale, which includes remote network monitoring and support, managed IT security and other IT services; Consumer, which provides broadband, voice and IT services to residential customers, including residential homes and multi-dwelling units; and Regulatory, which provides voice and broadband origination and termination services to interstate and intrastate carriers.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
