|
|
Article: GCI Closes $29.5 Million Investment in Alaska DigiTel, LLC.
- Article from:
- PR Newswire
- Article date:
- January 4, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
ANCHORAGE, Alaska, Jan. 4 /PRNewswire-FirstCall/ -- General Communication, Inc. (GCI) announced today that it closed an agreement to invest $29.5 million in Alaska DigiTel, LLC (AKD), an Alaska wireless provider, effective Jan. 1, 2007. GCI's investment in AKD was previously announced and approval was received from the Federal Communications Commission on Dec. 22, 2006. In exchange for its investment, GCI received a majority equity interest in AKD but will not own voting control of the venture.
In addition to its equity investment, GCI entered into a revolving credit loan agreement with AKD. The loan agreement provides that AKD can draw, subject to certain ...
Related newspaper, magazine, and journal articles:
|
|
Article: Interop Technologies and Alaska DigiTel Ink Pact to ...
Wireless News;
April 8, 2008 ;
497 words
... ... 08-2008 Interop Technologies and Alaska DigiTel Ink Pact to Deploy OTA Programming ... 8, 2008-Interop Technologies and Alaska DigiTel Ink Pact to Deploy OTA Programming ... wireless technology solutions, and Alaska DigiTel, a CDMA wireless operator serving ...
|
|