Article: Alaska Native Firms to Get Refund from AT&T Wireless Deal.

By Paula Dobbyn, Anchorage Daily News, Alaska Knight Ridder/Tribune Business News

Nov. 14--Three Alaska Native firms that heavily invested in the struggling wireless telecommunications industry will get their money back under an agreement announced Wednesday with partner AT&T Wireless.

Sealaska Corp., Doyon Ltd. and Arctic Slope Regional Corp. and other smaller investors in Anchorage-based Alaska Native Wireless will receive $233 million, according to AT&T Wireless' most recent quarterly financial filing with securities regulators.

"We will get our investment back, with some return," said Conrad Bagne, chief operating officer for Arctic ...

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