UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2006
ALASKA COMMUNICATIONS SYSTEMS GROUP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-28167 52-2126573
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
600 Telephone Ave, Anchorage, Alaska 99503
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 907-297-3000
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
On February 2, 2006, Alaska Communications Systems Group, Inc. ("ACS") announced
it expects to receive $7.6 million in cash from the liquidation of the Rural
Telephone Bank (RTB). ACS expects to receive the funds in mid-2006. The
information relating to the RTB liquidation is in the press release attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
In addition, ACS announced on February 2, 2006 that its subsidiary Alaska
Communications Systems Holdings, Inc. ("ACSH") repurchased $8.0 million
principal amount of its existing 9 7/8% senior unsecured notes due 2011 (CUSIP
No. 011679AF4), at a weighted average price of $1,096.75 per senior note. The
information relating to the repurchase of ACSH's senior notes is in the press
release attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
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Exhibit 99.1 Alaska Communications Systems Group, Inc. Press Release
dated February 2, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report on Form 8-K to be signed on its behalf by
the undersigned, thereunto duly authorized.
Date: February 2, 2006 Alaska Communications Systems Group, Inc.
/s/ David Wilson
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David Wilson,
Senior Vice President and
Chief Financial Officer