Alaska Communications Completes Sale of Wireless Assets to GCI

Alaska Communications said it completed the sale of its wireless assets and 33 percent ownership in the Alaska Wireless Network to majority owner General Communication Inc. (GCI). The $300 million deal, announced in December (see 1412040062), won’t affect service for Alaska Communications’ former wireless customers, because the telco and GCI implemented a plan to allow for a “seamless continuation of service,” the companies said in a Monday news release.