Alaska Power & Telephone Company Announces Majority Ownership in SEALink Networks, Inc.
Alaska Power & Telephone Company (APTL) has announced it will acquire a majority stake in SEALink Networks, Inc. (SNI), which is developing a cable landing station for subsea cables in Westport, Washington. The strategic move aims to enhance connectivity between Alaska and the lower 48 states through new submarine fiber optic cables that will replace aging infrastructure.
The Westport location was chosen for its strategic value as a cable landing point, with the facility designed to serve multiple customers with significant capacity needs. This development aligns with AP&T's core competency in permitting, landing, and powering subsea cables, leveraging their 70-year experience in Southeast Alaska.
The initiative follows AP&T's recent strategic moves, including the appointment of Bill Marks as CEO in early 2024 and the relocation of headquarters to Ketchikan. The project addresses growing demands for broadband and data services while ensuring continued high-quality connectivity for Alaska's residents, businesses, and communities.
Alaska Power & Telephone Company (APTL) ha annunciato che acquisirà una partecipazione di maggioranza in SEALink Networks, Inc. (SNI), che sta sviluppando una stazione di approdo per cavi sottomarini a Westport, Washington. Questa mossa strategica mira a migliorare la connettività tra l'Alaska e i 48 stati contigui attraverso nuovi cavi in fibra ottica sottomarina che sostituiranno le infrastrutture obsolete.
La posizione di Westport è stata scelta per il suo valore strategico come punto di approdo per i cavi, con la struttura progettata per servire più clienti con esigenze di capacità significative. Questo sviluppo si allinea alle competenze fondamentali di AP&T in materia di autorizzazioni, approdo e alimentazione dei cavi sottomarini, sfruttando la loro esperienza di 70 anni nel sud-est dell'Alaska.
Questa iniziativa segue le recenti mosse strategiche di AP&T, inclusa la nomina di Bill Marks a CEO all'inizio del 2024 e il trasferimento della sede a Ketchikan. Il progetto risponde alla crescente domanda di servizi broadband e di dati, garantendo nel contempo una connettività di alta qualità per i residenti, le imprese e le comunità dell'Alaska.
Alaska Power & Telephone Company (APTL) ha anunciado que adquirirá una participación mayoritaria en SEALink Networks, Inc. (SNI), que está desarrollando una estación de aterrizaje de cable para cables submarinos en Westport, Washington. Este movimiento estratégico tiene como objetivo mejorar la conectividad entre Alaska y los 48 estados contiguos a través de nuevos cables de fibra óptica submarina que reemplazarán la infraestructura envejecida.
La ubicación de Westport fue elegida por su valor estratégico como punto de aterrizaje de cables, con una instalación diseñada para servir a múltiples clientes con necesidades de capacidad significativas. Este desarrollo se alinea con la competencia central de AP&T en permisos, aterrizaje y alimentación de cables submarinos, aprovechando su experiencia de 70 años en el sureste de Alaska.
La iniciativa sigue los recientes movimientos estratégicos de AP&T, incluida la designación de Bill Marks como CEO a principios de 2024 y la reubicación de la sede en Ketchikan. El proyecto aborda la creciente demanda de servicios de banda ancha y datos, asegurando al mismo tiempo una conectividad de alta calidad para los residentes, empresas y comunidades de Alaska.
알래스카 파워 & 전화 회사(APTL)는 SEALink Networks, Inc. (SNI)의 대다수 지분을 인수할 것이라고 발표했습니다. SNI는 워싱턴 주 웨스트포트에 해저 케이블 착륙소를 개발하고 있습니다. 이 전략적 결정은 낡은 인프라를 대체하는 새로운 해저 광섬유 케이블을 통해 알래스카와 하위 48개 주 간의 연결성을 강화하는 것을 목표로 합니다.
웨스트포트 위치는 케이블 착륙점으로서의 전략적 가치 때문에 선택되었으며, 시설은 상당한 용량 요구가 있는 여러 고객에게 서비스를 제공하도록 설계되었습니다. 이 개발은 해저 케이블의 허가, 착륙 및 전력 공급에 대한 AP&T의 핵심 역량과 일치하며, 남동 알래스카에서의 70년 경험을 활용합니다.
이번 조치는 2024년 초 빌 마크스를 CEO로 임명하고 본사를 케치칸으로 이전하는 등 AP&T의 최근 전략적 움직임을 따릅니다. 이 프로젝트는 알래스카 주민, 기업 및 공동체를 위한 고품질 연결성을 보장하면서 증가하는 광대역 및 데이터 서비스에 대한 수요를 해결하고자 합니다.
Alaska Power & Telephone Company (APTL) a annoncé qu'elle acquérait une participation majoritaire dans SEALink Networks, Inc. (SNI), qui développe une station d'atterrissage de câbles pour câbles sous-marins à Westport, Washington. Ce mouvement stratégique vise à améliorer la connectivité entre l'Alaska et les 48 états inférieurs grâce à de nouveaux câbles en fibre optique sous-marine qui remplaceront les infrastructures vieillissantes.
Le site de Westport a été choisi pour sa valeur stratégique en tant que point d'atterrissage de câbles, avec une installation conçue pour servir plusieurs clients avec des besoins de capacité significatifs. Ce développement s'inscrit dans les compétences clés d'AP&T en matière de permis, d'atterrissage et d'alimentation des câbles sous-marins, tirant parti de leurs 70 ans d'expérience dans le sud-est de l'Alaska.
Cette initiative fait suite aux récentes manœuvres stratégiques d'AP&T, notamment la nomination de Bill Marks en tant que PDG au début de 2024 et le déménagement du siège social à Ketchikan. Le projet répond à la demande croissante de services de large bande et de données tout en garantissant une connectivité de haute qualité pour les résidents, les entreprises et les communautés de l'Alaska.
Alaska Power & Telephone Company (APTL) hat angekündigt, eine Mehrheitsbeteiligung an SEALink Networks, Inc. (SNI) zu erwerben, die eine Kabelanslutungsstation für Untersee-Kabel in Westport, Washington, entwickelt. Dieser strategische Schritt zielt darauf ab, die Konnektivität zwischen Alaska und den 48 unteren Bundesstaaten durch neue Unterseekabel aus Glasfaser zu verbessern, die die veraltete Infrastruktur ersetzen werden.
Der Standort Westport wurde aufgrund seines strategischen Wertes als Kabelanlandepunkt gewählt, wobei die Anlage so konzipiert ist, dass sie mehrere Kunden mit erheblichen Kapazitätsbedürfnissen bedienen kann. Diese Entwicklung passt zu AP&Ts Kernkompetenz in der Genehmigung, Anlandung und Versorgung von Unterseekabeln, wobei sie auf ihre 70-jährige Erfahrung im Südosten Alaskas zurückgreifen.
Diese Initiative folgt den jüngsten strategischen Schritten von AP&T, einschließlich der Ernennung von Bill Marks zum CEO zu Beginn des Jahres 2024 und der Verlagerung des Hauptsitzes nach Ketchikan. Das Projekt spricht die wachsende Nachfrage nach Breitband- und Datendiensten an und stellt gleichzeitig eine weiterhin hochwertige Konnektivität für die Bewohner, Unternehmen und Gemeinschaften Alaskas sicher.
- Strategic acquisition of majority stake in SEALink Networks enhances infrastructure capabilities
- New facility will serve multiple high-capacity customers, indicating revenue potential
- Project addresses critical infrastructure needs by replacing aging subsea cables
- Leverages existing core competencies in subsea cable operations
- Significant capital investment required for new infrastructure development (costs not disclosed)
- Project execution risks associated with submarine cable deployment
SNI selected
The subsea cables are anticipated to replace aging cables used by AP&T and other carriers, allowing
Robert B. Engel, Chair of the Board of AP&T said, "This transaction is the culmination of efforts led by the Board over the past few years. We have been taking deliberate steps in our business strategies, the allocation of resources, the hiring of executive talent, and the relocation of our headquarters to
Mr. Marks commented, "I joined AP&T with a strong belief about the quality and commitment of the AP&T board and employees and recognized the core competency of having the ability to permit, land and power subsea cables as a result of the geography we have served in
Alaska Power & Telephone Company (OTCMKTS:APTL) is an employee- and investor-owned utility providing diverse broadband, communications, and energy services in over 40 communities throughout rural
Additional company information can be found at: www.aptalaska.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128179602/en/
Jason
Vice President of Corporate Development, Alaska Power & Telephone Company
Phone: 907-617-3773
Email: Jason.c@aptalaska.com
Address:
136 Misty Marie Lane
Source: Alaska Power & Telephone Company
FAQ
What is the purpose of APTL's investment in SEALink Networks?
Where will the new SEALink Networks cable landing station be located?
When did APTL appoint Bill Marks as CEO?
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What services will the new subsea cable infrastructure provide?
