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Forward-Looking Statements

This website includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements about anticipated future operating and financial performance, financial position and liquidity, growth opportunities and growth rates, pricing plans, acquisition and divestiture opportunities, business prospects, strategic alternatives, business strategies, regulatory and competitive outlook, investment and expenditure plans, financing needs and availability and other similar forecasts and statements of expectation and statements of assumptions underlying any of the foregoing. Words such as anticipates”, “believes”, “could”, “estimates”, “expects”, “intends”, “may”, “plans”, “projects”, “seeks”, “should” and variations of these words and similar expressions are intended to identify these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations or projections. Forward-looking statements by us are based on estimates, projections, beliefs and assumptions of management and are not guarantees of future performance. Such forward looking statements may be contained in our SEC filings, including Form 10-Q under “Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere. Actual future performance, outcomes, and results may differ materially from those expressed in forward looking statements made by us as a result of a number of important factors. Examples of these factors include (without limitation):

•  the Company’s ability to successfully close the transaction to sell its wireless assets and subscribers announced December 4, 2014,
•  our debt which requires us to dedicate a portion of our cash flow from operating activities to make debt payments and
•  our ability to comply with the covenants and other terms contained in our Senior Credit Facility
•  governmental and public policy changes, including on-going changes in our revenues resulting from regulatory actions affecting inter-carrier compensation, Universal Service Funding (“USF”) for high cost support, and lifeline revenues,
•  the cost and availability of future financing in the amounts, at the terms, and subject to the conditions necessary, to support our business and pursue growth opportunities,
•  our ability to keep pace with rapid technological developments and changing standards in the telecommunications, industry, including on-going capital expenditures needed to upgrade our access network to industry competitive speeds, and our limited access to in-state middle mile infrastructure,
•  our ability to continue to develop attractive, integrated products and services to evolving industry standards, and meet the pressure from competition to offer these services at lower prices
•  the price of crude oil, which has an impact on the tax revenues generated by the State of Alaska and resource development projects by major exploration companies. Recently the price of crude oil has been declining which is expected to impact state spending levels and resource development, and if sustained, could impact our performance
•  unanticipated damage to one or more of our undersea fiber optic cables resulting from construction or digging mishaps, fishing boats or other reasons
•  changes in general industry and market conditions, and structural declines for voice and other legacy services within the telecommunications industry
•  disruptions or failures in the physical infrastructure or operating systems that support our businesses and customers, or cyber attacks or security breaches of the networks, systems or devices that our customers use to access our products and services
•  a maintenance or other failure of our network or data centers
•  a failure of back-office information technology (“IT”) systems
•  a third party claim that the Company is infringing upon their intellectual property, resulting in litigation or licensing expenses, or the loss of our ability to sell or support certain products including certain wireless devices
•  changes in overall regional or local economic conditions
•  unanticipated costs required to fund our post-retirement benefit plans, or contingent liabilities associated with our participation in a multi-employer pension plan
•  the success or failure of any future acquisitions or other major transactions
•  geologic or other natural disturbances relevant to the location of our operations
•  the ability to attract, recruit, retain and develop the workforce necessary for implementing our business plan
•  the matters described under “Item 1A, Risk Factors” in our Annual Report on Form 10-K for our most recent fiscal year and any Quarterly Reports on Form 10-Q filed after that Form 10-k

In light of these risks, uncertainties and assumptions, you should not place undue reliance on any forward-looking statements. Additional risks that we may currently deem immaterial or that are not currently known to us could also cause the forward-looking events discussed in this Website or our other reports not to occur as described. Except as otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason.

Investors should also be aware that while we do, at various times, communicate with securities analysts, it is against our policy to disclose to them any material non-public information or other confidential information. Accordingly, investors should not assume that we agree with any statement or report issued by an analyst irrespective of the content of the statement or report. To the extent that reports issued by securities analysts contain any projections, forecasts or opinions, such reports are not our responsibility.

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