ANCHORAGE, Alaska, Sep 15, 2003 (BUSINESS WIRE) --
Alaska Communications Systems Group, Inc. ("ACS") (Nasdaq:ALSK) today announced the appointment of Liane Pelletier as CEO and President and the retirement of Charles E. Robinson as CEO. Ms. Pelletier, who is also joining the Company's Board of Directors, joins ACS effective October 6, 2003 after spending 17 years at Sprint Corporation, most recently as a member of the Executive Management Committee and Chief Integration Officer. Ms. Pelletier's position consolidates Mr. Robinson's day-to-day responsibilities and those of Wes Carson, who left in May to be CEO of ACS Media, LLC. Mr. Robinson, a 45-year telecom industry veteran who founded ACS in 1999, will remain as Chairman but is retiring from day-to-day management of the Company.
Recently, Ms. Pelletier was appointed Chief Integration Officer at Sprint, her latest important role at one of the leading telecommunications providers in the country. In this position, she has been overseeing Sprint's transformation from a product centric to a more customer centric organization. For the three years prior to that appointment, Ms. Pelletier served as Senior Vice President, Corporate Strategy & Business Development. Her responsibilities included driving corporate strategy, managing the Company's broadband spectrum assets and developing and marketing integrated products. Over the course of her 17 year career at Sprint, Ms. Pelletier also served as a Vice President in a wide variety of departments, including in corporate strategy, customer acquisition and retention and marketing positions to both business and consumer customers. Before joining Sprint, she worked as a consultant at Touche Ross and Temple, Barker, Sloane. Ms. Pelletier has an MBA from M.I.T. and B.A. from Wellesley College.
"Liane is a proven problem solver and experienced executive who will bring fresh ideas and energy to ACS," commented Chuck Robinson, Chairman and CEO of ACS. "Her experience at Sprint will be invaluable at ACS and her appointment reaffirms our commitment to being the premier telecommunications company in Alaska. We are excited to have attracted such a talented executive to the State and I look forward to working with her in the coming months."
"As the founder and visionary behind ACS, Chuck Robinson's legacy at the Company will live on and I look forward to building on his accomplishments," added Ms. Pelletier. "As a true integrated communications provider, ACS has much in common with Sprint and I believe my past experience will help lead the Company. ACS' successful spin-out of the directories business and strengthened balance sheet are firm evidence of the positive recent momentum and future prospects at the Company. I am looking forward to moving to Alaska and to working closely with all of those both inside and outside the Company who share a commitment to ensuring that the State has the best in telecommunications for many years to come."
About Alaska Communications Systems -- ACS is the leading integrated communications provider in Alaska, offering local telephone service, wireless, long distance, data, and Internet services to business and residential customers throughout Alaska. ACS currently serves approximately 318,000 access lines, 83,000 cellular customers, 44,000 long distance customers and 45,000 Internet customers throughout the State. More information can be found on the Company's website at http://www.alsk.com.
In addition to historical information, this release includes forward-looking statements, estimates and projections that are based on current expectations only, and are subject to a number of risks, uncertainties and assumptions, many of which are beyond the control of Alaska Communications. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to: rapid technological developments and changes in the telecommunications industries; ongoing deregulation in the telecommunications industry as a result of the Telecommunications Act of 1996 and other similar federal and state legislation and the federal and state rules and regulations enacted pursuant to that legislation; regulatory limitations on the Company's ability to change its pricing for communications services; the possible future unavailability of SFAS No. 71 to the Company's wireline subsidiaries; and possible changes in the demand for the Company's products and services. In addition to these factors, actual future performance, outcomes and results may differ materially because of other, more general, factors including (without limitation) changes in general industry and market conditions and growth rates; changes in interest rates or other general national, regional or local economic conditions; governmental and public policy changes; changes in accounting policies or practices adopted voluntarily or as required by accounting principles generally accepted in the United States of America; and the continued availability of financing in the amounts, at the terms and on the conditions necessary to support the Company's future business. These and other uncertainties related to the Company's business are described in greater detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2002. The information contained in this release is as of September 15, 2003. The Company undertakes no obligation to update or revise any of this information whether as a result of new information, future events or developments, or otherwise.
SOURCE: Alaska Communications Systems Group, Inc.
Alaska Communications Systems Group, Inc. Kevin P. Hemenway, 907-297-3000 www.acsalaska.com or the blueshirt group Chris Danne, 415-217-7722 firstname.lastname@example.org Brinlea Johnson, 415-217-7722 email@example.com
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