Alaska Power & Telephone (OTCMKTS:APTL) (AP&T) is a diversified utility and telecommunications provider serving rural and regional communities across southeastern Alaska. Established in 1956, the company operates with a mission to deliver reliable power and communication services to areas that are often remote and challenging to reach. Headquartered in Anchorage, AP&T maintains local offices and generation facilities in several towns, offering a blend of traditional and innovative infrastructure solutions tailored to the unique needs of Alaskan residents and businesses.
On the electric utility side, AP&T owns and operates a mix of generation assets that include small-scale hydroelectric plants, diesel-fueled generators, and standby gas turbines. These facilities supply energy to communities such as Haines, Skagway, and Metlakatla, where grid interconnections are limited or non‐existent. The company is committed to exploring renewable energy integration, conducting feasibility studies on additional hydro and wind projects to reduce fuel dependence and lower operating costs over time.
In its telecommunications segment, AP&T provides voice, broadband internet, and wireless data services over a combination of fiber-optic networks, microwave links, and cellular tower infrastructure. The company’s broadband offerings extend from traditional DSL and fixed wireless solutions to advanced fiber-optic connections in select towns, supporting residential, commercial, and public safety applications. Through strategic investments in backhaul capacity and local access networks, AP&T helps bridge the digital divide for schools, healthcare providers, and tribal communities in its service territory.
Governance and operational oversight are provided by a board of directors and an experienced executive management team led by President and Chief Executive Officer Mike Crowley, a seasoned professional in the utilities and telecommunications industries. Under this leadership, Alaska Power & Telephone continues to focus on enhancing service reliability, expanding network coverage, and maintaining strong community partnerships, ensuring that its legacy of serving remote Alaskan communities endures as it adapts to future energy and connectivity demands.
