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Alaska Power & Telephone Company operates as an employee- and investor-owned utility providing power, broadband, communications and related infrastructure services across rural and remote Alaska communities. News about APTL commonly covers utility operations, fiber-to-the-home buildouts, hydropower-related energy initiatives and the company’s role in expanding connectivity in hard-to-serve service territories.
Recurring developments include SEALink submarine fiber optic projects, terrestrial fiber backbone expansion, government-supported broadband funding, leadership and workforce organization changes, headquarters and corporate governance updates, and OTC market disclosure status. The company’s majority-owned Sealink Networks subsidiary adds a broader digital infrastructure focus through subsea cable landing site infrastructure and dark fiber services.
Alaska Power & Telephone Company (OTCMKTS: APTL) named Laura Desmond Vice President – Chief Employee Services, effective May 5, 2026. Desmond will lead a shift from traditional HR to an integrated Employee Services model covering talent development, employee relations, total rewards, compliance, and workforce planning.
She brings experience in regulated, remote operations and has led workforce strategy for organizations of 1,000+ employees.
Alaska Power & Telephone Company (OTCMKTS:APTL) will receive $4.6 million in BEAD grant funding, with the company providing $1.2 million in matching funds to support fiber-to-the-home buildouts in rural Alaska.
Projects will serve Tok, Naukati, and Goose Creek (Thorne Bay), begin construction later in 2026 pending environmental approvals, leverage AP&T’s Sealink network, and the company notes its projects had the lowest installation cost per premise among Alaska fiber awards.
Alaska Power & Telephone (OTCMKTS: APTL) has appointed Ryan Wopschall as President and Board Member of its majority-owned subsidiary Sealink Networks, Inc. (SNI). SNI, co-founded by AP&T and Wopschall in 2024, specializes in subsea fiber optic cable landing site infrastructure and dark fiber services.
As part of this strategic move, SNI has acquired Wopschall Consulting, LLC. Wopschall brings 18 years of experience in the global subsea cable industry and has served as General Manager of the International Cable Protection Committee since 2020. The company is currently advancing with a capital raise and securing permits for its first diverse cable landing site in Westport, Washington.
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) has completed the installation of the 'SEALink South' submarine fiber optic cable project one year ahead of schedule. The project, funded by a $29.3m USDA ReConnect grant plus matching funds from AP&T, connects Ketchikan with Hollis and Coffman Cove communities. The system enhances network resilience through diverse routing options and creates a fiber 'ring' around Prince of Wales Island. Additional fiber-to-home buildouts are scheduled for Klawock (2024-2025), Hollis (2025), and Craig (2026). This project follows AP&T's previous successful implementations of the Lynn Canal Fiber (2016) and SEALink (2022) projects.
Alaska Power & Telephone Company (AP&T) has been named 'Business of the Year' by Southeast Conference, the federally-designated Economic Development District for southeast Alaska. The award recognizes AP&T's extraordinary leadership and investment in innovative projects in the region over the past decade, focusing on clean energy and broadband initiatives.
Southeast Conference, incorporated in 1958, now represents over 185 member organizations and individuals. AP&T CEO Bill Marks expressed gratitude for the award, acknowledging the collaborative efforts of various stakeholders in the company's success.
Southeast Conference recently received a $38.6 million US EPA grant to install heat pumps in numerous southeast Alaska communities, including AP&T service areas. AP&T (OTCMKTS:APTL) is an employee- and investor-owned utility providing diverse broadband, communications, and energy services in over 40 rural Alaska communities.
Alaska Power & Telephone (AP&T) has successfully uplisted its stock from the Pink Information tier to the Pink Current Information tier under the symbol APTL. This move signifies AP&T's commitment to providing more comprehensive and timely financial disclosures. The Pink Open Market, managed by OTC Markets Group, has two tiers, with the Current Information tier demanding more rigorous financial reporting. Uplisting may enhance access to AP&T’s stock and improve liquidity. CEO Bill Marks emphasized the importance of transparent communication with investors, stating that AP&T will provide more frequent updates in the future.
Alaska Power & Telephone (AP&T) announces a $2.5m grant for a heat pump deployment project in Prince of Wales Island. The initiative aims to add 240 air source heat pumps to homes, reduce emissions, and utilize local renewable energy sources. The project is a partnership between AP&T, Spruce Root, and Sealaska , focusing on clean energy development and environmental goals.
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