Alaska Communications Systems Group CEO Discusses Q3 2010 Results - Earnings Call Transcript
Lastly, any non-GAAP measurements referred to during this call have been reconciled to the nearest GAAP measure. You may find these reconciliations, today’s press release, and our SEC filings on our investor website at www.alsk.com.
We will begin the call with Liane providing an overview. Then Anand will discuss operating details; I will cover Q3 metrics and financial performance, and recap our recently executed term loan refinancing. With that I would like to turn the call over to Liane. Liane?
Liane PelletierThank you, David. Since Q3 of last year, we've generated $5.2 million of growth in enterprising wireless data revenues. Access points and other revenues were $6.5 million, lower this year versus last, and about half of that difference is associated with out of period revenues hitting 2009. Our company practice of process improvement and strategic focus helped maintain third quarter 2010 EBITDA to be level with that of third quarter 2009. Since our last call, we funded a major brand relaunch and a new website. We refinanced our term loan and revolver. We designed and turned up some complex enterprise data networks, and we closed the TekMate investment with significant market activity proving the power of that partnership. Earlier this week we issued press releases that describe how customers have taken advantage of the solutions enabled by the ACS TekMate CONNECT/HOST/MANAGE capabilities. Anand will profile the very different solution approach we bring to the market, shifting boldly from the commodity connectivity [plays] that the Alaska market is used to getting, and really playing off the brand promise of delivering smarter thinking to our customers. The thinking extends beyond enterprise data solutions and extends into our wireless business, where we also help customers live the mobile lifestyle with our fast mobile network and devices like MiFi and a growing Android lineup.
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