Alaska Power and Telephone

What Alaska Power and Telephone does

Alaska Power and Telephone Company (AP&T) is an employee-owned utility, founded in 1957 and headquartered in Ketchikan, Alaska, that delivers electric power, broadband internet, and landline telephone services to over 40 remote communities across approximately 1,100 linear miles in Southeast and Interior Alaska. The company is publicly traded on OTC Markets under ticker APTL (uplisted to Pink Current Information tier in June 2024) and concurrently operates an Employee Stock Ownership Program (ESOP), creating a hybrid public/employee-owned structure. Its infrastructure portfolio includes hydroelectric and diesel generation (with ~75% of power from renewable hydropower), submarine fiber optic cable systems (Lynn Canal Fiber completed in 2016 and SEALink South completed in November 2024 one year ahead of schedule), fiber-to-the-home builds, and cloud-based account management via the SmartHub platform.

AP&T generates revenue through subscription-based monthly billing across residential and business segments. Residential fiber internet tiers range from $109.95/month (Basic Lite Business) up to $254.95/month (Orca Unlimited, 1 Gbps), with copper-based "Best" plans for less-served areas. Business broadband plans run from $109.95/month up to $309.95/month (Ultimate Velocity 1 Gbps), and residential and business telephone services are priced at $18.30 and $26.55/month respectively. Electric power rates are regulated by the Regulatory Commission of Alaska (RCA), while capital-intensive infrastructure expansion is funded materially through government grants — notably a $29.3 million USDA ReConnect grant for SEALink South (2024) and $4.95 million in Alaska Energy Authority Renewable Energy Fund grants for the Goat Lake reservoir expansion and Allakaket solar/battery project. The company also sells Dedicated Internet Access (DIA), Ethernet, and managed services to commercial customers under bulk rates.

Distribution and customer acquisition occur through a network of 12+ local offices across Alaska communities (Craig, Skagway, Haines, Tok, Metlakatla, Wrangell, Petersburg, Juneau, Wasilla, Eagle, Gustavus, Bettles), a SmartHub web/mobile self-serve portal, and toll-free phone support. Whole-home WiFi is delivered through a partnership with Plume (HomePass/SuperPods). The company also operates three core operating subsidiaries — Alaska Telephone Company (ATC), Bettles Telephone (BTI, acquired 1993), and North Country Telephone (NCTI, acquired 1994) — and a majority-owned adjacent subsidiary, Sealink Networks, Inc. (SNI), which is developing subsea cable landing station infrastructure beyond Alaska, including a station in Westport, Washington. Recent leadership includes CEO Bill Marks (appointed early 2024) and Chair Robert B. Engel.

Name

Alaska Power and Telephone

Legal name

Alaska Power & Telephone Company

Website

https://aptalaska.com

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

51–100 employees

Short description

Employee-owned Alaska utility providing electric power, broadband internet, and telephone services to over 40 remote communities across 1,100 miles, with 75% renewable hydropower and submarine fiber cable infrastructure.

Ownership category

akta.pro rank

Product category

Rural Electric and Telecommunications Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Wired and Wireless Telecommunications Carriers (except Satellite) (51711)

SIC

Electric Services (4911), Telephone Communications (No Radiotelephone) (4813)

akta.pro primary industry

Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE)

akta.pro secondary industries

Rural & Universal Service Fixed Broadband Providers (HDAIABAJ), Municipal & Community Broadband Networks (HDAIACAE), Utility Fiber Backbone & Transport Networks (OTN/MPLS, DWDM) (EUADAIAA)

Keywords

• Rural electric utility
• Broadband internet services
• Telecommunications services
• Hydroelectric power generation
• Submarine fiber networks

Headquarters

HQ city

Port Townsend

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Broadband/Internet Services: Residential and business internet subscription services with multiple tier options ranging from basic copper-based plans to fiber optic plans up to 2.5 Gbps. Revenue generated through monthly subscriptions with optional add-ons like unlimited usage and static IP addresses.
2. Electric Power Services: Electric utility services provided to over 40 Alaska communities across 1,100 miles. Power is generated from hydroelectric sources (approximately 75% of portfolio) and diesel generation. Rates regulated by Regulatory Commission of Alaska.
3. Telephone Services: Residential and business landline telephone services including unlimited local calling, long-distance options, and various calling features. Residential service at $18.30/month, business at $26.55/month.
4. Business Data Services: Enterprise connectivity solutions including Dedicated Internet Access (DIA), Ethernet services, and managed services for businesses requiring high-capacity private connections.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Alaska Power & Telephone (AP&T) is an employee-owned and publicly traded utility that delivers electric power, broadband internet, and landline telephone services to more than 40 remote Alaska communities across 1,100 linear miles. Approximately 75% of its electricity portfolio is generated from renewable hydropower, with the remainder from diesel generation. Broadband service spans copper-based plans up to fiber-to-the-home tiers reaching 2.5 Gbps, supported by submarine fiber cable systems (SEALink, Lynn Canal Fiber), while landline telephone is offered to both residential and business customers.

Product overview

Alaska Power and Telephone (AP&T) is an employee-owned utility offering a diversified portfolio of telecommunications and power services to over 40 remote Alaskan communities. The company's telecommunications offerings include residential and business broadband internet (fiber and copper-based plans ranging from 25 Mbps to 2.5 Gbps), Mesh WiFi powered by Plume HomePass, landline telephone services with various calling features, and business data services including Dedicated Internet Access, Ethernet, and managed services. The power division provides electric utility service across 1,100 miles of Alaska with approximately 75% renewable hydropower, along with energy incentive programs for heat pumps, electric vehicles, and e-bikes. Supporting infrastructure includes SmartHub account management platform, live webcam monitoring, and outage reporting systems. The company also holds majority ownership in Sealink Networks, a subsidiary developing subsea fiber optic cable infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Fiber & Copper Internet

Quantifiable outcome

• 300,000 gallons of diesel displaced annually by Falls Creek Hydroelectric Project
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Alaska Energy Authority (AEA)coreStrategic or Co-development Partner · 30 June 2026Alaska Energy Authority awarded AP&T two Renewable Energy Fund grants totaling $4.95 million: $2 million for Goat Lake Hydroelectric reservoir expansion and $2,953,085 for Allakaket solar and battery system project.
• Sealink Networks, Inc.coreStrategic or Co-development Partner · 28 January 2025AP&T holds majority ownership in Sealink Networks, Inc. (SNI), a telecommunications infrastructure company specializing in subsea fiber optic cable landing stations. SNI was co-founded by AP&T and Ryan Wopschall in 2024 to expand digital infrastructure across North America. SNI is developing a cable landing station in Westport, Washington, and has acquired Wopschall Consulting, LLC.
• Plume (HomePass)coreTechnology or IntegrationAP&T is partnered with Plume to deliver cloud-based Mesh WiFi services through Plume HomePass technology, providing AI-driven smart WiFi with SuperPods for whole-home coverage, parental controls, and IoT security.
• Alaska Heat Smart / Southeast ConferencecoreStrategic or Co-development PartnerSoutheast Conference Alaska Heat Smart ACES program offers heat pump incentives of $4,000 to $8,500 for qualifying homeowners in AP&T's service areas. AP&T promotes these programs to customers.
• Spruce RootminorStrategic or Co-development PartnerSpruce Root, in partnership with Information Insights and regional energy experts, is launching a multi-year effort to increase affordability of air source heat pumps for Tribally owned homes and facilities on Prince of Wales Island.
• Leighty FoundationminorGTM or Marketing PartnerPartnership with Leighty Foundation enables AP&T's E-Bike Incentive program, offering up to 10% back (max $200) on new electric bikes for power customers.
• Sitka Conservation SocietyminorGTM or Marketing PartnerPartnership with Sitka Conservation Society enables AP&T's E-Bike Incentive program, providing sustainable travel incentives for Alaska customers.
• Alaska Native Tribal Health Consortium (ANTHC)coreImplementation/ SI/ Consulting PartnerANTHC is serving as project developer for the Allakaket solar and battery project, working in conjunction with AP&T's engineers under a proposed independent power producer (IPP) structure.
• Tlingit & Haida / Tidal NetworkcoreStrategic or Co-development PartnerCentral Council of the Tlingit and Haida Indian Tribes of Alaska actively supported and partnered with AP&T on the SEALink South project, supporting tribal broadband solutions for Prince of Wales Island communities.

Scale indicators10 records

Recent moves11 records

Expansion highlights4 records

Direct peers

• Paul Bunyan Communications: Rural Minnesota cooperative offering gigabit fiber and telephone across a low-density region. Highly comparable to AP&T in operating a fiber-to-the-home buildout in a low-population rural footprint.
• General Communication Inc. (GCI): Alaska's largest telecom, providing cable internet, fiber, wireless, and business services across the state. Most direct competitor to AP&T in Alaska broadband and a benchmark for what scaled Alaska telecom looks like.
• GWI (Great Works Internet): Maine-based rural broadband provider offering fiber and fixed wireless to underserved communities. Comparable as a regional rural broadband specialist with a community-focused model.
• Alaska Communications Systems (ACS): Major Alaska-based fiber and business telecom provider. Previously owned the Allakaket exchange that AP&T acquired in 1998; directly competes with AP&T for enterprise DIA and residential fiber customers in overlapping geographies.
• Matanuska Telephone Association (MTA): Member-owned cooperative providing fiber, telephone, and wireless across the Matanuska-Susitna Valley, including Wasilla where AP&T has a presence. Closely comparable business model (co-op + fiber) and adjacent territory.
• Inside Passage Electric Cooperative (IPEC): Electric cooperative serving communities in Southeast Alaska that overlap with AP&T's power service territory. Direct peer on the electric utility side.
• Copper Valley Telecom: Cooperative telecom serving the Copper River Basin region of Alaska with broadband, voice, and wireless. Similar rural-Alaska cooperative model and customer base.
• Alaska Village Electric Cooperative (AVEC): Member-owned electric cooperative serving 50+ rural Alaska communities with diesel and renewable generation. Closest peer on the electric utility side, including similar remote-community diesel-to-renewable transition challenges.
• Cordova Telephone Cooperative: Rural Alaska cooperative providing telephone, internet, and wireless in Cordova. Comparable scale, model, and remote-community operating profile.

Broad incumbents

• Consolidated Communications: Large-scale incumbent fiber and broadband operator across rural and mid-sized U.S. markets. Overlaps with AP&T on fiber-based residential and business services but operates at a much larger scale nationally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alaska Power and Telephone