 BEVERLY, Mass., July 22, 2021 GLOBE NEWSWIRE -- ATN International, Inc. NASDAQ: ATNI ATN announced today that it, along with its financial partner Freedom 3 Capital, LLC Freedom 3, has completed its previously announced acquisition of Alaska Communications Systems Group, Inc. Alaska Communications in an all-cash transaction valued at approximately 343 million, including outstanding net debt. Under the terms of the merger agreement, each outstanding share of Alaska Communications common stock was converted into the right to receive 3.40 in cash. ATN will consolidate the results of Alaska Communications operations in its US Telecom segment. 