Skip to main content

Adak Telephone could file for bankruptcy by the end of the year? #USF #RuralBroadband

Adak’s Phone Company Calls on Feds to Restore Subsidies

By Stephanie Joyce, KUCB - Unalaska | July 30, 2013 - 5:27 pm
Logo of the United States Federal Communicatio...
Logo of the United States Federal Communications Commission, used on their website prior to 2002 or 2003, and still used on some publications and areas of their website. The central part of the logo is also used on products which conform to FCC requirements. (Photo credit: Wikipedia)

The fed eral government is cutting subsidies to the telephone company that serves Adak amid concerns about how the money is being spent.

That leaves the future of Adak’s phone service up in the air.

Fifteen thousand dollars. That’s about how much the Federal Communications Commission used to pay Adak Telephone annually for each phone line in the community. In 2011, the total added up to $4.2 million worth of federal subsidies for less than 400 people.

But those days are over..............

................. “We would have to ask RUS, because we were allowed to purchase those items through the Rural Utilities Service program loan,” Weaver said.

That’s a federal loan from the US Department of Agriculture. Weaver says they borrowed $6 million in 2005, and still owe most of that – $4.7 million. If the FCC doesn't restore their subsidies, Weaver says Adak Telephone will file for bankruptcy by the end of the year, and default on their debt.....

......... “GCI is basically saying that once we file for bankruptcy, they will purchase our assets for pennies on the dollar to provide service,” according to Weaver.....

Popular posts from this blog

Crabbers get a boost in bairdi Tanner quotas

LAINE WELCH Image via Wikipedia FISHERIES Published: November 7th, 2009 10:10 PM Last Modified: November 7th, 2009 10:12 PM KODIAK -- Kodiak and Alaska Peninsula crabbers got some good news last week -- bigger catch quotas for bairdi Tanner crab, a mid-January fishery important to local economies. Bairdi are the larger cousins of the better-known opilio Tanners, or snow crab. The bairdi boost stems from a big pulse of new crab recruits that biologists have been tracking for years. "That is what's fueling the increase in the harvest this year. We're just getting the very beginning of that year class," said.........

#01-14-2014 - ComFish News Roundup

Chinook Conservation, Trawling and Permit-Stacking Addressed by BoF Jan 13, 2014 View of Kodiak from Pillar Mountain (Photo credit: Wikipedia ) Jay Barrett/KMXT The Alaska Board of Fisheries wrapped up its Kodiak area meetings on Friday afternoon at the Harbor Convention Center. KMXT’s Jay Barrett spoke with board Chairman Karl Johnstone about some of the decisions that came out of the meeting, and how the meeting schedule may change in the future..... 3:32 PM MON JANUARY 13, 2014 The Dillingham City Council Opposes Passage of House Bill 77 By MIKE MASON The Dillingham City Council has come out in opposition to a bill that is expected to be a major focus of attention during the next session of the Alaska Legislature. KDLG’s Mike Mason has the details..... PORT STUDY Corps draft feasibility study on ports due in March

Danish commandos 'monitoring hippies' on Arctic offshore rig #artcticloons

Image by Steve Rhodes via Flickr Alaska Dispatch | May 31, 2011 Armed Danish commandos have (possibly) been summoned to monitor Earth-loving "hippies" clinging to the underbelly of an Arctic deepwater oil rig  off the coast of Greenland , sources say. The environmental non-governmental group  Greenpeace  has published  statements and  video  showing its activists aboard two ships that are attempting to "interfere" with oil exploration going on in the Davis Strait, 100 miles west of Greenland. This business has in turn prompted the Kingdom of Denmark to launch two ships and a few helicopters to monitor the Greenpeace interference. The  Leiv Eriksson  is the source of all this Arctic bait and switch. British oil company  Cairn Energy  is attempting to drill four wells at depths of at least 5,000 feet this summer in "iceberg-strewn sea" with the 53,000-ton offshore oil rig, which has made its way to Arctic waters after a month of failed attempts by Green