UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 7, 2005

(Exact name of registrant as specified in its charter)

Delaware		000-28167		52-2126573
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

600 Telephone Ave, Anchorage, Alaska		99503
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code		907-297-3000

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 7.01 Regulation FD Disclosure

On December 7, 2005, Alaska Communications Systems Group, Inc. (the “Company”) issued a press release regarding the closing of its previously announced sale of 10.0 million shares of ACS’ common stock that were held entirely by affiliates of Fox Paine & Company, LLC, the selling stockholders. A copy of the press release is furnished as Exhibit 99.1 hereto.

Item 8.01 Other Events

On December 7, 2005, the closing occurred of the previously announced sale of 10.0 million shares of ACS’ common stock that were held entirely by affiliates of Fox Paine & Company, LLC, the selling stockholders. The transaction was priced at $10.00 per share, and ACS did not receive any proceeds from the sale of these shares. As previously announced, the selling stockholders granted the underwriter a 30-day option from the pricing date of December 1, 2005 to purchase up to an additional 1.5 million shares to cover over-allotments.

Item 9.01 Financial Statements and Exhibits

Exhibit No.		Description
Exhibit 99.1		Alaska Communications Systems Group, Inc. Press Release dated December 7, 2005

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.