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Latest General Communication Inc. Stories

2011-08-08 15:33:00

ANCHORAGE, Alaska, Aug. 8, 2011 /PRNewswire/ -- General Communication, Inc. (NASDAQ: GNCMA) today announced that its wholly owned subsidiary, GCI, Inc. ("GCI"), is extending the expiration date of the offer to exchange an aggregate principal amount of up to $325,000,000 of GCI's new 6 3/4% Senior Notes Due 2021, which have been registered under the Securities Act of 1933, for a like amount of GCI's old 6 3/4% Senior Notes Due 2021 issued in a private offering on May 20, 2011. GCI has...

2011-08-03 16:27:00

ANCHORAGE, Alaska, Aug. 3, 2011 /PRNewswire/ -- General Communication, Inc. ("GCI") (NASDAQ: GNCMA) today reported its second quarter 2011 results with revenues increasing to $168.1 million over revenues of $162.3 million in the second quarter of 2010. Adjusted EBITDA decreased $2.4 million or 4.2 percent from the second quarter of 2010 EBITDA of $57.4 million. Adjusted EBITDA for the second quarter of 2011 increased $0.6 million after excluding the benefit of $3 million in net...

2011-05-24 12:52:00

ANCHORAGE, Alaska, May 24, 2011 /PRNewswire/ -- General Communication, Inc. released the following statement regarding the National Transportation Safety Board's hearing on the plane crash last August. "Today's meeting concluded the NTSB's investigation of the airplane accident of August 9, 2010 near Dillingham, Alaska. The effects of that event are still felt every day by those who lost loved ones and friends, as well as those who responded with courage to provide aid to the survivors....

2011-05-20 12:23:00

ANCHORAGE, Alaska, May 20, 2011 /PRNewswire/ -- General Communication, Inc. (Nasdaq: GNCMA) announced today the completion of the previously announced offering of $325 million in aggregate principal amount of new 6 3/4 % Senior Notes due 2021 at an issue price of 100% (the "2021 Notes") issued by its wholly-owned subsidiary, GCI, Inc. The net proceeds of the offering will be used to retire GCI, Inc.'s outstanding senior unsecured notes due in 2014. The 2021 Notes were offered only to...

2011-05-09 16:38:00

ANCHORAGE, Alaska, May 9, 2011 /PRNewswire/ -- General Communication, Inc. (Nasdaq: GNCMA) announced today the pricing of $325 million of new 6 3/4% Senior Notes due 2021 at a price of 100.00% (the "Notes") to be issued by its wholly-owned subsidiary, GCI, Inc. ("GCI"). The Notes will be senior unsecured obligations of GCI. The net proceeds of the offering will be used to retire GCI's outstanding senior unsecured notes due in 2014. The offering is expected to close on May 20, 2011,...

2011-05-04 15:05:00

ANCHORAGE, Alaska, May 4, 2011 /PRNewswire/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its first quarter 2011 results with revenues increasing to $164.8 million over revenues of $152.4 million in the first quarter of 2010. Adjusted EBITDA increased $2.3 million or 4.5 percent over the first quarter of 2010 EBITDA of $51.1 million. EBITDA margin decreased to 32.4 percent as compared to 33.5 percent for the prior year. GCI's first quarter 2011 net income...

2011-03-09 18:20:00

ANCHORAGE, Alaska, March 9, 2011 /PRNewswire/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its 2010 results with revenues increasing 9.3 percent to $651.3 million over revenues of $595.8 million in 2009. Adjusted EBITDA increased $28.6 million or 14.8 percent over 2009 EBITDA of $192.9 million. EBITDA margin improved to 34.0 percent as compared to 32.4 percent for the prior year. Revenues and adjusted EBITDA were record high results for GCI. Net income for 2010...

2010-12-16 15:16:00

ANCHORAGE, Alaska, Dec. 16, 2010 /PRNewswire-FirstCall/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) announced today that its Board of Directors approved a $100 million increase to its stock repurchase program. The action, which occurred at a scheduled board meeting, increases the program's authorization by $100 million and provides for quarterly increases of $5 million. Including existing authorizations, GCI may purchase up to $127.8 million worth of its outstanding shares of...

2010-11-03 17:24:00

ANCHORAGE, Alaska, Nov. 3, 2010 /PRNewswire-FirstCall/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its third quarter 2010 results with revenues increasing to $171.5 million and adjusted EBITDA increasing to a record $62.7 million. After the close of the third quarter, GCI repurchased approximately 7.5 million GCI shares held by Arctic Slope Regional Corporation ("ASRC"). Revenues for the third quarter increased 13.7 percent over revenues of $150.8 million in...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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