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Last updated on April 20, 2014 at 19:30 EDT

Latest General Communication Inc. Stories

2010-08-12 19:22:00

ANCHORAGE, Alaska, Aug. 12 /PRNewswire-FirstCall/ -- Alaska telecommunications company General Communication, Inc. confirmed the identity of one of the "good Samaritans" who responded to the scene of the plane crash near Dillingham earlier this week. Dr. Dani Bowman, a state-licensed physician who specializes in pediatrics intensive care and practices at Alaska Native Medical Center in Anchorage, was among the first to reach the accident site. Dr. Bowman is the wife of GCI President and...

2010-08-04 15:05:00

ANCHORAGE, Alaska, Aug. 4 /PRNewswire-FirstCall/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its second quarter 2010 results with revenues increasing to $162.3 million and adjusted EBITDA increasing to $57.4 million. "Five years ago GCI was reselling another provider's wireless products and had only 12,000 customers," said GCI president Ron Duncan. "Since then we have diligently built the only statewide wireless network and customers have responded in droves....

2010-05-05 15:05:00

ANCHORAGE, Alaska, May 5 /PRNewswire-FirstCall/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its first quarter 2010 results with revenues increasing to $152.4 million and adjusted EBITDA increasing to $51.1 million. Revenues for the first quarter of 2010 increased 2.5 percent over revenues of $148.7 million in the first quarter of 2009. Adjusted EBITDA increased $4.6 million or 9.9 percent over first quarter of 2009 EBITDA of $46.4 million. EBITDA margin for the...

2010-03-11 00:27:00

ANCHORAGE, Alaska, March 11 /PRNewswire/ -- General Communication, Inc. ("GCI") (Nasdaq: GNCMA) today reported its 2009 results with revenues increasing to $595.8 million and adjusted EBITDA increasing to $192.9 million. Adjusted EBITDA increased $21.8 million or 12.7 percent, over 2008 Adjusted EBITDA of $171.1 million. EBITDA margin improved to 32.4 percent for 2009 as compared to 29.7 percent for the prior year. Revenues and adjusted EBITDA were record high results for GCI. The...

2009-11-03 17:42:00

ANCHORAGE, Alaska, Nov. 3 /PRNewswire-FirstCall/ -- General Communication, Inc. (Nasdaq: GNCMA) announced today the completion of the previously announced offering of $425 million in aggregate principal amount of new 8 5/8 percent Senior Notes due 2019 at an issue price of 99.17 percent (the "2019 Notes") to be issued by its wholly-owned subsidiary, GCI, Inc. The 2019 Notes are rated BB- with credit watch stable from Standard & Poor's Rating Services ("S&P") and B2 with a stable...

2009-10-29 13:49:00

ANCHORAGE, Alaska, Oct. 29 /PRNewswire-FirstCall/ -- General Communication, Inc. (Nasdaq: GNCMA) announced today the pricing of $425 million of new 8 5/8 percent Senior Notes due 2019 at a price of 99.17 percent (the "Notes") to be issued by its wholly-owned subsidiary, GCI, Inc. The net proceeds of the offering will be used to retire all outstanding amounts under its existing senior secured credit facility and the remainder will be used for general corporate purposes. The offering is...

2009-02-03 16:00:00

ANCHORAGE, Alaska, Feb. 3 /PRNewswire-FirstCall/ -- General Communication, Inc. (Nasdaq: GNCMA) ("GCI") announced today that it has reached a significant milestone of serving 100,000 wireless customers. GCI offers wireless service in Alaska under its own GCI brand, Alaska DigiTel and Alaska Wireless. In addition, GCI announces that more than 70 percent of its GSM customers that used the Dobson / AT&T network have now been converted to GCI's new GSM statewide network, which currently...

2009-01-21 07:00:00

Concurrent Interactive Data Collection and Reporting Solutions to Provide Improved Operations and Performance ATLANTA, Jan. 21 /PRNewswire/ -- Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux-based computing technologies, announced today that GCI (General Communication, Inc.) (Nasdaq: GNCMA), an Alaska-based cable operator providing voice, video and data communication services to residential, commercial and government customers, has selected Concurrent to provide...

2008-10-15 15:00:07

ANCHORAGE, Alaska, Oct. 15 /PRNewswire-FirstCall/ -- General Communication, Inc. (GCI) announced it has significantly increased Internet speeds in Ketchikan. The increased speeds are available through a service called Xtreme, and will be available following the recent $33 million fiber optic cable investment that connected Ketchikan to the United West cable line stretching from Seattle to Southcentral Alaska. According to Miguel Torres, Ketchikan System Manager, the improvements will...

2008-08-05 12:00:47

Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, announced today that the Company has been awarded an infrastructure contract from General Communication Inc. (NASDAQ: GNCMA), an Alaska-based company providing voice, video and data communication services to residential, commercial and government customers, valued at $9.0 million. On June 4, 2007, the Company announced a contract with GCI...