Monthly Archives: November 2013


GCI REPORTS THIRD QUARTER 2013 FINANCIAL RESULTS

GCI REPORTS THIRD QUARTER 2013 FINANCIAL RESULTS Consolidated revenue of $220 million  Adjusted EBITDA of $79 million  Net income of $9 million or $0.22 per diluted share  November 6, 2013, Anchorage AK – General Communication, Inc. (“GCI”) (NASDAQ:GNCMA) today reported its third quarter 2013 results with consolidated revenues of $220 million, an adjusted EBITDA of $79 million, and net income of $9 million or $0.22 per diluted share. These results reflect the consolidation of the Alaska Wireless Network (“AWN”) transaction, which was effective July 23, 2013. For the third quarter of 2013, revenue increased $42 million or 23 percent over the third quarter of 201…


Denali Media Holdings Closes Purchase of Anchorage CBS Affiliate and Southeast Alaska NBC Affiliates

Denali Media Holdings Closes Purchase of Anchorage CBS Affiliate and Southeast Alaska NBC Affiliates November 1, 2013, Anchorage AK – Denali Media Holdings, a subsidiary of General Communication, Inc. (“GCI”) (NASDAQ:GNCMA) announced today that it had closed on the acquisition of the CBS affiliate KTVA-TV of Anchorage from the Alaska Broadcasting Company, Inc., and of two NBC affiliates in Southeast Alaska, KATH-TV in Juneau and KSCT-TV in Sitka, from North Star Broadcasting based in Juneau. The transaction was announced November 9, 2012, and was subject to a number of closing conditions, including review by the Federal Communications Commission (FCC). The FCC granted the appli…