Key Developments: General Communication Inc (GNCMA.O)
9.52USD
17 May 2013
$-0.11 (-1.14%)
$9.63
$9.65
$9.65
$9.33
142,170
118,231
$10.43
$6.18
Latest Key Developments (Source: Significant Developments)
General Communication Inc's Denali Media Holdings Purchases Anchorage CBS Affiliate and Southeast Alaska NBC Affiliates
Denali Media Holdings, a subsidiary of General Communication Inc announced that it has agreed to the purchase of three Alaska broadcast stations: CBS affiliate KTVA-TV of Anchorage and NBC affiliates KATH-TV in Juneau and KSCT-TV of Sitka. Denali Media Holdings will purchase KTVA-TV from Alaska Broadcasting Company, Inc./Media News Group (Affiliated Media Inc. FCC Trust) of Denver, Colorado. Affiliates KATH-TV and KSCT-TV will be purchased from North Star Broadcasting based in Juneau. The purchase agreements are subject to customary closing conditions, including approvals from the Federal Communications Commission, with final approval anticipated in the first quarter of 2013. The financial terms of the transaction were not disclosed. Full Article
General Communication Inc Sees FY 2012 EBITDA Guidance At Or Near Lower End Of Prior Range
General Communication Inc announced that it previously provided guidance on revenues of $690 million to $720 million and adjusted EBITDA of $230 million to $240 million for fiscal 2012. GCI now expects adjusted EBITDA will be at or near the lower end of the guidance, excluding expenses related to The Alaska Wireless Network (AWN) transaction. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $233 million for fiscal 2012. Full Article
General Communication, Inc. Reaffirms FY 2012 Guidance
General Communication, Inc. announced that for fiscal 2012, it expects revenues of $690 million to $720 million and adjusted EBITDA of $230 million to $240 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $708 million for fiscal 2012. Full Article
General Communication, Inc. Reaffirms FY 2012 Guidance-Conference Call
General Communication, Inc. announced that for fiscal 2012, it continues to expects revenues of $690 million to $720 million, and adjusted EBITDA to fall somewhere between $230 million and $240 million. Full Article
General Communication, Inc. Issues FY 2012 Guidance
General Communication, Inc. announced that it anticipates revenues of $690 million to $720 million and adjusted EBITDA of $230 million to $240 million for fiscal 2012. Expectations for 2012 have been reduced by more than $13 million as a result of the FCC USF order. Full Article
General Communication, Inc. Reaffirms FY 2011 Revenue Guidance; Lowers FY 2011 EBITDA Guidance
General Communication, Inc. announced that for fiscal 2011, it expects revenues to be within the range of the revenue guidance. Adjusted EBITDA is now expected in the range of $225 million to $227 million. The Company previously provided guidance on revenues of $685 million to $700 million and adjusted EBITDA of $233 million to $238 million for fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $229 million for fiscal 2011. Full Article
General Communication, Inc. Reaffirms FY 2011 Guidance
General Communication, Inc. announced that it expect results for fiscal 2011 to be within the range of previous guidance. The Company guidance on revenues of $685 million to $700 million and adjusted EBITDA of $233 million to $238 million for fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $692 million and EBITDA of $235 for fiscal 2011. Full Article
General Communication, Inc.'s Cycle30 To Provide Billing and Rating Services on Cloud and Machine-To-Machine Applications For Arrow Electronics
General Communication, Inc.'s Cycle30 announced that it has signed an agreement with Arrow Electronics, Inc. to provide billing and rating services offering for cloud services and machine-to-machine (M2M) applications. Under the agreement, Arrow customers in the Americas will have access to Cycle30's hosted order-to-cash platform for ordering, mediation, rating and billing services. Full Article
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