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General Communication Inc (GNCMA.OQ)

GNCMA.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

General Communication reports Q3 revenue of $231 million
Wednesday, 1 Nov 2017 04:01pm EDT 

Nov 1 (Reuters) - General Communication Inc :GCI reports third quarter 2017 financial results.Q3 revenue $231 million.General Communication Inc - ‍affirming pro forma EBITDA guidance to be between $300 million and $315 million in 2017, excluding costs related to liberty transaction​.General Communication Inc - ‍capital expenditures are expected to be approximately $165 million in 2017​.General Communication Inc sees ‍capital expenditures to be approximately $165 million in 2017​.  Full Article

General Communication Inc board amends and restates its bylaws
Wednesday, 23 Aug 2017 05:05pm EDT 

Aug 23 (Reuters) - General Communication Inc :General Communication Inc - ‍on August 21, 2017, board of directors of General Communication Inc amended and restated its bylaws - SEC filing​.General Communication Inc - ‍amended and restated bylaws include changes to separate functions of corporate chief executive officer and president​.General Communication Inc - ‍board changed title of Ronald Duncan from chief executive officer and president to chief executive officer​.General Communication- ‍board promoted GCI's executive VP, chief operating officer, Gregory Chapados, to position of president, chief operating officer​.  Full Article

GCI Q2 net loss $9.0 million
Wednesday, 2 Aug 2017 04:06pm EDT 

Aug 2 (Reuters) - General Communication Inc :GCI reports second quarter 2017 financial results.Q2 revenue $224 million.General Communication Inc - ‍are narrowing our pro forma EBITDA guidance to be between $300 million and $315 million in 2017​.General Communication Inc - ‍capital expenditures are expected to be approximately $165 million in 2017​.Q2 net loss $9.0 million.  Full Article

General Communication expects 2017 capex to be about $165 mln
Wednesday, 3 May 2017 04:10pm EDT 

May 3 (Reuters) - General Communication Inc :GCI reports first quarter 2017 financial results.Q1 revenue $228 million.Pro forma ebitda is expected to be between $300 million and $325 million in 2017.Capital expenditures are expected to be approximately $165 million in 2017.General Communication Inc qtrly loss per share per class b common share and per class a common share of $1.60.  Full Article

General Communication says Liberty will pay GCI a termination fee of $65 mln, subject to terms and conditions of agreement
Monday, 10 Apr 2017 04:07pm EDT 

General Communication Inc : General communication - subject to terms and conditions of reorganization agreement, liberty will pay gci a termination fee of $65 million - sec filing .General Communication Inc - subject to terms and conditions of reorganization agreement, GCI will pay liberty a termination fee of $40 million.  Full Article

Liberty Interactive to buy General Communication for $1.2 bln
Tuesday, 4 Apr 2017 08:45am EDT 

General Communication Inc : Liberty Interactive enters into agreement to acquire general communication, inc., combine with liberty ventures group and split-off combined company from liberty interactive . General Communication Inc - shareholders of GCI will receive total consideration of $32.50 per share . General Communication Inc - transaction represents an undiluted enterprise value for GCI of $2.68 billion and undiluted equity value of $1.12 billion . General Communication -Liberty Interactive will effect a tax-free separation of its controlling interest in combined co, to be named GCI Liberty Inc . General Communication Inc - GCI Liberty will remain an alaska corporation as of deal closing . General Communication-deal value of $32.50/share comprised of $27.50/share in GCI Liberty class a common stock, $5.00 in newly issued series a preferred shares . General Communication Inc - sees approximately $130 million annual free cash flow from tax savings related to exchangeable bonds from deal . General Communication -prior to split-off of gci liberty, gci liberty to execute, draw down in full on $500 million margin loan against 42.7 million series c shares of liberty broadband . General Communication Inc - split-off of liberty interactive's interest in GCI Liberty is expected to be completed by q1 of 2018.  Full Article

GCI qtrly adjusted EBITDA $68 mln
Wednesday, 1 Mar 2017 04:38pm EST 

General Communication Inc : GCI reports fourth quarter 2016 financial results . Q4 revenue $232 million . General Communication Inc - adjusted EBITDA is expected to be between $300 million and $325 million in 2017 . General Communication Inc - capital expenditures are expected to be approximately $165 million in 2017, a reduction of 21 percent from 2016 expenditures .General Communication Inc - qtrly adjusted EBITDA of $68 million was down $10 million from Q3.  Full Article

General Communication Inc says Northpoint's staff to become GCI employees after acquiring Co
Wednesday, 11 Jan 2017 11:00am EST 

General Communication Inc : GCI adds Seattle network engineering experts to its team through Northpoint acquisition . Nathan Clark will transition to vice president of business development in Pacific Northwest for GCI .Northpoint's staff of 23 will become GCI employees.  Full Article

GCI reports second quarter 2016 financial results
Tuesday, 2 Aug 2016 04:05pm EDT 

General Communication Inc : Sees fy 2016 revenue $930 million to $980 million . Gci reports second quarter 2016 financial results . Q2 revenue $234 million .Says adjusted ebitda in q2 was $79 million, down $9 million or ten percent when compared with q2.  Full Article

General Communication Inc gives FY 2016 guidance
Wednesday, 2 Mar 2016 04:05pm EST 

General Communication Inc:Adjusted EBITDA is expected to be between $295 million and $325 million in Fy 2016.Revenue is expected to be between $930 million and $980 million in Fy 2016.  Full Article

BRIEF-General Communication reports Q3 revenue of $231 million

* General Communication Inc - ‍affirming pro forma EBITDA guidance to be between $300 million and $315 million in 2017, excluding costs related to liberty transaction​