GCI to use $425 million loan to repay debt Nov 9, 2009
General Communication Inc. said it has closed on $425 million in new debt in early November that will be used to pay off old debt, with the remaining money being used for general corporate purposes. The Anchorage telecom company said the interest rate is 8. (Anchorage Daily News)
Multichannel Newswire Nov 2, 2009
Alaskan MSO General Communication Inc., priced a $425 million debt offering late Thursday that will be used to retire its outstanding senior secured credit facility and for general corporate purposes. The Federal Communication Commission's chief economist has offered up the suggestion, though only a suggestion, that congestion pricing and network management may both be incentives to "efficient network operation." A new version of a federal shield law has been released by Senators Charles Schumer... (Multichannel News)
GCI Prices Debt Offering Oct 31, 2009
Alaskan MSO General Communication Inc., priced a $425 million debt offering late Thursday that will be used to retire its outstanding senior secured credit facility and for general corporate purposes. The offering of 8. (Multichannel News)
Consumer group wants cable TV regulation Aug 31, 2009
AkPIRG has issued a report claiming that General Communication Inc., the state's largest cable TV company, is charging rates for basic cable TV that grossly exceed the rates charged in similar-sized cities in the Lower 48. "What consumers are stuck with is a company that gets to charge whatever it wants," said AkPIRG executive director Gabe Aceves. (Anchorage Daily News)
American Principle Bank Announces Appointment of New President and Chief Executive Officer Aug 18, 2009
General Communication www. americanprinciplebank. (PR Newswire)
Local Industry News and Notes Jul 7, 2009
Computers, phone and general communication infrastructure will be expanded. Services still will be available at the Creekside Business and Career One-Stop Center at 4111 Board St., San Luis Obispo, while renovations are finished at the new location. (Santa Maria Times)
Inside Alaska business May 12, 2009
Anchorage-based telecom company General Communication Inc. reported a first-quarter profit of $354,000, down 19 percent from the same three months of last year, on revenue of $149 million, up 10 percent. The company's selling, general and administrative expenses grew 22 percent and its interest expense, including noncash amortization of deferred loan fees, grew 42 percent. (Anchorage Daily News)
American Principle Bank Announces: First Quarter 2009 Financial Results; Achievement of Profitability; Total Assets Exceed $175 Million Apr 18, 2009
For further information contact: David R. Booker President Chief Executive Officer (805) 547 - 2811 or Mark R. Andino Chief Financial Officer Chief Operating Officer (805) 547 - 2832 General communication: www. americanprinciplebank. (PR Newswire)
The Power Directory Feb 9, 2009
84 General Communication. 2550 Denali St., Suite 1000Anchorage, AK 99503(907) 265-5600Ownership: General Communication Inc. Basic subs: 131,200 (Serves communities in Alaska) Top Executive: Ron Duncan, president. (Multichannel News)
Alaska's GCI Signs Up 100,000 Wireless Customers Feb 8, 2009
General Communication Inc., the largest cable and telecommunications provider in Alaska, announced it now serves 100,000 wireless customers in the state under its own GCI brand, Alaska DigiTel and Alaska Wireless. "We are extremely pleased to announce reaching this important milestone," GCI president and CEO Ron Duncan said, in a statement. (Multichannel News)
