Exhibit 99.1

                    

GCI REPORTS FIRST QUARTER 2015 FINANCIAL RESULTS

Consolidated Revenue of $231 million

Adjusted EBITDA of $82 million Before Transition Costs

May 5, 2015, Anchorage, Alaska - General Communication, Inc. (“GCI”) (NASDAQ: GNCMA) today reported financial and operational performance for the first quarter of 2015.

Significant Recent Events

•	Closed on the Alaska Wireless Network (AWN) transaction

•	Refinanced $425 million in bonds

•	Successfully transitioned former ACS wireless customers onto the Company’s customer care and billing system on April 12th

Consolidated revenues for the first quarter of 2015 were $231 million, an increase of $15 million or seven percent when compared to the first quarter of 2014, and an increase of $2 million or one percent over the fourth quarter of 2014. This growth is attributable to continued strong growth in high speed data service as well as growth in wireless.

Adjusted EBITDA before one-time transition costs for the quarter were $82 million, an increase of $7 million or ten percent compared with the first quarter of 2014 and $11 million or 16 percent compared to the fourth quarter of 2014. One-time transition costs associated with the AWN transaction noted above were approximately $7 million during the quarter.

“I am pleased with the Company’s performance during the quarter,” said Ron Duncan, GCI’s president and chief executive officer. “Revenue and EBITDA growth were strong, driven by outperformance in data and wireless. In addition, the Company achieved a significant milestone with the closing of the AWN transaction and the smooth transition of the acquired ACS wireless customers. I am proud of the effort put in by the transition team. We also made improvements in our capital structure by refinancing a large portion of our high yield debt, which reduced annual interest expense and extended the Company’s debt maturities.”

Operating Statistical Highlights

	1Q15	1Q14	4Q14
Wireless Subscribers	238,600	142,400	149,600
Wireless ARPU	$48.23	$50.01	$50.16
Cable Modem Subscribers	135,800	130,400	133,200
Data ARPU	$83.93	$75.93	$83.01

The large increase in wireless subscribers was driven by the acquisition of the ACS wireless customer base as well as growth in the underlying GCI base. Cable modem growth and ARPU increases continue to be driven by the popularity of GCI’s new pricing plans and faster download speeds.

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Wireless ARPU has declined largely due to the growing adoption by customers of GCI’s new “bring your own device” plans and bundling discounts.

Operating and Financial Highlights

Wireless:

The Wireless segment posted revenues of $59 million for the quarter, representing a five percent decline over the first quarter of 2014 and a four percent decline over the fourth quarter of 2014. The decrease in revenue was related to a simplification in how we internally allocate revenues between segments, which became possible after the AWN transaction. Total wireless revenues between the wireless and wireline segments actually grew on both a year-over-year and sequential basis by $7 million and $6 million respectively. Approximately $4 million of that growth was due to the success of “bring your own device” plans with handset financing.

The Wireless segment revenue detail is as follows:

($ millions)	1Q15	1Q14	4Q14
Wholesale Wireless	21	25	25
Roaming and Backhaul	24	25	23
USF Support	14	13	14
Total Wireless Revenue	59	63	62

Wireless segment adjusted EBITDA was $37 million for the quarter, a decrease of $1 million or two percent over the first quarter of 2014, but a sequential increase of $5 million or 14 percent over the fourth quarter of 2014. But for the election of the wireline segment to not take handset subsidies in the first quarter of 2014 of approximately $5 million, Wireless EBITDA would have been up $4 million on a year-over-year basis.

Adjusted EBITDA for the quarter was improved by a decrease in roaming costs, primarily due to better management of permanent and high roaming customers, and a decrease in distribution and capacity costs.

Wireline:

The Wireline segment posted revenues of $172 million, an $18 million or 12 percent increase over the first quarter of 2014 and a $5 million or three percent increase over the prior quarter.

Adjusted EBITDA for the quarter was $45 million before one-time transition costs of $7 million. That compares favorably with $38 million in the fourth quarter of 2014 and approximately $42 million in the first quarter of 2014 adjusted for the handset subsidies.

Wireline - Consumer:

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Consumer revenues were $85 million for the quarter, a year-over-year increase of $15 million or twenty one percent, and a sequential increase of $8 million or 11 percent.

Revenue growth has been driven in part by growth in high speed data products, which continue to grow year-over-year at a double digit rate. The quarter included the addition of 2,600 cable modem subscribers, and an increase in ARPU, reflecting the popularity of GCI’s market-leading high speed data product, re:D.

Consumer wireless also showed consistent growth, even after taking into account the acquisition of the ACS wireless subscriber base. In addition to the ACS subscribers acquired, the Company added 2,000 new consumer wireless subscribers.

GCI has seen growing adoption of the consumer wireless plans that incorporate equipment installment plans and shared data. For the quarter GCI had $4 million in net financed handset revenue.

Wireline - Business Services:

Business Services revenues, which includes broadcast and cable advertising revenues, were $53 million for the quarter, representing a slight increase over the first quarter of 2014 and a $5 million or nine percent sequential decline.

On a sequential basis, there was a $6 million decline in video revenues, driven in large part by a decline in advertising revenues after a robust political season in 2014.

Wireline - Managed Broadband:

Managed Broadband revenues were $34 million for the quarter, representing a $3 million or nine percent increase year-over-year and a $2 million or five percent increase sequentially.

The FCC recently increased the nationwide funding cap for the federal E-Rate program, from $2.4 billion to $3.9 billion, stabilizing support for many of Managed Broadband’s school and library customers.

Significant Events

On April 12, 2015, GCI transitioned the former ACS wireless customers to its billing and customer care platform. The reaction has been positive. Since last fall, GCI has increased its customer service, front line sales and support staff by 165 full time positions.

On April 1st GCI closed on $450 million in senior unsecured notes, with a 6.875 percent coupon maturing in 2025. These notes replace the Company’s 8.625% 2019 bonds, providing cash interest savings of approximately $5 million per year. The company’s capital structure is now in a more secure position, with 80 percent of the debt maturities’ occurring in five or more years.

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Capital expenditures for the quarter totaled $37 million, in line with expectations.

During the quarter, GCI repurchased 1.1 million shares of its Class A common stock, at a cost of $16.1 million.

Over the past two years, GCI’s Cycle30 subsidiary has been working on the development of a next-generation billing platform to serve the needs of quadruple-play providers like GCI. After a detailed assessment earlier this year, GCI elected to wind down the development effort because of scope, schedule, and budget risks. GCI has also decided to stop marketing a machine-to-machine billing platform developed by Cycle30. These actions will result in an aggregate write-off of $26.4 million. Cycle30’s day-to-day operations have been reintegrated into GCI, and GCI is proceeding with an RFP to select a proven, packaged billing solution to meet its needs, and is continuing to seek ways to simplify plans and processes to benefit the eventual billing conversion.

Guidance

GCI reiterates the following guidance for 2015 financial performance:

•	Revenues will be in the range of $920 - 970 million.

•	Adjusted EBITDA of $310 - 335 million, which excludes one-time costs for the transition of ACS wireless customers and network assets to GCI.

•	Core capital expenditures will be approximately $170 million, of which approximately $45 million will be on wireless network projects, and approximately $85 million will be on other network and infrastructure projects.

Conference Call

The Company will hold a conference call to discuss the financial results on Wednesday, May 6^th, at 2:00 p.m. (Eastern). To access the call, call the conference operator between 1:50-2:00 p.m. (Eastern) at 800-779-5739 (International callers should dial +1-203-827-7046) and identify your call as “GCI”.

In addition to dial-up access, GCI will make available net conferencing. To access the call via net conference, log on to gci.com and follow the instructions.

A replay of the call will be available for 72-hours by dialing 866-359-6494, access code 7461 (International callers should dial +1-203-369-0151).

Forward-Looking Statement Disclosure

The foregoing contains forward-looking statements regarding GCI’s expected results that are based on management’s expectations as well as on a number of assumptions concerning future events. Actual results might differ materially from those projected in the forward-looking statements due to uncertainties and other factors, many of which are outside GCI’s control. Additional information

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concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in GCI’s cautionary statement sections of Forms 10-K and 10-Q filed with the Securities and Exchange Commission.

About GCI

GCI is the largest Alaska-based and -operated, integrated telecommunications provider, offering wireless, voice, data, and video services statewide. Learn more about GCI at www.gci.com.

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Amounts in thousands)
	March 31				December 31,
ASSETS	2015				2014
Current assets:
Cash and cash equivalents	$	42,807			15,402
Receivables (including $0 and $27,944 from a related party at March 31, 2015 and December 31, 2014, respectively)	198,721				212,441
Less allowance for doubtful receivables	6,152				4,542
Net receivables	192,569				207,899
Deferred income taxes	64,620				56,120
Inventories	14,537				17,032
Prepaid expenses	13,644				12,179
Other current assets	3,146				153
Total current assets	331,323				308,785
Property and equipment in service, net of depreciation	995,343				1,013,242
Construction in progress	88,048				99,240
Net property and equipment	1,083,391				1,112,482
Goodwill	233,335				229,560
Cable certificates	191,635				191,635
Wireless licenses	86,347				86,347
Other intangible assets, net of amortization	65,573				66,015
Deferred loan and senior notes costs, net of amortization of $9,157 and $8,644 at March 31, 2015 and December 31, 2014, respectively	16,758				10,949
Other assets	37,819				52,725
Total other assets	631,467				637,231
Total assets	$	2,046,181			2,058,498

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Continued)
(Amounts in thousands)
	March 31				December 31,
LIABILITIES AND STOCKHOLDERS’ EQUITY	2015				2014
Current liabilities:
Current maturities of obligations under long-term debt and     capital leases	$	11,594			8,722
Accounts payable (including $0 and $7,447 to a related party at March 31, 2015 and December 31, 2014, respectively)	54,699				76,918
Deferred revenue	30,129				29,314
Accrued payroll and payroll related obligations	27,153				32,803
Accrued interest	24,265				6,654
Accrued liabilities	18,381				14,457
Subscriber deposits	1,537				1,212
Total current liabilities	167,758				170,080
Long-term debt, net	1,322,826				1,036,056
Obligations under capital leases, excluding current maturities	64,388				66,499
Obligation under capital lease due to related party, excluding   current maturity	1,849				1,857
Deferred income taxes	189,571				187,872
Long-term deferred revenue	99,364				85,734
Other liabilities	67,494				43,178
Total liabilities	1,913,250				1,591,276
Commitments and contingencies
Stockholders’ equity:
Common stock (no par):
Class A. Authorized 100,000 shares; issued 37,458 and 37,998 shares at March 31, 2015 and December 31, 2014, respectively; outstanding 37,432 and 37,972 shares at March 31, 2015 and December 31, 2014, respectively	—				13,617
Class B. Authorized 10,000 shares; issued and outstanding 3,158 and 3,159 at March 31, 2015 and December 31, 2014, respectively; convertible on a share-per-share basis into Class A common stock	2,667				2,668
Less cost of 26 Class A common shares held in treasury at March 31, 2015 and December 31, 2014	(249		)		(249	)
Paid-in capital	(9,140		)		26,773
Retained earnings	105,163				124,547
Total General Communication, Inc. stockholders' equity	98,441				167,356
Non-controlling interests	34,490				299,866
Total stockholders’ equity	132,931				467,222
Total liabilities and stockholders’ equity	$	2,046,181			2,058,498

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENTS
(Unaudited)
	Three Months Ended
	March 31,
(Amounts in thousands, except per share amounts)	2015				2014
Revenues:
Non-related party	$	225,806			200,503
Related party	5,283				15,780
Total revenues	231,089				216,283
Cost of goods sold (exclusive of depreciation and amortization shown separately below):
Non-related party	73,887				69,143
Related party	881				2,631
Total cost of goods sold	74,768				71,774
Selling, general and administrative expenses:
Non-related party	83,388				70,742
Related party	540				1,150
Total selling, general and administrative expenses	83,928				71,892
Depreciation and amortization expense	45,235				42,352
Software write-off	26,417				—
Operating income	741				30,265
Other income (expense):
Interest expense (including amortization of deferred loan fees)	(20,985		)		(18,211	)
Derivative instrument unrealized loss	(2,120		)		—
Other	(3,147		)		(97	)
Other expense, net	(26,252		)		(18,308	)
Income (loss) before income taxes	(25,511		)		11,957
Income tax (expense) benefit	6,786				(1,196	)
Net income (loss)	(18,725		)		10,761
Net income attributable to non-controlling interests	544				9,621
Net income (loss) attributable to General Communication, Inc.	$	(19,269	)		1,140
Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share	$	(0.49	)		0.03
Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share	$	(0.49	)		0.03
Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share	$	(0.49	)		0.03
Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share	$	(0.49	)		0.03
Common shares used to calculate Class A basic EPS	36,217				36,081
Common shares used to calculate Class A diluted EPS	39,376				39,362

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
	First Quarter 2015								First Quarter 2014
	Wireless			Wireline					Wireless		Wireline
	Segment			Segment		Total			Segment		Segment		Total
Revenues
Wireless	$	59,204		18,204		77,408			62,517		8,236		70,753
Data	—			96,446		96,446			—		87,613		87,613
Video	—			33,639		33,639			—		32,401		32,401
Voice	—			23,596		23,596			—		25,516		25,516
Total	59,204			171,885		231,089			62,517		153,766		216,283
Cost of goods sold	17,531			57,237		74,768			18,713		53,061		71,774
Contribution	41,673			114,648		156,321			43,804		100,705		144,509
Less SG&A	4,502			79,426		83,928			5,958		65,934		71,892
Share-based compensation	—			2,801		2,801			—		1,778		1,778
Accretion	216			234		450			176		125		301
Other	—			(341	)	(341	)		—		101		101
Adjusted EBITDA	$	37,387		37,916		75,303			38,022		36,775		74,797
Wireless transition costs	—			6,797		6,797			—		—		—
Proforma Adjusted EBITDA	$	37,387		44,713		82,100			38,022		36,775		74,797

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
	First Quarter 2015								Fourth Quarter 2014
	Wireless			Wireline					Wireless		Wireline
	Segment			Segment		Total			Segment		Segment		Total
Revenues
Wireless	$	59,204		18,204		77,408			61,665		9,539		71,204
Data	—			96,446		96,446			—		94,959		94,959
Video	—			33,639		33,639			—		39,227		39,227
Voice	—			23,596		23,596			—		23,401		23,401
Total	59,204			171,885		231,089			61,665		167,126		228,791
Cost of goods sold	17,531			57,237		74,768			24,686		56,961		81,647
Contribution	41,673			114,648		156,321			36,979		110,165		147,144
Less SG&A	4,502			79,426		83,928			4,443		74,712		79,155
Share-based compensation	—			2,801		2,801			—		2,268		2,268
Accretion	216			234		450			148		140		288
Other	—			(341	)	(341	)		—		109		109
Adjusted EBITDA	$	37,387		37,916		75,303			32,684		37,970		70,654
Wireless transition costs	—			6,797		6,797			—		—		—
Proforma Adjusted EBITDA	$	37,387		44,713		82,100			32,684		37,970		70,654

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General Communication, Inc.
Non-GAAP Financial Reconciliation Schedule
(Unaudited, Amounts in Thousands)
		Three Months Ended
		March 31,				March 31,			December 31,
		2015				2014			2014
Net income (loss)		$	(18,725	)		10,761			5,796
Income tax expense (benefit)		(6,786		)		1,196			1,400
Income (loss) before income tax expense		(25,511		)		11,957			7,196
Other (income) expense:
Interest expense (including amortization of deferred loan fees)		20,985				18,211			18,267
Derivative instrument unrealized loss		2,120				—			—
Other		3,147				97			84
Other expense, net		26,252				18,308			18,351
Operating income		741				30,265			25,547
Depreciation and amortization expense		45,235				42,352			42,442
Software write-off		26,417				—			—
Share-based compensation		2,801				1,778			2,268
Accretion		450				301			288
Other		(341		)		101			109
Adjusted EBITDA (Note 1)		$	75,303			74,797			70,654
Wireless transition costs		6,797				—			—
Proforma Adjusted EBITDA ( Note 2)		$	82,100			74,797			70,654
Notes:
(1) The sum of net income (loss), interest expense (including amortization of deferred loan fees), interest income, income tax (expense) benefit, depreciation and amortization expense, software write-off, derivative instrument unrealized loss, share-based compensation, accretion expense, loss attributable to non-controlling interests resulting from New Markets Tax Credit transactions, and other non-cash adjustments plus imputed interest on financed devices. Adjusted EBITDA is not presented as an alternative measure of net income, operating income or cash flow from operations, as determined in accordance with accounting principles generally accepted in the United States of America. GCI's management uses Adjusted EBITDA to evaluate the operating performance of its business, and as a measure of performance for incentive compensation purposes. GCI believes Adjusted EBITDA is a measure used as an analytical indicator of income generated to service debt and fund capital expenditures. In addition, multiples of current or projected Adjusted EBITDA are used to estimate current or prospective enterprise value. Adjusted EBITDA does not give effect to cash used for debt service requirements, and thus does not reflect funds available for investment or other discretionary uses. Adjusted EBITDA as presented herein may not be comparable to similarly titled measures reported by other companies.
(2) Adjusted EBITDA before wireless acquisition transition costs.

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
WIRELINE SEGMENT SUPPLEMENTAL REVENUE SCHEDULES
(Unaudited)
(Amounts in thousands)
	First Quarter 2015										First Quarter 2014
				Business		Managed							Business		Managed
	Consumer			Services		Broadband		Total			Consumer		Services		Broadband		Total
Revenues
Wireless	$	16,410		1,794		—		18,204			7,491		745		—		8,236
Data	31,272			36,298		28,876		96,446			26,944		34,840		25,829		87,613
Video	29,225			4,414		—		33,639			27,249		5,152		—		32,401
Voice	7,801			10,706		5,089		23,596			8,445		11,741		5,330		25,516
Total	$	84,708		53,212		33,965		171,885			70,129		52,478		31,159		153,766
(Amounts in thousands)
	First Quarter 2015										Fourth Quarter 2014
				Business		Managed							Business		Managed
	Consumer			Services		Broadband		Total			Consumer		Services		Broadband		Total
Revenues
Wireless	$	16,410		1,794		—		18,204			9,158		381		—		9,539
Data	31,272			36,298		28,876		96,446			30,294		37,694		26,971		94,959
Video	29,225			4,414		—		33,639			29,159		10,068		—		39,227
Voice	7,801			10,706		5,089		23,596			7,839		10,253		5,309		23,401
Total	$	84,708		53,212		33,965		171,885			76,450		58,396		32,280		167,126

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
									March 31, 2015					March 31, 2015
									as compared to					as compared to
		March 31,		March 31,		December 31,			March 31,		December 31,			March 31,		December 31,
		2015		2014		2014			2014		2014			2014		2014
Wireline Segment
Consumer
Data
	Cable modem subscribers	121,700		116,400		119,100			5,300		2,600			4.6	%	2.2	%
Video
	Basic subscribers	114,700		118,000		116,400			(3,300	)	(1,700	)		(2.8	)%	(1.5	)%
	Digital programming tier subscribers	62,300		66,900		63,800			(4,600	)	(1,500	)		(6.9	)%	(2.4	)%
	HD/DVR converter boxes	109,900		101,200		108,400			8,700		1,500			8.6	%	1.4	%
	Homes passed	248,700		248,000		248,200			700		500			0.3	%	0.2	%
Voice
	Local access lines in service	53,400		59,800		54,600			(6,400	)	(1,200	)		(10.7	)%	(2.2	)%
Business Services
Data
	Cable modem subscribers	14,100		14,000		14,100			100		—			0.7	%	—	%
Video
	Hotels and mini-headend subscribers	17,100		17,000		17,100			100		—			0.6	%	—	%
	Basic subscribers	2,000		2,000		1,900			—		100			—	%	5.3	%
	Total basic subscribers	19,100		19,000		19,000			100		100			0.5	%	0.5	%
Voice
	Local access lines in service	47,500		48,500		47,400			(1,000	)	100			(2.1	)%	0.2	%
Consumer and Business Services Combined
Wireless
	Consumer Lifeline lines in service	26,300		29,500		25,000			(3,200	)	1,300			(10.8	)%	5.2	%
	Consumer Non-Lifeline lines in service	183,700		94,400		106,400			89,300		77,300			94.6	%	72.7	%
	Business Services Non-Lifeline lines in service	28,600		18,500		18,200			10,100		10,400			54.6	%	57.1	%
	Total wireless lines in service	238,600		142,400		149,600			96,200		89,000			67.6	%	59.5	%

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GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
												March 31, 2015							March 31, 2015
		Three Months Ended										as compared to							as compared to
		March 31,			March 31,			December 31,				March 31,			December 31,				March 31,		December 31,
		2015			2014			2014				2014			2014				2014		2014
Wireline segment
Consumer
Video
	Average monthly revenue per subscriber	$	84.37		$	76.98		$	83.57			$	7.39		$	0.80			9.6	%	1.0	%
Combined Consumer and Business Services
Data
	Average monthly revenue per cable modem subscriber	$	83.93		$	75.93		$	83.01			$	8.00		$	0.92			10.5	%	1.1	%
Wireless
	Average monthly revenue per subscriber	$	48.23		$	50.01		$	50.16			$	(1.78	)	$	(1.93	)		(3.6	)%	(3.8	)%