Exhibit 99.1

                    

GCI REPORTS THIRD QUARTER 2016 FINANCIAL RESULTS
Net Income of $8 million
Consolidated Revenue of $237 million
Adjusted EBITDA up $7 million sequentially

November 2, 2016, Anchorage, Alaska - General Communication, Inc. (“GCI”) (NASDAQ: GNCMA) announces its results for the third quarter of 2016.
Operationally, this was one of our best quarters ever, and it showed up in our EBITDA growth of $7 million sequentially. We saw growth of data revenue, reductions in Cost of Goods Sold, significant risk reduction from the high cost reform, and our Senior Credit Facility refinance is imminent. Finally, we are close to eliminating our fourth billing system of the year which significantly simplifies our business and will lead to reductions of over $5 million per year in cost paid to those billing system providers.
Significant Updates

Change in Adjusted EBITDA Calculation: In March 2016 we noted, with our annual guidance, that we would be including in our Adjusted EBITDA, $30 million in cash payments under our roaming agreements in excess of GAAP revenues. GAAP requires revenues on long term contracts like our roaming agreements to be recognized on a straight line basis. We believe the contractual payment streams more accurately reflect the economics of the contracts. However, recent SEC interpretations and comments have made clear that these types of adjustments are generally inappropriate. Thus, we have elected, in the absence of any direct discussions with the SEC, to eliminate the adjustment both prospectively and retrospectively. This will not affect either our cash flow or the leverage on our new Senior Credit Facility which calculates leverage on the contractual payment streams.
High Cost Reform Update: On August 31st, the FCC released an Order adopting the Alaska Plan for high cost universal service funding, which is a huge step towards keeping existing and bringing new advanced broadband communications to rural Alaska. This Order largely completes the reform of the federal universal service high cost support in the State, providing the certainty and stability necessary to continue deployment of new telecommunications infrastructure in rural Alaska. We are pleased with this outcome.
The financial impact to GCI is twofold:
1.
Our rural high cost payments will remain unchanged at $55 million annually over the next ten years, subject to performance commitments and elimination of any duplicative support after five years.
2.
Urban high cost support was phased down 20 percent per year in 2012 and 2013 and subsequently frozen. Under the Alaska plan, this revenue will continue to phase




down from the frozen 60 percent level of $11 million to 40 percent in 2017, 20 percent in 2018 and then to zero.

Credit Facility Refinance: We expect to close on a refinancing of our Senior Credit Facility term loan and revolver this month. The terms will be substantially similar to the current facility, with the maturity extended to five years from the closing date. This will extend our earliest debt maturity out to 2021.
Operating and Financial Highlights

We achieved net income in the quarter of $8 million, up $5 million from the second quarter of 2016 and down $10 million year-over-year.
Our third quarter revenues and Adjusted EBITDA were $237 million and $78 million respectively, representing sequential growth of 1% and 9%, respectively. Growth was primarily driven by strength in data revenue and cost reductions including what we pay other carriers for circuit costs. On a year-over-year basis, revenues and Adjusted EBITDA declined $22 million and $18 million, respectively. As previously disclosed, we believe year-over-year comparisons are less relevant due to the change in roaming and backhaul agreements with our large wireless customers.
Wireless
Wireless segment revenues were $52 million for the quarter, down $28 million or 35 percent year-over-year and $2 million or three percent sequentially. The year-over-year decline is driven primarily by roaming and backhaul but also by lower plan fee revenue from declining wireless ARPU.
Wireless segment Adjusted EBITDA was $32 million for the quarter, declining $25 million or 44 percent over the third quarter of 2015 and was $1 million or two percent lower compared with the second quarter of 2016. The year-over-year decline in Adjusted EBITDA was a result of our roaming and backhaul agreements.

The wireless segment revenue detail is as follows:

($ millions)
3Q16
3Q15
2Q16
Wholesale Wireless
16
20
17
Roaming and Backhaul
21
45
21
USF Support
13
15
13
Other
2
0
3
Total Wireless Revenue
52
80
54





Wireline
Wireline segment revenues of $184 million during the quarter were up $6 million or three percent over the third quarter of 2015 and up $4 million or two percent over the prior quarter. Declines in voice and video were offset by strong gains in both Consumer and Business data revenues.
Adjusted EBITDA for the quarter was $46 million, up $7 million or 18 percent year-over-year and up $7 million or 19 percent from the previous quarter. The sequential gain in Adjusted EBITDA was the result of growth in data revenues and cost reductions; particularly in our professional services business, which operates primarily in the economically challenged oil industry.
Wireline - Consumer
Consumer revenues of $88 million in the third quarter are flat year-over-year and up $4 million or four percent sequentially. Year-over-year growth in data ARPU driven by migration to higher plan tiers contributed to a nine percent, or $3 million, increase in data revenues. This gain was offset by declining voice and video subscribers. Sequentially, the growth was related to wireless handsets.
Total wireless subscribers were down 1,700 for the quarter as we continue transitioning the acquired wireless subscriber base. We ended the quarter with just 5,700 subscribers left to transition, down from 20,000 at the end of the second quarter. We currently have fewer than 1,000 remaining and we expect to complete the transition in the fourth quarter.
Our cable modem subscribers were up 2,700 year-over-year and flat sequentially. Towards the end of the quarter, we introduced new data plans which pick up where our competitor leaves off. Our new plans start at 50Mbps for $59.99 and additional plans are available up to our 1 Gig plans. These speeds are a compelling offer over what is available from our competitors.
Wireline - GCI Business
GCI Business revenues were $97 million for the quarter. This is up $6 million or seven percent compared with the same period in 2015 and up $1 million or one percent sequentially.
SG&A

SG&A expenses were $89 million during the quarter, up $6 million or eight percent over last year and up $1 million or one percent sequentially. Spending on our billing system conversion is reflected in the increase in SG&A. As part of our billing system conversion, we have eliminated three wireless billing platforms and with the completion of our acquired subscriber transition this year we will eliminate a fourth.





Capital Expenditures

Capital expenditures for the quarter totaled $58 million, bringing the total for the year to $142 million.
Stock Buybacks
GCI repurchased 1.8 million shares of its Class A common stock during the third quarter at a cost of $27 million, or $14.85 per share.
Leverage
We have guided to net leverage in the range of 4.0x to 4.5x, although we have noted that we would go outside of that for compelling reasons. The change in Adjusted EBITDA calculation means that we are slightly above 4.5x net leverage. However, when you add back the roaming adjustment, as our new Senior Credit Facility will allow, we are at 4.2x net leverage.

The following table may be helpful to understand our leverage:

($ millions)
3Q16
Leverage on EBITDA
Leverage on Cash Flow
Total Debt
1,484
5.0x
4.5x
Less Cash
(93)
(0.3x)
(0.3x)
Net Debt
1,391
4.6x
4.2x
Adjusted EBITDA (Last 2 quarters annualized)
299
 
 
Add back of roaming cash flows allowed by new credit facility
30
 
 
Annualized Cash Flow
329
 
 

2016 Guidance
Revenue is expected to be between $930 million and $980 million in 2016.
Previously our Adjusted EBITDA guidance was between $295 million and $325 million, including the $30 million adjustment. The change in the roaming adjustment would imply guidance of $265 to $295 million. We are increasing the guidance to $280 to $295 million.
Capital expenditures are expected to be approximately $210 million.

Use of Non-GAAP Measure

Adjusted EBITDA is presented herein and is a non-GAAP measure. See our attached financials for a reconciliation of this non-GAAP measure to the nearest GAAP measure.





Adjusted EBITDA guidance is a forward-looking non-GAAP financial measure presented herein. Reconciliation to the most directly comparable GAAP financial measure is not provided because we are unable to provide such reconciliation without unreasonable effort.  The inability to provide a reconciliation is due to the uncertainty and inherent difficulty regarding the occurrence, the financial impact and the periods with respect to recognition of future GAAP financial measures.  We also believe that such a reconciliation would imply an inappropriate degree of precision.  For the same reasons, we are unable to address the probable significance of the unavailable information.

Conference Call

The company will hold a conference call to discuss the financial results on Thursday, November 3rd, at 2:00 p.m. (Eastern). To access the call, call the conference operator between 1:45-2:00 p.m. (Eastern) at 844-850-0551 (International callers should dial +1-412-902-4197) 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 ir.gci.com and follow the instructions.
A replay of the call will be available, beginning at 4:00pm, for 72-hours by dialing 877-344-7529, access code 10094070 (International callers should dial +1-412-317-0088).
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 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.
Contacts:
Investors: Kyle Jones, 907.868.7105, kjones@gci.com
Media: David Morris, 907.868.5396, dmorris@gci.com

#    #    #




 
GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Amounts in thousands)
 
 
 
 
September 30,
 
December 31,
ASSETS
2016
 
2015
Current assets:
 
 
 
Cash and cash equivalents
$
92,622

 
26,528

 
 
 
 
Receivables
200,294

 
208,384

Less allowance for doubtful receivables
4,436

 
3,630

Net receivables
195,858

 
204,754

 
 
 
 
Prepaid expenses
16,253

 
12,862

Inventories
7,966

 
11,322

Other current assets
173

 
3,129

Total current assets
312,872

 
258,595

 
 
 
 
Property and equipment
2,505,753

 
2,384,530

Less accumulated depreciation
1,412,540

 
1,290,149

Net property and equipment
1,093,213

 
1,094,381

 
 
 
 
Goodwill
239,263

 
239,263

Cable certificates
191,635

 
191,635

Wireless licenses
92,347

 
86,347

Other intangible assets, net of amortization
70,062

 
69,290

Other assets
32,560

 
27,429

Total other assets
625,867

 
613,964

Total assets
$
2,031,952

 
1,966,940

 
 
 
 




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Continued)
(Amounts in thousands)
 
 
 
 
September 30,
 
December 31,
LIABILITIES AND STOCKHOLDERS’ EQUITY
2016
 
2015
Current liabilities:
 
 
 
  Current maturities of obligations under long-term debt,
capital leases, and tower obligation
$
13,046

 
12,050

Accounts payable
51,551

 
63,014

Deferred revenue
33,115

 
34,128

Accrued payroll and payroll related obligations
29,251

 
31,337

Accrued interest (including $3,718 and $5,132 to a related party at September 30, 2016 and December 31, 2015, respectively)
25,465

 
13,655

Accrued liabilities
17,002

 
22,822

Subscriber deposits
876

 
1,242

Total current liabilities
170,306

 
178,248

 
 
 
 
Long-term debt, net (including $56,157 and $54,810 to a related party at September 30, 2016 and December 31, 2015, respectively)
1,330,199

 
1,329,396

Obligations under capital leases, excluding current maturities (including $1,785 and $1,824 due to a related party at September 30, 2016 and December 31, 2015, respectively)
52,713

 
59,651

Deferred income taxes
113,710

 
106,145

Long-term deferred revenue
120,875

 
93,427

Tower obligation
88,060

 

Other liabilities (including $16,980 and $32,820 for derivative stock appreciation rights with a related party at September 30, 2016 and December 31, 2015, respectively)
64,202

 
80,812

Total liabilities
1,940,065

 
1,847,679

 
 
 
 
Commitments and contingencies
 
 
 
Stockholders’ equity:
 

 
 

Common stock (no par):
 

 
 

Class A. Authorized 100,000 shares; issued 33,164 and 35,593 shares at September 30, 2016 and December 31, 2015, respectively; outstanding 33,138 and 35,567 shares at September 30, 2016 and December 31, 2015, respectively

 

Class B. Authorized 10,000 shares; issued and outstanding 3,154 at September 30, 2016 and December 31, 2015; convertible on a share-per-share basis into Class A common stock
2,664

 
2,664

Less cost of 26 Class A common shares held in treasury at September 30, 2016 and December 31, 2015
(249
)
 
(249
)
Paid-in capital
14,609

 
6,631

Retained earnings
44,215

 
79,217

Total General Communication, Inc. stockholders' equity
61,239

 
88,263

Non-controlling interests
30,648

 
30,998

Total stockholders’ equity
91,887

 
119,261

Total liabilities and stockholders’ equity
$
2,031,952

 
1,966,940






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(Amounts in thousands, except per share amounts)
2016
 
2015
 
2016
 
2015
Revenues:
 
 
 
 
 
 
 
Non-related party
$
236,655

 
258,573

 
701,519

 
731,907

Related party

 

 

 
5,283

Total revenues
236,655

 
258,573

 
701,519

 
737,190

 
 
 
 
 
 
 
 
Cost of goods sold (exclusive of depreciation and amortization shown separately below):
 
 
 
 
 
 
 
Non-related party
73,494

 
82,717

 
227,926

 
235,860

Related party

 

 

 
881

Total cost of goods sold
73,494

 
82,717

 
227,926

 
236,741

 
 
 
 
 
 
 
 
Selling, general and administrative expenses:
 
 
 
 
 
 
 
Non-related party
88,974

 
82,655

 
264,642

 
249,090

Related party

 

 

 
540

Total selling, general and administrative expenses
88,974

 
82,655

 
264,642

 
249,630

 
 
 
 
 
 
 
 
Depreciation and amortization expense
47,819

 
45,157

 
143,033

 
135,563

Software impairment charge

 
2,571

 

 
29,839

Operating income
26,368

 
45,473

 
65,918

 
85,417

 
 
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
(19,666
)
 
(19,260
)
 
(58,199
)
 
(59,713
)
Related party interest expense
(1,881
)
 
(1,828
)
 
(5,558
)
 
(4,760
)
Derivative instrument unrealized income (loss) with related party
4,800

 
30

 
15,840

 
(5,040
)
Loss on extinguishment of debt

 

 

 
(27,700
)
Impairment of equity method investment

 

 

 
(12,593
)
Other
613

 
1,202

 
1,702

 
2,445

Other expense, net
(16,134
)
 
(19,856
)
 
(46,215
)
 
(107,361
)
 
 
 
 
 
 
 
 
Income (loss) before income taxes
10,234

 
25,617

 
19,703

 
(21,944
)
Income tax (expense) benefit
(2,407
)
 
(8,122
)
 
(7,596
)
 
4,957

Net income (loss)
7,827

 
17,495

 
12,107

 
(16,987
)
 
 
 
 
 
 
 
 
Net income (loss) attributable to non-controlling interests
(116
)
 
(136
)
 
(350
)
 
278

Net income (loss) attributable to General Communication, Inc.
$
7,943

 
17,631

 
12,457

 
(17,265
)
 
 
 
 
 
 
 
 
Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share
$
0.21

 
0.45

 
0.33

 
(0.45
)
Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share
$
0.21

 
0.45

 
0.33

 
(0.45
)
Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share
$
0.14

 
0.44

 
0.08

 
(0.45
)
Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share
$
0.14

 
0.44

 
0.08

 
(0.45
)
Common shares used to calculate Class A basic EPS
32,033

 
34,031

 
33,008

 
35,037

Common shares used to calculate Class A diluted EPS
35,478

 
38,115

 
36,793

 
38,195






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Third Quarter 2016
 
Third Quarter 2015
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
52,327

22,071

74,398

 
80,424

21,487

101,911

  Data

110,032

110,032

 

100,245

100,245

  Video

30,770

30,770

 

32,959

32,959

  Voice

21,455

21,455

 

23,458

23,458

    Total
52,327

184,328

236,655

 
80,424

178,149

258,573

 
 
 
 
 
 
 
 
Cost of goods sold
15,313

58,181

73,494

 
18,031

64,686

82,717

 
 
 
 
 
 
 
 
    Contribution
37,014

126,147

163,161

 
62,393

113,463

175,856

 
 
 
 
 
 
 
 
Less SG&A
(5,138
)
(83,836
)
(88,974
)
 
(5,115
)
(77,540
)
(82,655
)
Plus share-based compensation

2,810

2,810

 

2,660

2,660

Plus imputed interest on financed devices

651

651

 

268

268

Plus accretion
142

264

406

 
126

65

191

Other

131

131

 

206

206

    Adjusted EBITDA
$
32,018

46,167

78,185

 
57,404

39,122

96,526





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Third Quarter 2016
 
Second Quarter 2016
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
52,327

22,071

74,398

 
53,875

17,973

71,848

  Data

110,032

110,032

 

108,007

108,007

  Video

30,770

30,770

 

31,645

31,645

  Voice

21,455

21,455

 

22,266

22,266

    Total
52,327

184,328

236,655

 
53,875

179,891

233,766

 
 
 
 
 
 
 
 
Cost of goods sold
15,313

58,181

73,494

 
17,081

61,060

78,141

 
 
 
 
 
 
 
 
    Contribution
37,014

126,147

163,161

 
36,794

118,831

155,625

 
 
 
 
 
 
 
 
Less SG&A
(5,138
)
(83,836
)
(88,974
)
 
(4,171
)
(83,851
)
(88,022
)
Plus share-based compensation

2,810

2,810

 

2,683

2,683

Plus imputed interest on financed devices

651

651

 

633

633

Plus accretion
142

264

406

 
211

231

442

Other

131

131

 

179

179

    Adjusted EBITDA
$
32,018

46,167

78,185

 
32,834

38,706

71,540






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
157,664

56,842

214,506

 
207,568

62,643

270,211

  Data

325,010

325,010

 

295,586

295,586

  Video

95,824

95,824

 

100,140

100,140

  Voice

66,179

66,179

 

71,253

71,253

    Total
157,664

543,855

701,519

 
207,568

529,622

737,190

 
 
 
 
 
 
 
 
Cost of goods sold
47,426

180,500

227,926

 
53,897

182,844

236,741

 
 
 
 
 
 
 
 
    Contribution
110,238

363,355

473,593

 
153,671

346,778

500,449

 
 
 
 
 
 
 
 
Less SG&A
(13,320
)
(251,322
)
(264,642
)
 
(13,649
)
(235,981
)
(249,630
)
Plus share-based compensation

7,820

7,820

 

8,074

8,074

Plus imputed interest on financed devices

1,885

1,885

 

438

438

Plus accretion
498

742

1,240

 
496

496

992

Other

435

435

 

(493
)
(493
)
    Adjusted EBITDA
$
97,416

122,915

220,331

 
140,518

119,312

259,830






General Communication, Inc.
 
 
 
 
 
 
 
 
Non-GAAP Financial Reconciliation Schedule
 
 
 
 
 
 
 
 
(Unaudited, Amounts in Thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
June 30,
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2016
 
2015
Net income (loss)
 
$
7,827

 
17,495

 
3,298

 
12,107

 
(16,987
)
Income tax expense (benefit)
 
2,407

 
8,122

 
2,122

 
7,596

 
(4,957
)
Income (loss) before income taxes
 
10,234

 
25,617

 
5,420

 
19,703

 
(21,944
)
 
 
 
 
 
 
 
 
 
 
 
Other (income) expense:
 
 
 
 
 
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
 
19,666

 
19,260

 
19,362

 
58,199

 
59,713

Related party interest expense
 
1,881

 
1,828

 
1,846

 
5,558

 
4,760

Derivative instrument unrealized (income) loss with related party
 
(4,800
)
 
(30
)
 
(6,510
)
 
(15,840
)
 
5,040

Loss on extinguishment of debt
 

 

 

 

 
27,700

Impairment on equity method investment
 

 

 

 

 
12,593

Other
 
(613
)
 
(1,202
)
 
(587
)
 
(1,702
)
 
(2,445
)
Other expense, net
 
16,134

 
19,856

 
14,111

 
46,215

 
107,361

 
 
 
 
 
 
 
 
 
 
 
Operating income
 
26,368

 
45,473

 
19,531

 
65,918

 
85,417

Plus depreciation and amortization expense
 
47,819

 
45,157

 
48,072

 
143,033

 
135,563

Plus software impairment charge
 

 
2,571

 

 

 
29,839

Plus share-based compensation expense
 
2,810

 
2,660

 
2,683

 
7,820

 
8,074

Plus imputed interest on financed devices
 
651

 
268

 
633

 
1,885

 
438

Plus accretion expense
 
406

 
191

 
442

 
1,240

 
992

Other
 
131

 
206

 
179

 
435

 
(493
)
Adjusted EBITDA (Note 1)
 
$
78,185

 
96,526

 
71,540

 
220,331

 
259,830

 
 
 
 
 
 
 
 
 
 
 
Note:
 
 
 
 
 
 
 
 
 
 
(1) Earnings plus imputed interest on financed devices before:
Net interest expense,
Income taxes,
Depreciation and amortization expense,
Loss on extinguishment of debt,
Software impairment charge,
Derivative instrument unrealized income (loss),
Share-based compensation expense,
Accretion expense,
Loss attributable to non-controlling interest resulting from NMTC transactions,
Gains and impairment losses on equity and cost method investments, and
Other non-cash adjustments.

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 useful to investors and other users of our financial information in understanding and evaluating operating performance 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.





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
WIRELINE SEGMENT SUPPLEMENTAL REVENUE SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
 
Third Quarter 2016
 
Third Quarter 2015
 
Consumer
Business
Total
 
Consumer
Business
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
19,866

2,205

22,071

 
19,451

2,036

21,487

  Data
35,255

74,777

110,032

 
32,465

67,780

100,245

  Video
26,134

4,636

30,770

 
28,483

4,476

32,959

  Voice
6,551

14,904

21,455

 
7,420

16,038

23,458

    Total
$
87,806

96,522

184,328

 
87,819

90,330

178,149

 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
Third Quarter 2016
 
Second Quarter 2016
 
Consumer
Business
Total
 
Consumer
Business
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
19,866

2,205

22,071

 
15,651

2,322

17,973

  Data
35,255

74,777

110,032

 
34,818

73,189

108,007

  Video
26,134

4,636

30,770

 
26,813

4,832

31,645

  Voice
6,551

14,904

21,455

 
6,764

15,502

22,266

    Total
$
87,806

96,522

184,328

 
84,046

95,845

179,891

 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015
 
Consumer
Business
Total
 
Consumer
Business
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
50,055

6,787

56,842

 
56,566

6,077

62,643

  Data
105,033

219,977

325,010

 
95,771

199,815

295,586

  Video
81,294

14,530

95,824

 
86,629

13,511

100,140

  Voice
20,357

45,822

66,179

 
22,950

48,303

71,253

    Total
$
256,739

287,116

543,855

 
261,916

267,706

529,622

 
 
 
 
 
 
 
 






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
September 30, 2016
 
 

 
as compared to
 
as compared to
 
 
September 30,
September 30,
June 30,
 
September 30,
June 30,
 
September 30,
June 30,
 
 
2016
2015
2016
 
2015
2016
 
2015
2016
Wireline Segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
127,000

124,300

127,000

 
2,700


 
2.2
 %
 %
Video
 
 
 
 
 
 
 
 
 
 
Basic subscribers
108,900

113,600

110,000

 
(4,700
)
(1,100
)
 
(4.1
)%
(1.0
)%
 
Digital programming tier subscribers
54,400

59,500

55,600

 
(5,100
)
(1,200
)
 
(8.6
)%
(2.2
)%
 
HD/DVR converter boxes
117,300

110,700

117,800

 
6,600

(500
)
 
6.0
 %
(0.4
)%
 
Homes passed
250,200

251,200

249,500

 
(1,000
)
700

 
(0.4
)%
0.3
 %
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
49,000

51,000

49,500

 
(2,000
)
(500
)
 
(3.9
)%
(1.0
)%
Business
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
13,200

14,200

13,000

 
(1,000
)
200

 
(7.0
)%
1.5
 %
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
46,100

47,100

46,200

 
(1,000
)
(100
)
 
(2.1
)%
(0.2
)%
Consumer and Business Combined
Wireless
 
 
 
 
 
 
 
 
 
 
Consumer Lifeline lines in service
28,700

28,100

28,400

 
600

300

 
2.1
 %
1.1
 %
 
Consumer prepaid lines in service
29,600

27,100

27,900

 
2,500

1,700

 
9.2
 %
6.1
 %
 
Consumer postpaid lines in service
141,000

146,700

143,900

 
(5,700
)
(2,900
)
 
(3.9
)%
(2.0
)%
 
Business postpaid lines in service
27,100

30,000

27,900

 
(2,900
)
(800
)
 
(9.7
)%
(2.9
)%
 
Total wireless lines in service
226,400

231,900

228,100

 
(5,500
)
(1,700
)
 
(2.4
)%
-0.7
 %















GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 30, 2016
 
September 30, 2016
 
 
Three Months Ended
 
as compared to
 
as compared to
 
 
September 30,
September 30,
June 30,
 
September 30,
June 30,
 
September 30,
June 30,
 
 
2016
2015
2016
 
2015
2016
 
2015
2016
Wireline segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Video
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
79.63

$
80.85

$
80.38

 
$
(1.22
)
$
(0.75
)
 
(1.5
)%
(0.9
)%
 
 
 
 
 
 
 
 
 
 
 
Combined Consumer and Business
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per cable modem subscriber
$
88.54

$
84.87

$
88.32

 
$
3.67

$
0.22

 
4.3
 %
0.2
 %
 
 
 
 
 
 
 
 
 
 
 
Wireless
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
37.21

$
44.24

$
39.22

 
$
(7.03
)
$
(2.01
)
 
(15.9
)%
(5.1
)%