Exhibit 99.1

                    

GCI REPORTS FOURTH QUARTER 2016 FINANCIAL RESULTS
Net Loss of $16 million and $4 million for the Year
Consolidated Revenue of $232 million and $934 million for the Year
Adjusted EBITDA of $68 million and $288 million for the Year

March 1, 2017, Anchorage, Alaska - General Communication, Inc. (“GCI”) (NASDAQ: GNCMA) announces its results for the fourth quarter and year end 2016.
We achieved significant operational successes in the fourth quarter, the most prominent of which is the migration of all the acquired wireless subscribers and the shutdown of an additional wireless billing system as promised. The elimination of four billing platforms in 2016 not only saves us $5 million per year in direct payments to those vendors, it also drives simplicity in our business for both our customers and the hundreds of front-line employees that used them.
Topline revenue growth in 2016, absent the effect of our roaming and backhaul arrangements, was one percent. We expect similar revenue opportunities in 2017, and as such are focusing on growing free cash flow by continuing our efforts to simplify our business. In addition to the billing system savings and the circuit cost savings we expect to generate meaningful savings from our procurement initiative in 2017 and beyond.

Operating and Financial Highlights

Our fourth quarter revenues were $232 million, a decline of $4 million sequentially and $9 million from the fourth quarter of 2015. Adjusted EBITDA of $68 million was down $10 million from the third quarter and down $3 million year-over-year. The declines, both sequentially and year-over-year, were driven by lower roaming and backhaul revenues. Migrating all of the acquired subscribers off of the old billing system resulted in a write-off of the remaining term of that contract, driving SG&A costs up. SG&A was also negatively impacted by inventory write-offs and higher healthcare costs in the fourth quarter of 2016.
Wireless
Wireless segment revenues were $50 million for the quarter, down $10 million or 16 percent year-over-year and $2 million or four percent sequentially. The year-over-year decline is driven primarily by roaming and backhaul revenue reductions of $8 million. The sequential decline is due to the remaining seasonality in our roaming revenues.









The wireless segment revenue detail is as follows:

($ millions)
4Q16
4Q15
3Q16
Wholesale Wireless & Other
19
21
18
Roaming and Backhaul
18
26
21
USF Support
13
13
13
Total Wireless Revenue
50
60
52

Wireless segment Adjusted EBITDA was $32 million for the quarter, declining $7 million or 17 percent over the fourth quarter of 2015 and was flat compared with the third quarter of 2016. The year-over-year decline in Adjusted EBITDA was a result of our roaming and backhaul agreements. The sequential comparison was tempered by lower SG&A due to the absence of costs associated with the sale of our urban wireless towers and rooftop locations in the third quarter of 2016.
Wireline
Wireline segment revenues of $182 million during the quarter were up $1 million over the fourth quarter of 2015 and down $2 million or one percent over the prior quarter. Fewer wireless subscribers and lower wireless ARPU pressured these revenues but were offset by gains in business data.
Adjusted EBITDA for the quarter was $36 million, up $4 million or 12 percent year-over-year and down $10 million or 23 percent from the previous quarter. The year-over-year gain in Adjusted EBITDA was a result of improved margin in our business data product as we shed costs associated with the economically challenged professional services business. We have also made good progress reducing the costs we pay for circuits. Sequentially, the Adjusted EBITDA decline was the result of higher SG&A costs from the one-time expense of writing off the billing system used during the transition of our acquired wireless subscribers, inventory write-offs as well as higher healthcare costs.
Wireline - Consumer
Consumer revenues of $84 million in the fourth quarter are down $6 million or six percent year-over-year and down $4 million or five percent sequentially. Declines from the migration of our acquired wireless subscribers and lower ARPU as a result of equipment installment plans led to lower wireless revenue. Fewer video subscribers on a year-over-year basis pushed our video revenue down when compared with the fourth quarter of 2015. Sequentially, the decline is related to equipment sales.
Our total wireless subscribers were down 3,900 in the fourth quarter. These declines are due to billing system eliminations and normal seasonal changes in Lifeline and pre-paid subscribers.




Our cable modem subscribers were up 300 year-over-year and up 600 sequentially. We introduced the first product in our “Better than Unlimited” campaign, highlighting our enhanced red internet product. The red plan provides our signature 1 gigabit speed with 1 terabyte of data each month, which if entirely consumed then delivers endless streaming at speeds comparable to our competitors average speeds on their unlimited plans.
Wireline - GCI Business
GCI Business revenues were $98 million for the quarter, up $6 million or seven percent year-over-year and up $2 million or two percent sequentially. These gains are due to growth in the data product.
SG&A

SG&A expenses were $94 million during the quarter, up $5 million or six percent over last year and up $5 million or five percent sequentially. Growth in SG&A spending during the quarter is a result of a $2 million write-off of a legacy wireless billing platform, a $2 million write-off of obsolete inventory and higher employee healthcare costs in the fourth quarter of the year.

Capital Expenditures

Capital expenditures for the quarter totaled $67 million, bringing the total for the year to $209 million.
Stock Buybacks
GCI repurchased 0.6 million shares of its Class A common stock during the fourth quarter at a cost of $9 million, or $15.31 per share. For the year, we repurchased 3.5 million shares at a cost of $55 million or $15.68 per share.
Leverage
We have guided to net leverage in the range of 4.0x to 4.5x. After adding back the roaming adjustment, as our new Senior Credit Facility allows, we are just slightly over at 4.6x net leverage.

In 2017, our cash flow for the purposes of our senior credit facility leverage calculations will include a $20 million add-back for roaming cash received in excess of revenue.








The following table may be helpful to understand our leverage:

($ millions)
2016
Leverage on EBITDA
Leverage on Cash Flow
Total Debt
1,485
5.2x
4.7x
Less Cash
(19)
(0.1x)
(0.1x)
Net Debt
1,466
5.1x
4.6x
Adjusted EBITDA
288
 
 
Add back of roaming cash flows allowed by new credit facility
30
 
 
Cash Flow
318
 
 

2016 Versus Guidance
Our 2016 revenue was $934 million, at the bottom end of our $930 million to $980 million range.
Adjusted EBITDA in 2016 was $288 million which is within our upwardly revised guidance range $280 to $295 million.
Capital expenditures were $209 million versus guidance of $210 million.

2017 Guidance

Adjusted EBITDA is expected to be between $300 million and $325 million in 2017.

Capital expenditures are expected to be approximately $165 million in 2017, a reduction of 21 percent from our 2016 expenditures. This reduction represents our commitment to growing free cash flows in the face of continuing signs of economic challenges for Alaska.

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, March 2nd, 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: Heather Handyside, 907.868.6838, hhandyside@gci.com

#    #    #






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Amounts in thousands)
December 31,
ASSETS
2016
 
2015
Current assets:

 

Cash and cash equivalents
$
19,297

 
26,528

 
 
 
 
Receivables
219,794

 
208,384

Less allowance for doubtful receivables
4,407

 
3,630

Net receivables
215,387

 
204,754

 
 
 
 
Prepaid expenses
18,599

 
12,862

Inventories
11,945

 
11,322

Other current assets
167

 
3,129

Total current assets
265,395

 
258,595

 
 
 
 
Property and equipment
2,614,875

 
2,384,530

Less accumulated depreciation
1,452,957

 
1,290,149

Net property and equipment
1,161,918

 
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
74,444

 
69,290

Other assets
40,937

 
27,429

Total other assets
638,626

 
613,964

Total assets
$
2,065,939

 
1,966,940

 
 
 
 




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Continued)
 
 
 
 
(Amounts in thousands)
December 31,
LIABILITIES AND STOCKHOLDERS’ EQUITY
2016
 
2015
Current liabilities:
 
 
 
Current maturities of obligations under long-term debt, capital leases, and tower obligations
$
13,229

 
12,050

Accounts payable
72,937

 
63,014

Deferred revenue
37,618

 
34,128

Accrued payroll and payroll related obligations
30,305

 
31,337

Accrued liabilities
14,729

 
22,822

Accrued interest (including $5,132 to a related party at December 31, 2016 and 2015)
13,926

 
13,655

Subscriber deposits
917

 
1,242

Total current liabilities
183,661

 
178,248

 
 
 
 
Long-term debt, net (including $56,640 and $54,810 due to a related party at December 31, 2016 and 2015, respectively)
1,333,446

 
1,329,396

Obligations under capital leases, excluding current maturities (including $1,769 and $1,824 due to a related party at December 31, 2016 and 2015, respectively)
50,316

 
59,651

Deferred income taxes
137,982

 
106,145

Long-term deferred revenue
135,877

 
93,427

Tower obligation
87,653

 

Other liabilities (including $29,700 and $32,820 for derivative stock appreciation rights with a related party at December 31, 2016 and 2015, respectively)
83,756

 
80,812

Total liabilities
2,012,691

 
1,847,679

 
 
 
 
Commitments and contingencies
 
 
 
Stockholders’ equity:
 
 
 
Common stock (no par):
 
 
 
Class A. Authorized 100,000 shares; issued 32,668 and 35,593 shares at December 31, 2016 and 2015, respectively; outstanding 32,642 and 35,567 shares at December 31, 2016 and 2015, respectively

 

Class B. Authorized 10,000 shares; issued and outstanding 3,153 and 3,154 shares at December 31, 2016 and 2015, respectively; convertible on a share-per-share basis into Class A common stock
2,663

 
2,664

Less cost of 26 Class A common shares held in treasury at December 31, 2016 and 2015
(249
)
 
(249
)
Paid-in capital
3,237

 
6,631

Retained earnings
17,068

 
79,217

Total General Communication, Inc. stockholders' equity
22,719

 
88,263

Non-controlling interests
30,529

 
30,998

Total stockholders’ equity
53,248

 
119,261

Total liabilities and stockholders’ equity
$
2,065,939

 
1,966,940





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
YEARS ENDED DECEMBER 31, 2016, 2015, AND 2014
(Unaudited)
 
 
 
 
 
 
(Amounts in thousands, except per share amounts)
2016
 
2015
 
2014
Revenues:
 
 
 
 
 
Non-related party
$
933,812

 
973,251

 
850,656

Related party

 
5,283

 
59,542

Total revenues
933,812

 
978,534

 
910,198

 
 
 
 
 
 
Cost of goods sold (exclusive of depreciation and amortization shown separately below):
 
 
 
 
 
Non-related party
302,578

 
321,457

 
291,770

Related party

 
881

 
10,934

Total cost of goods sold
302,578

 
322,338

 
302,704

 
 
 
 
 
 
Selling, general and administrative expenses
 
 
 
 
 
Non-related party
358,356

 
337,839

 
289,674

Related party

 
540

 
3,973

Total selling, general and administrative expenses
358,356

 
338,379

 
293,647

 
 
 
 
 
 
Depreciation and amortization expense
193,775

 
181,767

 
170,285

Software impairment charge

 
29,839

 

Operating income
79,103

 
106,211

 
143,562

 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
(78,628
)
 
(78,786
)
 
(72,496
)
Related party interest expense
(7,455
)
 
(6,602
)
 

Derivative instrument unrealized income (loss) with related party
3,120

 
(11,160
)
 

Loss on extinguishment of debt
(640
)
 
(27,700
)
 

Impairment of equity method investment

 
(12,593
)
 

Other
5,569

 
2,917

 
(1,793
)
Other expense, net
(78,034
)
 
(133,924
)
 
(74,289
)
Income (loss) before income taxes
1,069

 
(27,713
)
 
69,273

Income tax (expense) benefit
(5,205
)
 
1,847

 
(10,029
)
Net income (loss)
(4,136
)
 
(25,866
)
 
59,244

Net income attributable to non-controlling interests
(469
)
 
159

 
51,687

Net income (loss) attributable to General Communication, Inc.
$
(3,667
)
 
(26,025
)
 
7,557

Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share
$
(0.10
)
 
(0.69
)
 
0.18

Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share
$
(0.10
)
 
(0.69
)
 
0.18

Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share
$
(0.15
)
 
(0.69
)
 
0.18

Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share
$
(0.15
)
 
(0.69
)
 
0.18

 
 
 
 
 
 
Common shares used to calculate Class A basic EPS
32,526

 
34,764

 
36,112

Common shares used to calculate Class A diluted EPS
36,318

 
37,921

 
39,386





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Fourth Quarter 2016
 
Fourth Quarter 2015
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
50,445

18,205

68,650

 
60,108

21,253

81,361

  Data

111,388

111,388

 

104,099

104,099

  Video

31,583

31,583

 

33,753

33,753

  Voice

20,672

20,672

 

22,131

22,131

    Total
50,445

181,848

232,293

 
60,108

181,236

241,344

 
 
 
 
 
 
 
 
Cost of goods sold
15,061

59,591

74,652

 
17,002

68,595

85,597

 
 
 
 
 
 
 
 
    Contribution
35,384

122,257

157,641

 
43,106

112,641

155,747

 
 
 
 
 
 
 
 
Less SG&A
(3,119
)
(90,595
)
(93,714
)
 
(4,488
)
(84,261
)
(88,749
)
Plus share-based compensation expense

3,223

3,223

 

2,828

2,828

Plus imputed interest on financed devices

672

672

 

313

313

Plus accretion
(246
)
235

(11
)
 
63

66

129

Other

(98
)
(98
)
 

253

253

    Adjusted EBITDA
$
32,019

35,694

67,713

 
38,681

31,840

70,521





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Fourth Quarter 2016
 
Third Quarter 2016
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
50,445

18,205

68,650

 
52,327

22,071

74,398

  Data

111,388

111,388

 

110,032

110,032

  Video

31,583

31,583

 

30,770

30,770

  Voice

20,672

20,672

 

21,455

21,455

    Total
50,445

181,848

232,293

 
52,327

184,328

236,655

 
 
 
 
 
 
 
 
Cost of goods sold
15,061

59,591

74,652

 
15,313

58,181

73,494

 
 
 
 
 
 
 
 
    Contribution
35,384

122,257

157,641

 
37,014

126,147

163,161

 
 
 
 
 
 
 
 
Less SG&A
(3,119
)
(90,595
)
(93,714
)
 
(5,138
)
(83,836
)
(88,974
)
Plus share-based compensation expense

3,223

3,223

 

2,810

2,810

Plus imputed interest on financed devices

672

672

 

651

651

Plus accretion
(246
)
235

(11
)
 
142

264

406

Other

(98
)
(98
)
 

131

131

    Adjusted EBITDA
$
32,019

35,694

67,713

 
32,018

46,167

78,185






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Twelve Months Ended December 31, 2016
 
Twelve Months Ended December 31, 2015
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
208,109

75,047

283,156

 
267,676

83,896

351,572

  Data

436,398

436,398

 

399,685

399,685

  Video

127,407

127,407

 

133,893

133,893

  Voice

86,851

86,851

 

93,384

93,384

    Total
208,109

725,703

933,812

 
267,676

710,858

978,534

 
 
 
 
 
 
 
 
Cost of goods sold
62,487

240,091

302,578

 
70,899

251,439

322,338

 
 
 
 
 
 
 
 
    Contribution
145,622

485,612

631,234

 
196,777

459,419

656,196

 
 
 
 
 
 
 
 
Less SG&A
(16,439
)
(341,917
)
(358,356
)
 
(18,137
)
(320,242
)
(338,379
)
Plus share-based compensation expense

11,043

11,043

 

10,902

10,902

Plus imputed interest on financed devices

2,557

2,557

 

751

751

Plus accretion
252

977

1,229

 
559

562

1,121

Other

337

337

 

(240
)
(240
)
    Adjusted EBITDA
$
129,435

158,609

288,044

 
179,199

151,152

330,351






General Communication, Inc.
Non-GAAP Financial Reconciliation Schedule
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in Thousands)
 
Three Months Ended
 
Twelve Months Ended
 
 
December 31,
 
December 31,
 
September 30,
 
December 31,
 
December 31,
 
 
2016
 
2015
 
2016
 
2016
 
2015
Net income (loss)
 
$
(16,243
)
 
(8,879
)
 
7,827

 
(4,136
)
 
(25,866
)
Income tax expense (benefit)
 
(2,391
)
 
3,110

 
2,407

 
5,205

 
(1,847
)
Income (loss) before income taxes
 
(18,634
)
 
(5,769
)
 
10,234

 
1,069

 
(27,713
)
 
 
 
 
 
 
 
 
 
 
 
Other (income) expense:
 
 
 
 
 
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
 
20,429

 
19,073

 
19,666

 
78,628

 
78,786

Related party interest expense
 
1,897

 
1,842

 
1,881

 
7,455

 
6,602

Derivative instrument unrealized income (loss) with related party
 
12,720

 
6,120

 
(4,800
)
 
(3,120
)
 
11,160

Loss on extinguishment of debt
 
640

 

 

 
640

 
27,700

Impairment of equity method investment
 

 

 

 

 
12,593

Other
 
(3,867
)
 
(472
)
 
(613
)
 
(5,569
)
 
(2,917
)
Other expense, net
 
31,819

 
26,563

 
16,134

 
78,034

 
133,924

 
 
 
 
 
 
 
 
 
 
 
Operating income
 
13,185

 
20,794

 
26,368

 
79,103

 
106,211

Plus depreciation and amortization expense
 
50,742

 
46,204

 
47,819

 
193,775

 
181,767

Plus software impairment charge
 

 

 

 

 
29,839

Plus share-based compensation expense
 
3,223

 
2,828

 
2,810

 
11,043

 
10,902

Plus imputed interest on financed devices
 
672

 
313

 
651

 
2,557

 
751

Plus (less) accretion expense
 
(11
)
 
129

 
406

 
1,229

 
1,121

Other
 
(98
)
 
253

 
131

 
337

 
(240
)
Adjusted EBITDA (Note 1)
 
$
67,713

 
70,521

 
78,185

 
288,044

 
330,351

 
 
 
 
 
 
 
 
 
 
 
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,
Gain recorded for adjusting to fair value assets that were included as consideration paid to acquire a fiber
system, 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)
 
 
 
 
 
 
 
 
Fourth Quarter 2016
 
Fourth Quarter 2015
 
 
Business
 
 
 
Business
 
 
Consumer
Services
Total
 
Consumer
Services
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
16,170

2,035

18,205

 
19,233

2,020

21,253

  Data
35,163

76,225

111,388

 
34,442

69,657

104,099

  Video
26,011

5,572

31,583

 
28,445

5,308

33,753

  Voice
6,377

14,295

20,672

 
7,160

14,971

22,131

    Total
$
83,721

98,127

181,848

 
89,280

91,956

181,236

 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
Fourth Quarter 2016
 
Third Quarter 2016
 
 
Business
 
 
 
Business
 
 
Consumer
Services
Total
 
Consumer
Services
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
16,170

2,035

18,205

 
19,866

2,205

22,071

  Data
35,163

76,225

111,388

 
35,255

74,777

110,032

  Video
26,011

5,572

31,583

 
26,134

4,636

30,770

  Voice
6,377

14,295

20,672

 
6,551

14,904

21,455

    Total
$
83,721

98,127

181,848

 
87,806

96,522

184,328

 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
Twelve Months Ended December 31, 2016
 
Twelve Months Ended December 31, 2015
 
 
Business
 
 
 
Business
 
 
Consumer
Services
Total
 
Consumer
Services
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
66,225

8,822

75,047

 
75,799

8,097

83,896

  Data
140,196

296,202

436,398

 
130,213

269,472

399,685

  Video
107,305

20,102

127,407

 
115,074

18,819

133,893

  Voice
26,734

60,117

86,851

 
30,110

63,274

93,384

    Total
$
340,460

385,243

725,703

 
351,196

359,662

710,858

 
 
 
 
 
 
 
 






GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
December 31, 2016
 
 

 
as compared to
 
as compared to
 
 
December 31,
December 31,
September 30,
 
December 31,
September 30,
 
December 31,
September 30,
 
 
2016
2015
2016
 
2015
2016
 
2015
2016
Wireline Segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
127,600

127,300

127,000

 
300

600

 
0.2
 %
0.5
 %
Video
 
 
 
 
 
 
 
 
 
 
Basic subscribers
107,700

114,000

108,900

 
(6,300
)
(1,200
)
 
(5.5
)%
(1.1
)%
 
Digital programming tier subscribers
52,000

59,500

54,400

 
(7,500
)
(2,400
)
 
(12.6
)%
(4.4
)%
 
HD/DVR converter boxes
115,900

114,000

117,300

 
1,900

(1,400
)
 
1.7
 %
(1.2
)%
 
Homes passed
250,800

251,900

250,200

 
(1,100
)
600

 
(0.4
)%
0.2
 %
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
48,600

50,400

49,000

 
(1,800
)
(400
)
 
(3.6
)%
(0.8
)%
Business Services
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
13,200

12,700

13,200

 
500


 
3.9
 %
 %
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
45,900

46,600

46,100

 
(700
)
(200
)
 
(1.5
)%
(0.4
)%
Consumer and Business Services Combined
Wireless
 
 
 
 
 
 
 
 
 
 
Consumer Lifeline lines in service
27,200

28,100

28,700

 
(900
)
(1,500
)
 
(3.2
)%
(5.2
)%
 
Consumer prepaid lines in service
28,500

23,800

29,600

 
4,700

(1,100
)
 
19.7
 %
(3.7
)%
 
Consumer postpaid lines in service
139,200

146,300

141,000

 
(7,100
)
(1,800
)
 
(4.9
)%
(1.3
)%
 
Business Services postpaid lines in service
27,600

29,600

27,100

 
(2,000
)
500

 
(6.8
)%
1.8
 %
 
Total wireless lines in service
222,500

227,800

226,400

 
(5,300
)
(3,900
)
 
-2.3
 %
-1.7
 %















GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
December 31, 2016
 
 
Three Months Ended
 
as compared to
 
as compared to
 
 
December 31,
December 31,
September 30,
 
December 31,
September 30,
 
December 31,
September 30,
 
 
2016
2015
2016
 
2015
2016
 
2015
2016
Wireline segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Video
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
79.94

$
83.10

$
79.63

 
$
(3.16
)
$
0.31

 
(3.8
)%
0.4
 %
 
 
 
 
 
 
 
 
 
 
 
Combined Consumer and Business Services
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per cable modem subscriber
$
88.85

$
87.31

$
88.54

 
$
1.54

$
0.31

 
1.8
 %
0.4
 %
 
 
 
 
 
 
 
 
 
 
 
Wireless
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
37.10

$
43.37

$
37.21

 
$
(6.27
)
$
(0.11
)
 
(14.5
)%
(0.3
)%