Exhibit 99.1

                    

GCI REPORTS FOURTH QUARTER 2014 FINANCIAL RESULTS
Consolidated Revenue of $229 Million and $910 million for the Year
Adjusted EBITDA of $71 million and $323 million for the year

March 4, 2015, Anchorage, Alaska - General Communication, Inc. (“GCI”) (NASDAQ: GNCMA) today reported record performance for 2014, with consolidated revenues for 2014 of $910 million, adjusted EBITDA of $323 million, and net income of $8 million or $0.18 per share. Strong performance in the quarter boosted revenues above guidance and brought adjusted EBITDA in at the high end of the previously increased guidance.
For the fourth quarter of 2014, consolidated revenues and adjusted EBITDA were $229 million and $71 million, respectively, with revenues and adjusted EBITDA growing five and four percent over the same period of 2013, respectively. This growth was driven, in part, by increases in subscribers and average revenue per user (ARPU) for both wireless and high speed data services.
Sequential quarter-over-quarter revenues and EBITDA declined, consistent with seasonal expectations of decreased wireless roaming activity, higher SG&A expenses and a decrease in political advertising revenue during the fourth quarter.
Core cash capital expenditures for the year totaled approximately $164 million, which included $47 million on wireless network and infrastructure projects and $90 million on other network and infrastructure projects. This is slightly less than the previously provided guidance of $170 million.
“2014 was a year of strong growth and continued investment for GCI,” said Ron Duncan, GCI’s president and chief executive officer. “We had substantial increases in both subscribers and ARPU for the wireless and the high-speed data businesses. We also made material investments in our infrastructure, positioning ourselves for the future. We now have the fastest LTE network and the broadest wireless coverage in Alaska, along with an unsurpassed wired high-speed data network for consumer and business customers. Going into 2015 our challenge will be to continue the growth in all of our businesses while integrating the AWN customers into a single, comprehensive wireless network.”
Operating Statistical Highlights
 
4Q14
4Q13
3Q14
Wireless non-Lifeline Subscribers (GCI)
124,600
112,200
121,300
Wireless ARPU (GCI)
$50.16
$49.38
$50.87
Cable Modem Subscribers
133,200
129,300
131,200
Data ARPU
$83.01
$74.65
$80.20




GCI wireless subscribers grew substantially year-over-year and sequentially, while wireless ARPU has remained stable. Cable modem subscribers grew three percent year-over-year, with the “March to a Gig” and “re:D” programs driving growth in both subscribers and ARPU.
Operating and Financial Highlights
Both Wireless and Wireline segment results are materially affected by The Alaska Wireless Network (“AWN”) transaction, which was effective July 23, 2013. Year-over-year comparisons should take this into account.
Wireless:
The Wireless segment, which includes wholesale wireless services to GCI and, prior to February 2, 2015, to Alaska Communications, posted revenues of $62 million for the quarter, representing a slight decline over the fourth quarter of 2013 and declined 19 percent over the third quarter of 2014.
The Wireless revenue detail is as follows:

($ millions)
4Q14
4Q13
3Q14
Wholesale wireless
25
24
25
Roaming and Backhaul
23
25
38
USF Support
14
13
13
Total Wireless Revenue
62
62
76

The sequential quarter-over-quarter decline in revenues is due to the seasonal nature of roaming activity, which is highest during the second and third quarters. However, GCI gained 3,300 non-Lifeline customers in the fourth quarter, for a total gain in the year of 12,400
As noted in previous quarters, under the AWN operating agreement, each operating partner is entitled to receive certain reimbursements for customer equipment, commonly known as “handset subsidies,” according to a schedule for qualified devices. GCI elected not to seek any handset subsidies beginning in the third quarter of 2013, and reversed the preliminary subsidies booked. This decision was made due to internal system limitations on tracking the subsidies with the level of precision required. GCI resumed seeking handset subsidies in the second quarter of 2014. There was no net financial impact on the consolidated results, but rather a shift of EBITDA between segments. To best understand the segment results, the reported results must be normalized for this.



Wireless adjusted EBITDA for the quarter was $33 million. Normalizing the reported results for the handset subsidy, the results would be instead:

($millions)
4Q14
4Q13
3Q14
Wireless Reported Adjusted EBITDA
33
43
47
Wireless Reported Subsidy to GCI Wireline
7
0
6
Wireless Adjusted EBITDA without Subsidy
40
43
53
Normalized Subsidy
7
9
6
Wireless Pro Forma Adjusted EBITDA
33
34
47
Wireless Pro Forma Adj. EBITDA Margin
53%
55%
62%

Thus, on a normalized basis, the Wireless adjusted EBITDA declined slightly on a year-over-year basis. Sequentially, adjusted EBITDA was down 30 percent, which is consistent with the prior year.
Recent service accomplishments and improvements in Wireless have included:
•
A recent independent test of wireless data network service in Juneau showed that the company is outperforming competitors in several key areas, including 4G LTE download speeds.
•
The expansion of 3G wireless data service to over a dozen rural communities, including Bethel, Kotzebue, and Nome.

Wireline:
The Wireline segment posted revenues of $167 million, a seven percent increase over the fourth quarter of 2013 and a two percent increase over the prior quarter. Adjusted EBITDA was reported at $38 million. Normalizing the reported results for the handset subsidy issue mentioned above, the results would be:
($millions)
4Q14
4Q13
3Q14
Wireline Reported Adjusted EBITDA
38
25
46
Wireline Reported Subsidy to GCI Wireline
7
0
6
Wireline Adjusted EBITDA without Subsidy
31
25
40
Normalized Subsidy
7
9
6
Wireline Pro Forma Adjusted EBITDA
38
34
46
Wireline Pro Forma Adj. EBITDA Margin
23%
22%
28%

Normalized adjusted EBITDA increased 12 percent on a year-over-year basis and decreased 17 percent on a sequential basis. The quarter-over-quarter decrease in EBITDA was consistent with seasonal expectations and driven by elevated SG&A and lower political advertising revenues experienced during the fourth quarter



Wireline - Consumer:
Consumer revenues were $76 million for the quarter, a year-over-year increase of ten percent, and a five percent increase on a sequential basis.
Of particular note has been the consistently strong growth of Consumer high speed data products, which continue to grow revenues year-over-year at a double digit rate, including growth in both high speed data subscribers and ARPU. This revenue growth was driven in part by the continued adoption of GCI’s industry-leading high speed data product “re:D”. Consumer wireless also showed consistent and strong growth.
Recent product and service announcements in Consumer have included:
•
The launch of the “No Worries” Broadband Internet plan, which provides customers the option to manage monthly bills with no surprises.
•
Announcement that 1-gigabit high speed data service is being planned for Fairbanks and Juneau, and that 250 Mbps service has been expanded to seven markets within Alaska.
•
The expansion of GCI TV powered by TiVo in Barrow, Bethel, Kotzebue and Nome.
•
The UpgradeNow and “bring your own device” programs have shifted handsets-financed versus subsidized from less than 20 percent to over 50 percent in the last two months.
•
Wireless shared data plans have been widely accepted, and, with customer retention tools, have brought wireless postpaid churn to under two percent for the fourth quarter.

Wireline - Business Services:
Business Services revenues, which includes broadcast and cable advertising revenues, were $58 million for the quarter, representing four percent growth year-over-year and a two percent decline sequentially over the prior quarter.
The video products showed particular strength year-over-year due to the inclusion of Denali Media and the impact of political advertising on cable and Denali Media.
The Business Services Data products can be further detailed as follows:
($millions)
4Q14
4Q13
3Q14
Data Transport and Storage
26
24
25
Professional Services
12
12
12
Total Data Revenue
38
36
37

Although Professional Services for oil and gas were stable during the fourth quarter, low oil prices continue to put pressure on this sector.



Wireline - Managed Broadband:
Managed Broadband revenues were $32 million for the quarter, representing seven percent growth year-over-year and one percent growth sequentially. This growth derives from the continued success of the TERRA project in serving the rural communities of western Alaska. Within the past quarter, the TERRA project has been extended north as far as Kotzebue, and the TERRA-Yukon system has been extended to Galena from the east.

Significant Events
On December 4, 2014, GCI announced that it would be purchasing the wireless subscriber base of Alaska Communications (ACS), as well as purchasing ACS’ remaining one third interest in AWN, our wholesale wireless joint venture. This transaction closed on February 2, 2015. GCI now has sole ownership of the largest wireless network in Alaska.
As of September 30, 2014 ACS reported approximately 109,000 wireless subscribers. Due to a number of factors including subsequent subscriber losses, differences in methods of counting subscribers and exclusion of internal subscribers from the transaction, the actual number of customers in good standing we acquired on February 2, 2015 was approximately 20 percent lower, or about 87,000.  These numbers are preliminary, and will be finalized in the first quarter 2015 financial release. The impact of these lower number of acquired subscribers is expected to be minimal due to a combination of low ARPU, reduced phone subsidy requirements and an estimated $4.4 million in purchase price reductions related to the subscriber attrition.
Also on February 2, 2015, GCI closed on two previously announced financings: a $275 million Term Loan B financing and a $75 million unsecured note. The Term Loan B financing has a seven year term, and is priced at LIBOR plus 375 basis points, with a one percent LIBOR floor. The unsecured note, with Searchlight Capital Partners, has an eight year term and bears a 7.5 percent annual coupon. Attached to this note are stock appreciation rights.
Guidance
GCI today announced the following guidance for 2015 financial performance:
•
Revenues will be in the range of $920 - 970 million.
•
Adjusted EBITDA will be in the range of $310 - 335 million, which excludes one time costs of approximately $30 million for the transition of ACS wireless customers to GCI.
•
Core cash 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 Thursday, March 5th, at 2:00 p.m. (Eastern). To access the call, call the conference operator between



1:50-2:00 p.m. (Eastern) at 888-970-4173 (International callers should dial +1-517-308-9060) 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 888-296-6945, access code 7461 (International callers should dial +1-402-998-0535).
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.



GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Amounts in thousands)
 
 
 
 
December 31,
 
December 31,
ASSETS
2014
 
2013
Current assets:
 
 
 
Cash and cash equivalents
$
15,402

 
44,971

 
 
 
 
Receivables (including $27,944 and $28,029 from a related party at December 31, 2014 and 2013, respectively)
212,441

 
228,372

Less allowance for doubtful receivables
4,542

 
2,346

Net receivables
207,899

 
226,026

 
 
 
 
Deferred income taxes
56,120

 
39,753

Inventories
17,032

 
10,347

Prepaid expenses
12,179

 
7,725

Other current assets
153

 
230

Total current assets
308,785

 
329,052

 
 
 
 
Property and equipment in service, net of depreciation
1,013,242

 
969,578

Construction in progress
99,240

 
87,476

Net property and equipment
1,112,482

 
1,057,054

 
 
 
 
Goodwill
229,560

 
219,041

Cable certificates
191,635

 
191,635

Wireless licenses
86,347

 
91,400

Other intangible assets, net of amortization
66,015

 
71,435

Deferred loan and senior notes costs, net of amortization of $8,644 and $6,545 at December 31, 2014 and 2013, respectively
10,949

 
12,129

Other assets
52,725

 
40,061

Total other assets
637,231

 
625,701

Total assets
$
2,058,498

 
2,011,807

 
 
 
 



GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Continued)
(Amounts in thousands)
 
 
 
 
December 31,
 
December 31,
LIABILITIES AND STOCKHOLDERS’ EQUITY
2014
 
2013
Current liabilities:
 
 
 
  Current maturities of obligations under long-term debt and
    capital leases
$
8,722

 
9,301

Accounts payable (including $7,447 and $11,221 to a related party at December 31, 2014 and 2013, respectively)
76,918

 
65,095

Accrued payroll and payroll related obligations
32,803

 
29,855

Deferred revenue
29,314

 
27,586

Accrued liabilities
14,457

 
14,359

Accrued interest
6,654

 
7,088

Subscriber deposits
1,212

 
1,326

Total current liabilities
170,080

 
154,610

 
 
 
 
Long-term debt, net
1,036,056

 
1,045,144

Obligations under capital leases, excluding current maturities
66,499

 
66,261

Obligation under capital lease due to related party, excluding
  current maturity
1,857

 
1,880

Deferred income taxes
187,872

 
161,476

Long-term deferred revenue
85,734

 
88,259

Other liabilities
43,178

 
36,823

Total liabilities
1,591,276

 
1,554,453

 
 
 
 
Commitments and contingencies
 
 
 
Stockholders’ equity:
 

 
 

Common stock (no par):
 

 
 

Class A. Authorized 100,000 shares; issued 37,998 and 37,299 shares at December 31, 2014 and 2013, respectively; outstanding 37,972 and 37,209 shares at December 31, 2014 and 2013, respectively
13,617

 
11,467

Class B. Authorized 10,000 shares; issued and outstanding 3,159 and 3,165 shares at December 31, 2014 and 2013, respectively; convertible on a share-per-share basis into Class A common stock
2,668

 
2,673

Less cost of 26 and 90 Class A common shares held in treasury at December 31, 2014 and 2013, respectively
(249
)
 
(866
)
Paid-in capital
26,773

 
26,880

Retained earnings
124,547

 
116,990

Total General Communication, Inc. stockholders' equity
167,356

 
157,144

Non-controlling interests
299,866

 
300,210

Total stockholders’ equity
467,222

 
457,354

Total liabilities and stockholders’ equity
$
2,058,498

 
2,011,807





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENTS
YEARS ENDED DECEMBER 31, 2014, 2013, AND 2012
(Unaudited)
 
 
 
 
 
 
(Amounts in thousands, except per share amounts)
2014
 
2013
 
2012
Revenues:
 
 
 
 
 
Non-related party
$
850,656

 
782,971

 
710,181

Related party
59,542

 
28,677

 
—

Total revenues
910,198

 
811,648

 
710,181

 
 
 
 
 
 
Cost of goods sold (exclusive of depreciation and amortization shown separately below):
 
 
 
 
 
Non-related party
291,770

 
275,701

 
247,501

Related party
10,934

 
4,761

 
—

Total cost of goods sold
302,704

 
280,462

 
247,501

 
 
 
 
 
 
Selling, general and administrative expenses:
 
 
 
 
 
Non-related party
289,674

 
268,026

 
241,079

Related party
3,973

 
3,039

 
2,169

Total selling, general and administrative expenses
293,647

 
271,065

 
243,248

 
 
 
 
 
 
Depreciation and amortization expense
170,285

 
147,259

 
130,452

Operating income
143,562

 
112,862

 
88,980

 
 
 
 
 
 
Other expense:
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
(72,496
)
 
(69,725
)
 
(67,747
)
Other
(1,793
)
 
(453
)
 
17

Other expense
(74,289
)
 
(70,178
)
 
(67,730
)
Income before income tax expense
69,273

 
42,684

 
21,250

Income tax expense
(10,029
)
 
(10,957
)
 
(12,088
)
 
 
 
 
 
 
Net income
59,244

 
31,727

 
9,162

Net income (loss) attributable to non-controlling interests
51,687

 
22,321

 
(511
)
Net income attributable to General Communication, Inc.
$
7,557

 
9,406

 
9,673

Basic net income attributable to General Communication, Inc. common stockholders per Class A common share
$
0.18

 
0.23

 
0.23

Basic net income attributable to General Communication, Inc. common stockholders per Class B common share
$
0.18

 
0.23

 
0.23

Diluted net income attributable to General Communication, Inc. common stockholders per Class A common share
$
0.18

 
0.23

 
0.23

Diluted net income attributable to General Communication, Inc. common stockholders per Class B common share
$
0.18

 
0.23

 
0.23

Common shares used to calculate Class A basic EPS
38,219

 
37,732

 
38,560

Common shares used to calculate Class A diluted EPS
41,493

 
41,040

 
42,119





GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Fourth Quarter 2014
 
Fourth Quarter 2013
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
61,665

9,539

71,204

 
62,209

7,368

69,577

  Data
—

94,959

94,959

 
—

87,080

87,080

  Video
—

39,227

39,227

 
—

32,867

32,867

  Voice
—

23,401

23,401

 
—

28,304

28,304

    Total
61,665

167,126

228,791

 
62,209

155,619

217,828

 
 
 
 
 
 
 
 
Cost of goods sold
24,686

56,961

81,647

 
13,333

65,137

78,470

 
 
 
 
 
 
 
 
    Contribution
36,979

110,165

147,144

 
48,876

90,482

139,358

 
 
 
 
 
 
 
 
Less SG&A
4,443

74,712

79,155

 
6,259

66,841

73,100

Plus share-based compensation
—

2,268

2,268

 
—

1,909

1,909

Plus accretion
148

140

288

 
270

(653
)
(383
)
Other
—

109

109

 
—

(6
)
(6
)
    Adjusted EBITDA
$
32,684

37,970

70,654

 
42,887

24,891

67,778




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Fourth Quarter 2014
 
Third Quarter 2014
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
61,665

9,539

71,204

 
76,398

8,823

85,221

  Data
—

94,959

94,959

 
—

92,208

92,208

  Video
—

39,227

39,227

 
—

38,328

38,328

  Voice
—

23,401

23,401

 
—

24,968

24,968

    Total
61,665

167,126

228,791

 
76,398

164,327

240,725

 
 
 
 
 
 
 
 
Cost of goods sold
24,686

56,961

81,647

 
24,021

52,880

76,901

 
 
 
 
 
 
 
 
    Contribution
36,979

110,165

147,144

 
52,377

111,447

163,824

 
 
 
 
 
 
 
 
Less SG&A
4,443

74,712

79,155

 
5,336

67,447

72,783

Plus share-based compensation
—

2,268

2,268

 
—

2,153

2,153

Plus accretion
148

140

288

 
238

121

359

Other
—

109

109

 
—

(359
)
(359
)
    Adjusted EBITDA
$
32,684

37,970

70,654

 
47,279

45,915

93,194




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
SUPPLEMENTAL SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
Twelve Months Ended December 31, 2014
 
Twelve Months Ended December 31, 2013
 
Wireless
Wireline
 
 
Wireless
Wireline
 
 
Segment
Segment
Total
 
Segment
Segment
Total
Revenues
 
 
 
 
 
 
 
  Wireless
$
269,977

33,747

303,724

 
197,218

30,903

228,121

  Data
—

363,255

363,255

 
—

349,883

349,883

  Video
—

144,434

144,434

 
—

126,539

126,539

  Voice
—

98,785

98,785

 
—

107,105

107,105

    Total
269,977

640,221

910,198

 
197,218

614,430

811,648

 
 
 
 
 
 
 
 
Cost of goods sold
90,920

211,784

302,704

 
68,086

212,376

280,462

 
 
 
 
 
 
 
 
    Contribution
179,057

428,437

607,494

 
129,132

402,054

531,186

 
 
 
 
 
 
 
 
Less SG&A
21,631

272,016

293,647

 
20,030

251,035

271,065

Plus share-based compensation
—

8,392

8,392

 
—

6,638

6,638

Plus accretion
733

516

1,249

 
507

(430
)
77

Other
—

(372
)
(372
)
 
—

447

447

    Adjusted EBITDA
$
158,159

164,957

323,116

 
109,609

157,674

267,283






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,
 
 
2014
 
2013
 
2014 (Note 2)
 
2014
 
2013
Net income
 
$
5,796

 
4,525

 
25,847

 
59,244

 
31,727

Income tax expense
 
1,400

 
2,800

 
5,078

 
10,029

 
10,957

Income before income tax expense
 
7,196

 
7,325

 
30,925

 
69,273

 
42,684

 
 
 
 
 
 
 
 
 
 
 
Other expense:
 
 
 
 
 
 
 
 
 
 
Interest expense (including amortization of deferred loan fees)
 
18,267

 
17,875

 
17,848

 
72,496

 
69,725

Other
 
84

 
223

 
563

 
1,793

 
453

Other expense
 
18,351

 
18,098

 
18,411

 
74,289

 
70,178

 
 
 
 
 
 
 
 
 
 
 
Operating income
 
25,547

 
25,423

 
49,336

 
143,562

 
112,862

Depreciation and amortization expense
 
42,442

 
40,835

 
41,705

 
170,285

 
147,259

Share-based compensation
 
2,268

 
1,909

 
2,153

 
8,392

 
6,638

Accretion
 
288

 
(383
)
 
359

 
1,249

 
77

Other
 
109

 
(6
)
 
(359
)
 
(372
)
 
447

Adjusted EBITDA (Note 1)
 
$
70,654

 
67,778

 
93,194

 
323,116

 
267,283

 
 
 
 
 
 
 
 
 
 
 
(1) Earnings Before Interest, Taxes, Depreciation and Amortization is the sum of Net Income, Interest Expense (including Amortization of Deferred Loan Fees), Interest Income, Income Tax Expense, Depreciation and Amortization Expense, share-based compensation, accretion expense, net income or loss attributable to non-controlling interests resulting from New Markets Tax Credit transactions, non-cash contribution adjustment, 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 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) Net income and income tax expense changed from what was previously reported due to an error in the calculation of our estimated effective tax rate for the year. Net income and income tax expense have been restated to report the correct amounts.




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
WIRELINE SEGMENT SUPPLEMENTAL REVENUE SCHEDULES
(Unaudited)
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
Fourth Quarter 2014
 
Fourth Quarter 2013
 
 
Business
Managed
 
 
 
Business
Managed
 
 
Consumer
Services
Broadband
Total
 
Consumer
Services
Broadband
Total
Revenues
 
 
 
 
 
 
 
 
 
  Wireless
$
9,158

381

—

9,539

 
6,724

644

—

7,368

  Data
30,294

37,694

26,971

94,959

 
26,290

35,739

25,051

87,080

  Video
29,159

10,068

—

39,227

 
27,993

4,874

—

32,867

  Voice
7,839

10,253

5,309

23,401

 
8,348

14,741

5,215

28,304

    Total
$
76,450

58,396

32,280

167,126

 
69,355

55,998

30,266

155,619

 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
Fourth Quarter 2014
 
Third Quarter 2014
 
 
Business
Managed
 
 
 
Business
Managed
 
 
Consumer
Services
Broadband
Total
 
Consumer
Services
Broadband
Total
Revenues
 
 
 
 
 
 
 
 
 
  Wireless
$
9,158

381

—

9,539

 
7,989

834

—

8,823

  Data
30,294

37,694

26,971

94,959

 
28,755

36,857

26,596

92,208

  Video
29,159

10,068

—

39,227

 
27,896

10,432

—

38,328

  Voice
7,839

10,253

5,309

23,401

 
7,972

11,657

5,339

24,968

    Total
$
76,450

58,396

32,280

167,126

 
72,612

59,780

31,935

164,327

 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
 
 
 
 
 
 
 
 
 
Twelve Months Ended December 31, 2014
 
Twelve Months Ended December 31, 2013
 
 
Business
Managed
 
 
 
Business
Managed
 
 
Consumer
Services
Broadband
Total
 
Consumer
Services
Broadband
Total
Revenues
 
 
 
 
 
 
 
 
 
  Wireless
$
30,998

2,749

—

33,747

 
28,031

2,872

—

30,903

  Data
113,306

144,945

105,004

363,255

 
99,740

154,498

95,645

349,883

  Video
111,175

33,259

—

144,434

 
111,368

15,171

—

126,539

  Voice
32,535

45,010

21,240

98,785

 
35,666

50,273

21,166

107,105

    Total
$
288,014

225,963

126,244

640,221

 
274,805

222,814

116,811

614,430

 
 
 
 
 
 
 
 
 
 




GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
December 31, 2014
 
 

 
as compared to
 
as compared to
 
 
December 31,
December 31,
September 30,
 
December 31,
September 30,
 
December 31,
September 30,
 
 
2014
2013
2014
 
2013
2014
 
2013
2014
Wireline Segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
119,100

115,300

117,000

 
3,800

2,100

 
3.3
 %
1.8
 %
Video
 
 
 
 
 
 
 
 
 
 
Basic subscribers
116,400

117,900

115,900

 
(1,500
)
500

 
(1.3
)%
0.4
 %
 
Digital programming tier subscribers
63,800

67,500

64,200

 
(3,700
)
(400
)
 
(5.5
)%
(0.6
)%
 
HD/DVR converter boxes
108,400

96,900

105,600

 
11,500

2,800

 
11.9
 %
2.7
 %
 
Homes passed
248,200

247,400

248,000

 
800

200

 
0.3
 %
0.1
 %
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
54,600

61,000

55,900

 
(6,400
)
(1,300
)
 
(10.5
)%
(2.3
)%
Business Services
 
 
 
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Cable modem subscribers
14,100

14,000

14,200

 
100

(100
)
 
0.7
 %
(0.7
)%
Video
 
 
 
 
 
 
 
 
 
 
Hotels and mini-headend subscribers
17,100

16,800

19,800

 
300

(2,700
)
 
1.8
 %
(13.6
)%
 
Basic subscribers
1,900

2,000

1,900

 
(100
)
—

 
(5.0
)%
—
 %
 
Total basic subscribers
19,000

18,800

21,700

 
200

(2,700
)
 
1.1
 %
(12.4
)%
Voice
 
 
 
 
 
 
 
 
 
 
Local access lines in service
47,400

48,800

47,400

 
(1,400
)
—

 
(2.9
)%
—
 %
Consumer and Business Services Combined
Wireless
 
 
 
 
 
 
 
 
 
 
Consumer Lifeline lines in service
25,000

29,300

25,600

 
(4,300
)
(600
)
 
(14.7
)%
(2.3
)%
 
Consumer Non-Lifeline lines in service
106,400

93,600

102,700

 
12,800

3,700

 
13.7
 %
3.6
 %
 
Business Services Non-Lifeline lines in service
18,200

18,600

18,600

 
(400
)
(400
)
 
(2.2
)%
(2.2
)%
 
Total wireless lines in service
149,600

141,500

146,900

 
8,100

2,700

 
5.7
 %
1.8
 %



GENERAL COMMUNICATION, INC. AND SUBSIDIARIES
KEY PERFORMANCE INDICATORS
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
December 31, 2014
 
 
Three Months Ended
 
as compared to
 
as compared to
 
 
December 31,
December 31,
September 30,
 
December 31,
September 30,
 
December 31,
September 30,
 
 
2014
2013
2014
 
2013
2014
 
2013
2014
Wireline segment
 
 
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
Video
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
83.57

$
78.84

$
80.22

 
$
4.73

$
3.35

 
6.0
%
4.2
 %
 
 
 
 
 
 
 
 
 
 
 
Combined Consumer and Business Services
 
 
 
 
 
 
Data
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per cable modem subscriber
$
83.01

$
74.65

$
80.20

 
$
8.36

$
2.81

 
11.2
%
3.5
 %
 
 
 
 
 
 
 
 
 
 
 
Wireless
 
 
 
 
 
 
 
 
 
 
Average monthly revenue per subscriber
$
50.16

$
49.38

$
50.87

 
$
0.78

$
(0.71
)
 
1.6
%
(1.4
)%