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GCI REPORTS 1992 PROFITS

 ANCHORAGE, Alaska, March 31 /PRNewswire/ -- General Communication Inc. (GCI) (NASDAQ: GNCMA) today reported a consolidated net income for 1992 of $890,000, or 2 cents per share. This compares with a 1991 net loss of $1,092,000, or 12 cents per share.
 Revenues for 1992 totaled $96,499,000, a 28-percent increase over 1991 revenues of $75,522,000.
 Operating income for 1992 totaled $5,269,000, compared to 1991 operating income of $1,557,000.
 Wilson Hughes, GCI's executive vice-president and general manager, attributed the substantial increase in revenues to increased calling volume primarily due to GCI's introduction of in-state services in May 1991. GCI's wholly owned subsidiary, GCI Network Systems Inc., also reported increases in sales. Additional increases in revenues stemmed from GCI's operator and telephone relay services and growth in traffic carried for MCI and U S Sprint.
 GCI, established in 1982, is a long distance telephone carrier and has more than 80,000 customers throughout Alaska.
 -0- 3/31/93
 /CONTACT: John Lowber, 907-265-5628, or Wilson Hughes, 907-265-5608, both of General Communication; or Bonnie Bernholz of Bernholz & Graham, 907-561-4488, for General Communication/
 (GNCMA)


CO: General Communication Inc. ST: Alaska IN: TLS SU: ERN

SW-LM -- SE008 -- 1379 03/31/93 09:17 EST
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Publication:PR Newswire
Date:Mar 31, 1993
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