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GCI REPORTS FIRST-QUARTER 1993 PROFIT

 ANCHORAGE, Alaska, May 18 /PRNewswire/ -- General Communication Inc. (NASDAQ: GNCMA) (GCI) today reported a consolidated net income for the first quarter of 1993 totaling $579,000, or 3 cents per share. This compares with first-quarter 1992 net income of $245,000, or 2 cents per share.
 First-quarter revenues totaled $23,672,000, a 7.6-percent increase over first-quarter 1992 revenues of $22,002,000.
 Operating income for the quarter totaled $1,682,000, an increase of 19 percent over the 1992 first-quarter operating income of $1,408,000.
 Wilson Hughes, GCI executive vice president and general manager, attributed the improvement in revenues to a steadily increasing business market share, additional services and growth in northbound traffic.
 Compared to 1992, operating income increased in 1993 as a result of the increase in revenues, and reductions in operating costs as a percentage of revenues. A reduction in interest expense, principally due to acquisition late in 1992 of undersea fiber capacity that the company had been leasing, contributed to an increase in net income.
 GCI, an Alaska-based long-distance telephone carrier, has more than 80,000 customers throughout Alaska.
 -0- 5/18/93
 /CONTACT: John Lowber or Linda Duck of GCI, 907-265-5600; or Bonnie Bernholz of Bernholz & Graham, 907-561-4488, for GCI/
 (GNCMA)


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

LC-LM -- SE008 -- 9858 05/18/93 14:28 EDT
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Publication:PR Newswire
Date:May 18, 1993
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