-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ME7lwhVdnaKinI90Jd444mG9cSHTVgL4BOmvxUMGdCtvcikpOCZW75BxugueOYK9 zVWGTf3iyhzFbUg+cOh6Vw== 0000808461-04-000021.txt : 20040630 0000808461-04-000021.hdr.sgml : 20040630 20040629194222 ACCESSION NUMBER: 0000808461-04-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040628 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL COMMUNICATION INC CENTRAL INDEX KEY: 0000808461 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 920072737 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15279 FILM NUMBER: 04889749 BUSINESS ADDRESS: STREET 1: 2550 DENALI ST STE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 BUSINESS PHONE: 9072655600 MAIL ADDRESS: STREET 1: 2550 DENALI STREET STREET 2: SUITE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 8-K 1 gci8k062804form.txt GENERAL COMMUNICATION, INC. FORM 8-K 06 28 2004 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): June 24, 2004 GENERAL COMMUNICATION, INC. (Exact Name of Registrant as Specified in its Charter) Alaska 0-15279 92-0072737 - --------------- ---------------------- ------------ (State or Other (Commission File Number) (IRS Employer Jurisdiction of Identification Incorporation) Number) 2550 Denali Street Suite 1000 Anchorage, Alaska 99503 ----------------------------------------------------- -------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (907) 868-5600 NONE ----------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events and Regulation FD Disclosure. General Communication, Inc. announced the following: The Regulatory Commission of Alaska issued an order setting prices for General Communication, Inc.'s lease of Alaska Communications Systems' lines for local telephone competition in Anchorage, Alaska. The order increases the lease rate from $14.92 to $19.15 per line per month. Mr. Jerry Edgerton has joined the GCI board of directors. Mr. Edgerton is the senior vice president of government markets with MCI. A copy of the press release is attached as Exhibit 99.1. The information contained in Exhibit 99.1 is incorporated by reference herein. Item 7. Financial Statements and Exhibits. (a) Financial statements of businesses acquired: None (b) Pro forma financial information: None (c) Exhibit: 99.1 Press release dated June 28, 2004 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENERAL COMMUNICATION, INC. --------------------------- (Registrant) Date: June 29, 2004 By /s/ John M. Lowber ----------------------------------- Name: John M. Lowber Title: Senior Vice President, Chief Financial Officer, Secretary and Treasurer (Principal Financial Officer) EXHIBIT INDEX Exhibit No. Description - ----------- -------------------------------------------------------- 99.1 Press release of General Communication, Inc., dated June 28, 2004. EX-99 2 gci8k062804exhibit.txt EXHIBIT 99.1 Exhibit 99.1 June 28, 2004 Contact: David Morris, (907) 265-5396 or dmorris@gci.com RCA ISSUES ORDER SETTING UNE AND WHOLESALE RATES IN ANCHORAGE ANCHORAGE -- The Regulatory Commission of Alaska (RCA) issued an order setting prices for GCI's lease of Alaska Communications Systems' (ACS) lines for local telephone competition in Anchorage. Although the RCA's ruling set rates for numerous elements of ACS' network, the most significant is the lease rate for local lines. The order increases the lease rate from $14.92 to $19.15 per line per month. In setting this rate, the RCA ruled on a variety of factors such as depreciation, cost of capital, cost of the network, maintenance and administrative overhead. GCI estimates today's ruling will increase its cost to provide competitive telephone service in Anchorage by approximately $265,000 per month. GCI is analyzing today's ruling and has not determined whether it will appeal. "Given the increased costs contained in today's order, the rate-of-return to deploy GCI's own network will be substantially increased," said Dana Tindall, GCI senior vice president of regulatory and legal affairs. "This creates incentive, which we are currently evaluating, for us to accelerate the deployment of our digital local telephone service." In other company news, Jerry Edgerton has joined the GCI board of directors. Mr. Edgerton is the senior vice president of government markets with MCI. GCI (NASDAQ: GNCMA) is an Alaska-based integrated communication provider that delivers voice, video and data services through its fiber optic, satellite, hybrid fiber coaxial and metropolitan area networks. More information about GCI can be found at www.gci.com. # # # -----END PRIVACY-ENHANCED MESSAGE-----