Record Revenue and OIBDA Growth
GCI reported its best quarter ever with revenue of $266 million and adjusted OIBDA of $111 million, representing increases of 9% and 23% respectively over the prior year.
Expansion of Services in Rural Alaska
GCI completed the connection of Bethel, the largest community in Western Alaska, with fiber from Anchorage, offering 5G wireless and 2.5 gigabits unlimited broadband services.
Successful Refinancing of Credit Facility
GCI refinanced its senior credit facility, securing a $450 million revolver maturing in 2030 and a $300 million Term Loan A maturing in 2031, providing good liquidity.
Partially Restored Network After Fiber Break
GCI, in cooperation with Quintillion, partially restored network services disrupted by a fiber break using LEO satellite capacity and rerouted connections.