Summary: GCI Inc.

Standard & Poors, November 2010

Abstract
The ratings on Anchorage-based GCI Inc. reflect its significant exposure to the highly competitive Alaskan telecom market, lack of geographic diversity, uncertain growth prospects from expansion projects, and elevated leverage for the rating level. Tempering factors include GCI's well-positioned, although maturing, incumbent cable TV business and limited competition from direct-to-home (DTH) satellite; growth in wireless services; and bundled service offerings, which help improve customer retention. GCI primarily offers telecommunications and cable TV services in Alaska. The local telecom business has shown solid growth, including attaining a wireline phone penetration almost equal to the incumbent local exchange carrier (ILEC) Alaska Communications Systems Holdings Inc. (ACS) in a number of major Alaskan markets. Still, GCI still faces highly competitive conditions. The network...

Companies mentioned in this report are: GCI Inc.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

GCI Inc.

Customers who bought this item also bought

• U.S. Education Vertical Communication Service and Solution Markets
• U.S. Government State & Local Focus - Transportation & Infrastructure IT/Telecom Markets
• United Kingdom Defence and Security Report Q1 2013
• Hungary Defence and Security Report 2012
• America's Top-Rated Cities 2012 Edition
• Singapore Defence and Security Report Q4 2011
• U.S. Education Vertical Telecom Services Markets
• The European Defence Support Services Market Report 2009
• Telecommunications and Data Communications Handbook. 2nd Edition
• Argentina Infrastructure Report Q2 2012