Top 5 Defensive Stocks To Own For 2016: General Communication Inc.(GNCMA)
General Communication, Inc. provides communication services to residential and business customers under the GCI and Alaska Wireless brand names in Alaska. The company?s Consumer segment provides local and long distance voice services; video services and products, including cable, high-definition television, digital video recorder, premium channel programming, video on demand, and pay-per-view programming services; Internet access; and fixed and mobile wireless voice and data services. This segment also sells handsets, personal computer wireless data cards, and accessories to residential customers; and offers bundled services and products, which comprise long-distance, cable television, cable modem Internet access, local access, and wireless services. Its Network Access segment provides interstate and intrastate-switched message telephone, multi-protocol label switching, frame relay, private line and dedicated Internet, and wireless services to GSM and CDMA wireless carrie rs. The company?s Commercial segment offers local and long distance communication, video, Internet, data network, managed, wireless, and bundled products and services. Its Managed Broadband segment offers Internet access, data network, and managed services to rural school districts, hospitals, and health clinics. The company?s Regulated Operations segment provides wireline communications services, including local access and long-distance, and Internet services and products, to residential, business, and governmental customers in areas of rural Alaska. General Communication, Inc. sells its services primarily through direct contact marketing, as well as through local media advertising, and its retail stores and Website. As of December 31, 2011, it had approximately 87,900 long-distance customers, 138,100 local access lines in service, 142,600 basic cable subscribers, 139,900 wireless subscribers, and 119,400 cable modem subscribers. The company was fou! nded in 1979 and is bas e d in Anchorage, Alaska.
Advisors' Opinion:- [By Dan Radovsky]
Alaska Communications and General Communications, (NASDAQ: GNCMA ) , or GCI, today signed the network sharing agreement they proposed last summer.
- [By Lisa Levin]
Long Distance Carriers: This industry fell 1.97% by 10:50 am ET. General Communication (NASDAQ: GNCMA) shares dropped 2.2% in today's trading. General Communication's trailing-twelve-month profit margin is 0.98%.
- [By Dan Radovsky]
Alaska Communications and General Communication (NASDAQ: GNCMA ) -- also known as GCI -- have finalized the transaction they proposed last summer to form The Alaska Wireless Network, or AWN, both companies announced today.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-defensive-stocks-to-own-for-2016.html
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