General Communication Inc. (GCI) has announced the passing of Bob Walp, one of the company’s co-founders and its first president. He was 89 years old. A steadfast advocate of competition in the Alaska telecommunications industry, Walp, along with Ron Duncan, founded GCI in 1979. Initially they operated the company from Bob’s small apartment in Anchorage. After battling regulatory and business obstacles, …
Alaska’s contractors could feel the pinch of GCI’s capex belt tightening
Alaska’s General Communication, Inc. (GCI) announced yesterday that its deal to sell approximately 275 urban wireless towers and rooftop sites to Florida-based towerco Vertical Bridge closed Monday, providing the company with approximately $90 million in the transaction that was announced in May. The largest Alaska-based and operated, integrated telecommunications provider, however, also announced some unsettling news to its vendors and …
