Learn about the Artifact Discovery at Kotzebue >

Press Release: GCI Subsidiary Awarded $88 Million in Federal Broadband Stimulus Funding

ANCHORAGE, Alaska, Jan. 25 /PRNewswire-FirstCall/ -- GCI (Nasdaq: GNCMA) received notice today that the U.S. Department of Agriculture's Rural Utilities Service ("RUS") had approved United Utilities, Inc's application for an $88 million loan/grant combination to extend terrestrial broadband service for the first time to Bristol Bay and the Yukon-Kuskokwim Delta ("Y-K Delta"), an area roughly the size of the state of North Dakota. United Utilities, Inc. ("UUI") is a wholly owned subsidiary of GCI.

"All of us at UUI and GCI are delighted to hear about the RUS award," said Ron Duncan, president and chief executive officer of GCI. "We are very thankful for RUS' continuing support for rural Alaska. We also deeply appreciate the support given to UUI's application by our friends and customers in Bristol Bay and the Y-K Delta and by our Governor and Congressional Delegation."

Read the full press release.