General Communication Bleeds Subscribers

Alaskan telecommunications company General Communication (NASDAQ: GNCMA) reported its third-quarter results after the market closed on Nov. 1. Revenue continued to decline as the company shed video, voice, and wireless subscribers, with growth in data revenue unable to fully offset that weakness. The state of the Alaskan economy continues to be a major headwind, but the merger transaction with Liberty Ventures Group will add geographic diversity to the resulting company. Here's what investors need to know about General Communication's third-quarter report.

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Q3 2017

Source: Fool.com