PRESS RELEASE

Exhibit 99.1

March 1, 2006
John Lowber, (907) 868-5628; jlowber@gci.com
Bruce Broquet, (907) 868-6660; bbroquet@gci.com
David Morris, (907) 265-5396; dmorris@gci.com

FOR IMMEDIATE RELEASE

GCI REPORTS 2005 FINANCIAL RESULTS

o Net income of $21.6 million or $0.38 per diluted share

o Consolidated revenues of $444.3 million

o EBITDA of $152.0 million, as adjusted

ANCHORAGE, AK -- GCI (NASDAQ:GNCMA) today reported its 2005 results with
net income of $21.6 million, or diluted earnings per share of $0.38. The
company's 2005 net income compares to income of $21.3 million, or diluted
earnings per share of $0.34, in 2004. GCI recorded net income of $9.4 million or
$0.17 per share on a diluted basis in the fourth quarter of 2005 that compares
to net income of $2.3 million or $0.04 per share on a diluted basis for the
fourth quarter of 2004.

GCI's revenues for 2005 increased to $444.3 million, an increase of 4.6
percent over 2004 revenues of $424.8 million. For the fourth quarter of 2005,
revenues totaled $113.4 million as compared to $105.5 million in the fourth
quarter of 2004, an increase of 7.5 percent. Sequentially, revenues were
relatively unchanged when compared to third quarter 2005 revenues of $113.8
million.

Earnings before interest, taxes, depreciation and amortization (EBITDA)
for 2005 totaled $152.0 million as adjusted, to exclude $2.8 million in expenses
from the early extinguishment of debt. EBITDA for 2004 totaled $139.0 million as
adjusted, to exclude $6.1 million in bond premium expense. EBITDA for 2005
increased $13.0 million or 9.4 percent over 2004. EBITDA for 2005 and 2004
included MCI bad debt recoveries of $3.3 million and $4.2 million, respectively.

Fourth quarter 2005 EBITDA totaled $44.2 million and compares to $32.2
million reported for the fourth quarter of 2004. The increase is EBITDA is
attributable in part to a settlement of claims against a competitor totaling
$7.5 million net of certain costs and to an increase in other common carrier
traffic. Excluding the claims settlement EBITDA for the fourth quarter of 2005
was $36.7 million, an increase of $4.5 million from the fourth quarter of 2004.

Sequentially, fourth quarter 2005 EBITDA of $44.2 million increased $6.0
million from the third quarter 2005 EBITDA of $38.2 million, as adjusted for out
of period restructuring charges and the loss for early extinguishment of debt.
Excluding the claims settlement, fourth quarter EBITDA would have declined $1.5
million from the third quarter 2005.

GCI anticipates revenues of $450 million to $460 million and EBITDA of
$150 million to 154 million for the year 2006. First quarter revenues are
expected to range between $112 million to $114 million and EBITDA is expected to
exceed $37 million.


"We just completed our ninth consecutive year of record revenues and
EBITDA," said Ron Duncan, GCI president. "We achieved our critical goals,
restructured the company to better align our organization with our markets and
received regulatory authority to enter the local phone market throughout most of
Alaska. In the process we generated significant free cash flows and ended the
year with more than $44 million in cash. The coming year promises to be one of
significant additional opportunity."

Highlights

o Long-distance billable minutes increased 14.9 percent to 1.375
billion minutes for the year 2005 as compared to 2004. Minutes for
the fourth quarter of 2005 increased 19.6 percent from the prior
year. Minutes decreased 7.6 percent sequentially from the third
quarter of 2005 due, in part, to seasonality.

o GCI cable television services pass 215,037 homes and serve 137,004
basic subscribers at the end of 2005. Cable customers increased by
2,262 from the fourth quarter of 2004 and increased by 569 from the
third quarter of 2005. Average revenue per equivalent basic
subscriber grew to $82.88 per month at the end of the fourth quarter
of 2005. Revenue generating units (RGUs) for the quarter increased
by 13.4 percent over the prior year.

o GCI has provisioned more than 22,000 lines on its Digital Local
Phone Service (DLPS) facilities at the end of the year 2005. GCI
expects to provision approximately 20,000 additional lines on its
own facilities by the end of 2006.

o The company added approximately 1,000 access lines in the fourth
quarter of 2005. GCI added 1,900 voice access lines after excluding
approximately 1,100 Internet Service Provider dial-up lines that
were turned down during 2005. The local services business added 800
net access lines during 2005 and at year-end had 112,900 total
access lines in service representing an estimated 26 percent share
of the total access line market in Alaska.

o GCI has 77,400 cable modem access customers at the end of 2005, an
increase of 11,900 over the 65,500 at year-end 2004. The company
added 3,200 new cable modem subscribers during the fourth quarter of
2005. As expected, GCI ended 2005 with 93,900 statewide Internet
customers down 7,700 from 101,600 users at the end of 2004. GCI
customers continue to migrate from dial up access service to cable
modem.

o After the Blackout Period expired during the fourth quarter and
through January 2006, GCI repurchased 399,300 shares of its Class A
Common shares at an average price of $10.03 per share. The company
has repurchased more than 2,491,000 shares during 2005 and through
January 2006 at an average price of $9.25 per share. Since September
2004, GCI has repurchased 6,601,000 Class A Common shares at an
average price of $8.76 per share and retired $10 million face value
of Series C Preferred Stock.

Long Distance Results

Long distance and related revenues for 2005 were up 2.6 percent to $256.9
million as compared to $250.5 million for the prior year. Long distance EBITDA
in 2005, as adjusted, totaled $91.7 million, as compared to $84.3 million, as
adjusted, in 2004, an increase of 8.8 percent. The increase in year-over-year


revenue is primarily attributable to an increase in other common carrier
traffic. EBITDA growth for 2005 is primarily attributable to $7.5 million of net
EBITDA associated with the claims settlement.

For the fourth quarter of 2005, long distance revenues totaled $65.2
million as compared to revenues of $60.5 million in the fourth quarter of 2004
and $67.6 million in the third quarter of 2005. Long distance revenues increased
7.8 percent from the prior year and decreased 3.6 percent sequentially. Long
distance EBITDA increased 58.4 percent for the fourth quarter of 2005 to $27.4
million as compared to $17.3 million, in the fourth quarter of the prior year
and increased $3.0 million from $24.4 million, as adjusted, in the third quarter
of 2005. The EBITDA increase both year-over-year and sequentially are primarily
attributable to the $7.5 million settlement in the fourth quarter of 2005.
Additionally, the year-over-year EBITDA increase was favorably impacted by more
minutes carried on the company's network for other common carriers while the
quarter-over-quarter numbers, as expected, were affected by seasonality.

Long-distance billable minutes increased 14.9 percent to 1.375 billion
minutes for the year 2005 as compared to 2004. Long distance minutes-of-use in
the fourth quarter of 2005 were up 19.6 percent as compared to the fourth
quarter of 2004 and decreased 7.6 percent from the third quarter of 2005. The
fourth quarter increase in minutes from the same quarter a year ago is primarily
due to more minutes carried on the company's network for other common carriers.

Cable Television Results

Cable television revenues for the year increased 3.8 percent to $105.3
million in 2005 from $101.4 million in 2004. EBITDA decreased 2.2 percent to
$44.4 million from $45.4 million in 2004. The increase in revenues for the year
is due primarily to an increase in the average revenue per subscriber as a
result of increased penetration of packaged offerings, digital programming
service and cable modem services. The decrease in EBITDA is due to continued
increases in programming and operating costs. Additionally, advertising revenues
were unusually high in 2004 due to the 2004 Olympics and the November 2004
elections.

Cable television revenues for the fourth quarter of 2005 increased 2.7
percent to $26.9 million as compared to $26.2 million in the fourth quarter of
2004, and increased 2.7 percent from $26.2 million in the third quarter of 2005.
EBITDA decreased 8.1 percent to $11.3 million in the fourth quarter of 2005 as
compared to $12.3 million in the fourth quarter of 2004, and increased 6.6
percent from $10.6 million, as adjusted, in the third quarter of 2005. The
decrease in EBITDA from the prior year is due to an increase in programming and
operating costs. The sequential increase in EBITDA is due to lower operating
costs offset in part by increases in programming costs.

Gross margin for the fourth quarter as a percentage of revenues decreased
by 402 basis points from the prior year and decreased by 99 basis points
sequentially.

As of December 31, 2005, the company's cable and entertainment operations
passed 215,037 homes and served 137,004 basic subscribers (108,417 equivalent
basic subscribers). Homes passed increased 3.8 percent and basic subscribers
increased by 1.7 percent during 2005. Average revenue per equivalent basic
subscriber increased 1.9 percent to $82.88 for the fourth quarter of 2005 as
compared to $81.33 for the fourth quarter of 2004, and increased 1.1 percent on
a sequential basis. The company experienced an increase of 569 subscribers to
its systems during the fourth quarter of 2005.

Eighty percent of GCI's basic cable subscribers receive service through a
digital set-top box. More than 98 percent of the set top boxes deployed in GCI's


systems are digital and 53,682 customers purchase additional special interest
programming through a digital tier. GCI offers 14 channels of HDTV to customers
in the Anchorage area.

GCI cable modem service is available to more than 90 percent of the homes
in Alaska. Approximately 36 percent of homes passed and 63 percent of GCI
residential subscribers have cable modem service.

The operating statistics below include capital expenditures and customer
information from cable services and the components of our local services and
Internet services utilizing our cable services' facilities.

GCI's capital expenditures by standard reporting category for the year
ending December 31, 2005 and 2004 follow (amounts in thousands):

2005 2004
-------- -------
Customer premise equipment $ 18,600 16,772
Upgrade/rebuild 11,761 9,476
Line extensions 3,877 1,752
Scalable infrastructure 2,702 4,979
Support capital 935 1,427
Commercial 331 574
-------- -------
Sub-total 38,206 34,980

Other capital expenditures 42,945 77,599
-------- -------
Total capital expenditures $ 81,151 112,579
======== =======

At December 31, 2005 and 2004, GCI's cable business had 123,500 and
122,700 customer relationships, respectively. The standard definition of a
customer relationship is the number of customers who receive at least one level
of service, encompassing voice, video, and data services, without regard to
which services customers purchase. These relationships do not include local
telephone customers except those receiving phone service through the cable
television plant.

At December 31, 2005 and 2004, GCI's cable business had 236,300 and
208,300 revenue generating units, respectively. The increase in the revenue
generating units of 8,900 and 28,000 from September 30, 2005 and December 31,
2004, respectively, is due to an increase in the number of cable modem and DLPS
customers. The definition of a revenue-generating unit is the sum of all primary
analog video, digital video, high-speed data and telephony customers, not
counting additional outlets.

Local Telephone Results

Local telephone service revenues for the year increased 10.4 percent to
$51.9 million as compared to $47.0 million in 2004. Local services generated
$3.1 million of EBITDA for 2005, compared to a loss of $0.4 million in 2004. The
$3.5 million improvement in EBITDA year-over-year is primarily related to an
increase in support from the Universal Services Program and to a lesser extent
cost savings from DLPS. If the local telephone business received credit for
access cost savings on calls placed by GCI long distance customers who are also
GCI local customers, the local telephone business would have reported positive
EBITDA of $9.9 million for 2005.

Local telephone service revenues totaled $13.4 million in the fourth
quarter of 2005 as compared to $12.4 million in the prior year. Revenues
increased $0.9 million or 7.2 percent from the third quarter of 2005. Local
services generated EBITDA of $1.7 million during the fourth quarter of 2005 as
compared to the prior year fourth quarter EBITDA loss of $0.4 million and as
compared to EBITDA of $0.0 million, as adjusted, for the third quarter of 2005.


The increase in EBITDA for the fourth quarter of 2005 is due primarily to
support from the Universal Service Program and cost savings from DLPS.

GCI added approximately 1,000 local access lines in the fourth quarter, an
increase of 0.9 percent over the third quarter of 2005. The company had 112,900
access lines in service at the end of 2005, an increase of 800 access lines or
0.7 percent over the year 2004. GCI added 1,900 voice access lines after
excluding approximately 1,100 Internet Service Provider dial-up lines that were
turned down during 2005. GCI estimates it has attained a 26 percent local
service market share in Alaska. Approximately 86 percent of GCI's access lines
are provisioned on its own facilities or on resold local loops.

In early April 2004, GCI began converting customers to its DLPS
technology. The rollout of DLPS enables GCI to avoid wholesale and loop rental
charged by the incumbent local exchange carrier. GCI has provisioned more than
22,000 lines on its Digital Local Phone Service (DLPS) facilities at the end of
the year 2005. GCI expects to provision approximately 20,000 additional lines on
its own facilities by the end of 2006.

Internet Access Results

Internet access revenues for 2005 totaled $30.2 million, an increase of
16.2 percent over 2004 revenues of $26.0 million. Internet EBITDA for the year
totaled $12.8 million, an increase of $3.2 million over $9.6 million reported
for 2004. The revenue and EBITDA increases result from the migration of existing
customers from dial-up to cable modem access and customers adding more features
and services, increasing economies of scale, and effective operating cost
controls.

Internet access revenues increased 23.4 percent to $7.9 million in the
fourth quarter of 2005 as compared to $6.4 million for the fourth quarter of
2004 and increased 3.9 percent from $7.6 million in the third quarter of 2005.
Fourth quarter 2005 EBITDA of $3.7 million is an improvement of $0.6 million as
compared to $3.1 million in the fourth quarter of 2004, and is an improvement of
$0.5 million from $3.2 million, as adjusted, for the third quarter of 2005.

GCI has 77,400 cable modem access customers at the end of 2005, an
increase of 11,900 over the 65,500 at year-end 2004. The company added 900
Internet and 3,200 new cable modem subscribers during the fourth quarter of
2005. As expected, GCI ended 2005 with 93,900 statewide Internet customers down
7,700 from 101,600 users at the end of 2004. As expected, GCI customers continue
to migrate from dial up access service to cable modem.

Total cable modem revenues (including cable and Internet portions) for the
fourth quarter of 2005 increased 4.9 percent sequentially when compared to the
third quarter of 2005 and increased 9.4 percent year-over-year. At the end of
the fourth quarter of 2005 GCI's average revenue per cable modem (ARPM) was
$29.37 as compared to $30.48 at the end of the third quarter of 2005 and $31.94
at the end of the fourth quarter of 2004. The increase in sequential and
year-over-year revenues is due to the increase in modem customers. The decline
in ARPM is due to an increase in the percentage of total customers taking GCI's
discounted cable modem products.

Other Items

GCI previously announced a reorganization plan on August 22, 2005. The
plan was developed to more efficiently meet the demands of technological and
product convergence. Beginning with the first quarter of 2006 GCI will report
its results along customer lines rather than product lines. The company is
organized under Consumer, Commercial, Network Access (renamed from Carrier as
previously announced) and Managed Broadband segments, replacing the Long
Distance, Cable, Local Access and Internet services segments.


During 2005, core capital expenditures totaled $81.2 million, as compared
to $80.4 million in 2004, excluding $32.2 million in capital expenditures
related to an undersea fiber completed during 2004. GCI expects core capital
expenditures to total approximately $85 million for the year 2006.

GCI will hold a conference call to discuss 2005 results, including the
fourth quarter, on Thursday, March 2, 2006 beginning at 2 p.m. (Eastern). To
access the briefing on March 2, call the conference operator between 1:50 p.m.
and 2 p.m. (Eastern) at 800-857-0373. (International callers should dial
773-799-3727) and identify your call as "GCI." In addition to the conference
call, GCI will make available net conferencing. To access the call via net
conference, log on to www.gci.com and follow the instructions. The call will be
archived online for two weeks. A replay of the call will be available at 4 p.m.
(Eastern) for 72-hours by dialing 800-216-6079, access code 7461 (International
callers should dial 402-220-3893.)

GCI is the largest Alaska-based and operated integrated telecommunications
provider. A pioneer in bundled services, GCI provides local, wireless, and long
distance telephone, cable television, Internet and data communication services
throughout Alaska. More information about the company can be found at
www.gci.com.

The foregoing contains forward-looking statements regarding the company's
expected results that are based on management's expectations as well as on a
number of assumptions concerning future events. Actual results might differ
materially from those projected in the forward looking statements due to
uncertainties and other factors, many of which are outside GCI's control.
Additional information concerning factors that could cause actual results to
differ materially from those in the forward looking statements is contained in
GCI's cautionary statement sections of Form 10-K and 10-Q filed with the
Securities and Exchange Commission.

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