said by already_here :
In GCI's case they were making large enough profits to buy & deploy a 2nd undersea cable within less than 4 years time.. (first cable purchased around 99, second cable 650Gbps around 2003)
GCI is making lots of money. Now I can understand charging higher rates to rural communities where fixed costs are much higher and population density is smaller, but in a city like Anchorage with high population density, rates and service should be the same as any city with 300,000 stateside. Transport costs for GCI's undersea cable are less than 1 cent.
They profited a whopping $7 million, or $0.14 per share.