Gannett Co. Inc. Overview
Gannett Co., Inc., a prominent player in the Communication Services sector, operates primarily within the Media industry. The company is listed on the New York Stock Exchange and trades in USD. As of May 8, 2025, Gannett’s close price was $3.71, with a 52-week high of $5.93 on September 17, 2024, and a 52-week low of $2.55 on April 8, 2025. The company’s market capitalization stands at approximately $484.7 million. Gannett specializes in local newspaper operations across the United States, focusing on storytelling and event-driven communication services. The company emphasizes sustainable business practices in sourcing, consumption, and waste management.
GCI and Netcracker Technology Partnership
On May 13, 2025, Gannett Co. Inc. announced a significant development in its business operations. GCI, Alaska’s largest telecommunications provider, has extended its partnership with Netcracker Technology. This collaboration aims to modernize GCI’s Business Support Systems (BSS) and Operations Support Systems (OSS), enhancing customer experience and improving business agility. The partnership will enable GCI to streamline its operations, reduce costs, and accelerate service delivery through automated processes.
Sean Lambert, VP of Application Technology at GCI, highlighted the importance of this partnership, stating, “The Netcracker partnership has been at the heart of the system and business transformation that was started nine years ago with the Polaris Program.” The extension of this partnership is expected to support GCI’s strategic objectives by focusing on critical market drivers and addressing customer needs for the foreseeable future.
Gryphon Capital Income Trust NTA Update
In related financial news, Gryphon Capital Income Trust (ASX: GCI) reported its Net Tangible Asset (NTA) backing figures. As of May 12, 2025, the NTA per unit was $2.0109, a slight increase from $2.0122 on May 12, 2025. These figures, provided by One Managed Investment Funds Limited, are unaudited and approximate. The announcement underscores the financial health and asset backing of Gryphon Capital Income Trust, which is relevant to investors monitoring the performance of associated entities like Gannett Co. Inc.
Overall, Gannett Co. Inc. continues to focus on strategic partnerships and sustainable practices, positioning itself for future growth and operational efficiency.