UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 11-K

                                   (Mark One)

          [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
                     EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

                   For the fiscal year ended December 31, 2000

                                       OR

        [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
                     EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

                        For the transition period from      to

                         Commission file number 0-15279


A.   Full title of the plan and the address of the plan, if different from that
     of the issuer named below:

                           GENERAL COMMUNICATION, INC.
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN


B.   Name of issuer of the securities held pursuant to the plan and the address
     of its principal executive office:

                           GENERAL COMMUNICATION, INC.
                         2550 Denali Street, Suite 1000
                             Anchorage, Alaska 99503


                                       1
<PAGE>
                                      INDEX

                           GENERAL COMMUNICATION, INC.
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN

                                    FORM 11-K

                      FOR THE YEAR ENDED DECEMBER 31, 2000


                                                                       Page No.
                                                                       --------
Independent Auditors' Report dated June 15, 2001..........................3

Statements of Net Assets Available for Plan Benefits at
  December 31, 2000 and 1999..............................................4

Statements of Changes in Net Assets Available for
  Plan Benefits for the Years Ended December 31,
  2000, 1999 and 1998.....................................................5

Notes to Financial Statements.............................................6

Supplemental Schedule I - Schedule of Assets Held
  for Investment Purposes at End of Year.................................14

Supplemental Schedule II - Schedule of Reportable Transactions ..........15

Consent of Independent Auditors..........................................16

Signature................................................................17


                                       2
<PAGE>
                          INDEPENDENT AUDITORS' REPORT



The Plan Trustees
General Communication, Inc. Qualified
   Employee Stock Purchase Plan


We have audited the accompanying statements of net assets available for plan
benefits of General Communication, Inc. Qualified Employee Stock Purchase Plan
as of December 31, 2000 and 1999, and the related statements of changes in net
assets available for plan benefits for each of the years in the three-year
period ended December 31, 2000. These financial statements are the
responsibility of the Plan's management. Our responsibility is to express an
opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets available for plan benefits of General
Communication, Inc. Qualified Employee Stock Purchase Plan as of December 31,
2000 and 1999, and the changes in those net assets available for plan benefits
for each of the years in the three-year period ended December 31, 2000, in
conformity with accounting principles generally accepted in the United States of
America.

Our audits were performed for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedules of assets held
for investment purposes at end of year and reportable transactions are presented
for the purpose of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure under
the Employee Retirement Income Security Act of 1974. The supplemental schedules
are the responsibility of the Plan's management. The supplemental schedules have
been subjected to the auditing procedures applied in the audits of the basic
financial statements and, in our opinion, are fairly stated in all material
respects in relation to the basic financial statements taken as a whole.



                                               /s/
                                               KPMG LLP

Anchorage, Alaska
June 15, 2001



                                       3
<PAGE>
<TABLE>
                                                         GENERAL COMMUNICATION, INC.
                                                    QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                                             Statements of Net Assets Available for Plan Benefits
                                                          December 31, 2000 and 1999

<CAPTION>
                                                                               2000              1999
                                                                          --------------    --------------
         <S>                                                             <C>                   <C>
         Cash and cash equivalents                                       $          150           337,821
                                                                          --------------    --------------
         Investments, at fair value:
           Common stock                                                      30,139,688        16,415,045
           Mutual funds                                                       3,908,513         3,351,201
           Common/collective trust                                              228,069               ---
           Participant loans                                                    536,638           513,633
                                                                          --------------    --------------
                                                                             34,812,908        20,279,879
                                                                          --------------    --------------
         Contributions receivable:
           Employee                                                             118,475           114,804
           Employer                                                             657,957         1,033,353
                                                                          --------------    --------------
                                                                                776,432         1,148,157

         Investment income receivable                                             1,517           246,708
                                                                          --------------    --------------
              Net assets available for plan benefits                     $   35,591,007        22,012,565
                                                                          ==============    ==============

         See accompanying notes to financial statements.

</TABLE>

                                       4
<PAGE>
<TABLE>
                                                            GENERAL COMMUNICATION, INC.
                                                      QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                                          Statements of Changes in Net Assets Available for Plan Benefits
                                                   Years Ended December 31, 2000, 1999 and 1998

<CAPTION>
                                                                          2000               1999               1998
                                                                    ---------------    ---------------    ---------------
<S>                                                                <C>                    <C>                <C>
Contributions:
    Employee                                                       $    3,522,784          2,837,435          2,654,679
    Employer                                                            2,783,038          2,466,869          2,327,352
                                                                    ---------------    ---------------    ---------------
                                                                        6,305,822          5,304,304          4,982,031
                                                                    ---------------    ---------------    ---------------
Investment income:
    Interest income                                                        56,013             57,134             56,821
    Dividend income                                                       383,306             69,365             50,604
    Net appreciation (depreciation) in fair value of investments        8,232,832          1,091,334         (6,100,226)
                                                                    ---------------    ---------------    ---------------
                                                                        8,672,151          1,217,833         (5,992,801)
                                                                    ---------------    ---------------    ---------------
       Increase (decrease) in net assets available for plan
         benefits                                                      14,977,973          6,522,137         (1,010,770)

Employee withdrawals                                                    1,399,531          1,527,547            594,190
                                                                    ---------------    ---------------    ---------------
       Net increase (decrease) in net assets available for plan
         benefits                                                      13,578,442          4,994,590         (1,604,960)

Net assets available for plan benefits at beginning of period          22,012,565         17,017,975         18,622,935
                                                                    ---------------    ---------------    ---------------

       Net assets available for plan benefits at end of period     $   35,591,007         22,012,565         17,017,975
                                                                    ===============    ===============    ===============

See accompanying notes to financial statements.
</TABLE>



                                       5
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

(1)      Description of Plan
         The following description of the General Communication, Inc. Qualified
         Employee Stock Purchase Plan ("Plan") provides general information
         only. Participants should refer to the Plan document for a more
         complete description of the Plan's provisions.

            General
            The Plan is a defined contribution plan covering employees of
            General Communication, Inc. ("GCI") and affiliated companies
            (collectively, the "Company") who have completed one year of
            service, as defined in the Plan document. Affiliated companies
            include GCI, GCI's wholly-owned subsidiary GCI, Inc., GCI, Inc.'s
            wholly-owned subsidiary GCI Holdings, Inc., GCI Holdings, Inc.'s
            wholly-owned subsidiaries GCI Communication Corp., GCI Cable, Inc.
            and GCI Transport Co., Inc., GCI Transport Co., Inc.'s wholly-owned
            subsidiaries GCI Satellite Co., Inc., GCI Fiber Co., Inc. and Fiber
            Hold Company, Inc. and GCI Fiber Co., Inc.'s and Fiber Hold Company,
            Inc.'s wholly-owned partnership Alaska United Fiber System
            Partnership.

            Contributions
            The Plan provides for a qualified cash or deferred arrangement as
            defined in Section 401(k) of the Internal Revenue Code of 1986
            ("Code"). A participant may elect the following methods to make
            employee contributions:

               (1) Salary Reduction Contributions which will not be included in
                   the participant's current earnings for federal income tax
                   purposes but rather are taxable upon distribution or,

               (2) Non-qualified Voluntary Contributions ("after-tax
                   contributions") which will be included in the participant's
                   current earnings for federal income tax purposes and are not
                   taxable upon distribution.

            Eligible employees of the Company may elect to reduce their
            compensation in any amount up to 10% of such compensation subject to
            a maximum of $10,500 in 2000 and $10,000 in 1999 and 1998; they may
            contribute up to 10% of their compensation with after-tax dollars;
            or they may elect a combination of salary reduction and after-tax
            contributions. The Company may match employee salary reduction and
            after-tax contributions in any amount determined by the Company's
            Board of Directors each year, but not more than 10% of any one
            employee's compensation will be matched in any pay period. All
            matching contributions are invested in GCI Class A or Class B common
            stock. The combination of salary reduction, after-tax, forfeited and
            matching contributions cannot exceed the lesser of 25% of any
            employee's compensation (determined after salary reduction) for any
            year, or $30,000. Compensation considered for all Plan purposes is
            subject to a compensation ceiling of $170,000 for 2000 and $160,000
            in 1999 and 1998.

            Employee contributions invested in GCI Class A and Class B common
            stock may receive up to 100% matching, as determined by the
            Company's Board of Directors each year, in GCI Class A and Class B
            common stock. Employee contributions invested in other than GCI
            Class A and Class B common stock may receive up to 50% matching, as
            determined by the Company's Board of Directors each year, in GCI
            Class A and Class B common stock.

            Matching amounts contributed to the Plan by the Company are not
            taxed to the employee until distribution upon retirement, hardship
            or termination of employment. Plan earnings are taxable to the
            employee either upon distribution or, in the case of GCI common
            stock distributions, upon eventual disposition of the stock.



                                       6                             (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

            Participant Accounts
            Each participant account is credited with the participant's
            contributions, employer matching contributions, allocations of Plan
            earnings and forfeitures. Plan earnings are allocated quarterly.
            Earnings of assets other than GCI Class A and Class B common stock
            are allocated based on the participant's weighted average account
            balance (excluding GCI common stock) as a proportion of total
            weighted average account balances (excluding GCI common stock)
            during the calendar quarter. Earnings on Company common stock are
            allocated to the accounts holding such GCI common stock, based upon
            the number of shares held by each participant account at the end of
            the calendar quarter.

            Vesting
            A participant's interest in his or her Salary Reduction
            Contributions and Non-qualified Voluntary Contributions is always
            fully vested and is not subject to forfeiture.

            The participant's interest in the Company matched portion of their
            account ("Matching Account") is vested based upon years of service
            with the Company (as defined in the Plan document), in accordance
            with the following schedule:

                                   Years of Service          Vested Percentage
                          ------------------------------- ---------------------
                          Less than 1                                0%
                          1 or more but less than 2                 20%
                          2 or more but less than 3                 30%
                          3 or more but less than 4                 45%
                          4 or more but less than 5                 60%
                          5 or more but less than 6                 80%
                          6 or more                                100%

            Any portion of a participant's account which is forfeitable shall be
            forfeited on the earlier of the date a terminated participant
            receives a distribution or the date on which the participant
            experiences five consecutive one-year breaks in service (as defined
            in the Plan document).

            A participant's interest in the Company Matching Account fully vests
            without regard to the number of years of service when the
            participant, while still employed: (i) attains Normal Retirement Age
            (as defined in the Plan document) and retires under the terms of the
            Plan; (ii) dies, or (iii) becomes totally and permanently disabled.
            A participant's interest in the Company Matching Account fully vests
            upon the termination or partial termination of the Plan or upon
            complete discontinuance of Company contributions.

            If a participant terminates participation for any reason other than
            attainment of Normal Retirement Age and retirement, death or
            disability while any portion of his or her account in the Plan is
            forfeitable, and receives a distribution of his or her vested
            account balance attributable to Company matching contributions not
            later than the close of the second Plan year following the Plan year
            in which participation terminated, then upon becoming an eligible
            employee, the participating employee will have the right to repay
            the distribution to the Plan in accordance with Plan provisions. The
            shares of that participating employee's account previously forfeited
            will be restored.

            Forfeitures
            If a participating employee terminates participation for any reason
            other than attainment of Normal Retirement Age and retirement, death
            or disability, that portion of his or her account attributable to
            Company matching contributions which has not vested will be
            forfeited. All



                                       7                             (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

            amounts so forfeited will be allocated along with the employer
            matching contribution to the remaining participating employees
            during the first calendar quarter after the end of the year in which
            the forfeitures occur.

            Participant Loans
            Participants may borrow from their accounts a minimum of $1,000 up
            to a maximum equal to the lesser of $50,000 or 50% of their vested
            account balance. Loan transactions are treated as a transfer to
            (from) the appropriate investment fund from (to) the participant's
            loan. Loan terms range from 1-5 years. Loans are secured by the
            vested balance in the participant's account and earn interest at a
            fixed rate calculated at the loan date. The fixed rate for loans
            through June 30, 2000 was calculated using National Bank of Alaska's
            prime rate plus 2%. Loans entered into after June 30, 2000 bear
            interest at the Wall Street Journal's prime rate at loan date plus
            2%. Principal and interest is paid ratably through semi-monthly
            payroll deductions.

(2)      Summary of Significant Accounting Policies
         The Plan financial statements are based on the accrual method of
         accounting in accordance with generally accepted accounting principles.
         Plan investments are stated at fair value.

         In preparing the financial statements, the Plan administrator is
         required to make certain estimates and assumptions that affect the
         reported amounts of assets and liabilities and disclosure of contingent
         assets and liabilities as of the date of the financial statements and
         additions and deductions to (from) net assets for the period. Actual
         results could differ from those estimates and assumptions.

         At December 31, 2000 the fair values of GCI Class A common stock,
         WorldCom common stock, Liberty Media Group Class A tracking stock, TCI
         Satellite Entertainment, Inc. Series A common stock and AT&T common
         stock are based on the average of the closing bid and ask prices as
         listed on the National Association of Securities Dealers Automated
         Quotation (NASDAQ) National Market System. GCI Class B common stock is
         traded on the Over-the-Counter market. GCI Class B common stock is
         convertible share-for-share into GCI Class A common stock and is valued
         based on Over-the-Counter activity. Mutual fund investments are carried
         at fair value, as determined by individual fund management, based upon
         quoted market prices.

         At December 31, 1999 the fair value of GCI Class A and Class B common
         stock; MCI WorldCom common stock; and Liberty Media Group Class A
         tracking stock, TCI Satellite Entertainment, Inc. Series A common stock
         and AT&T common stock was based on the average of the closing bid and
         ask prices as listed on the NASDAQ.

         The Common/Collective Trust invests primarily in money market
         instruments, US Government agency obligations, and investment
         contracts. The Plan's ownership in the Common/Collective Trust is
         carried at fair value based on the investment's net asset value per
         unit. Money market instruments and US Government agency obligations in
         the Common/Collective Trust are valued at amortized cost. The
         investment contracts in the Common/Collective Trust are carried at
         either contract value, which approximates fair value, because certain
         contracts are fully benefit responsive, or at contract book value which
         approximates amortized cost.

         Purchases and sales of securities are recorded on a trade-date basis.

         Reclassifications have been made to the 1998 financial statements to
         make them comparable with the 1999 and 2000 presentation.



                                       8                             (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

(3)      Administration of Plan Assets
         The Heintzberger Company was recordkeeper for the Plan and National
         Bank of Alaska was trustee for the Plan through June 30, 2000.
         Effective July 1, 2000, the Plan transferred all of the plan assets to
         Merrill Lynch who became the recordkeeper and trustee at that time.
         Administrative expenses related to the Plan are paid directly by the
         Company to the recordkeeper and the trustee. Company employees continue
         to provide administrative support to the Plan but no employee receives
         compensation from the Plan.

(4)      Amendment or Termination
         The Company's Board of Directors has reserved the right to amend or
         terminate the Plan. No amendment may reduce the accrued benefits of any
         participant or give the Company any interest in the trust assets of the
         Plan. In the event of termination of the Plan, a participant with
         respect to the Plan becomes fully vested in his or her Company Matching
         Account.

         In June 1998 the Plan was amended and restated effective January 1998
         requiring all hardship withdrawals be made only in a cash lump sum and
         allowing hardship withdrawals of rollover contributions without the
         temporary suspension of participant contributions and without the
         requirement that the participant exhaust all other resources prior to
         obtaining a hardship withdrawal of rollover contributions.

(5)      Cash and Cash Equivalents
         Cash and cash equivalents includes restricted cash of $138,080 at
         December 31, 1999 held primarily in an interest bearing certificate of
         deposit. This cash was restricted by participants from use in
         purchasing stock or other investments. At December 31, 2000 these
         restricted account balances total $144,938 and are invested in the
         Common/Collective Trust.

(6)      Investments
         Investment choices offered to Plan participants through June 30, 2000
         were as follows:
              Common Stock:
              - GCI Class A and Class B common stock.

              - WorldCom common stock - prior to September 14, 1998 the Plan
                allowed participants to invest in MCI Communications Corp. (MCI)
                Class A common stock. On September 14, 1998 WorldCom, Inc.
                acquired MCI and subsequently converted each share of MCI Class
                A common stock into WorldCom common stock.

              - AT&T common stock - includes shares of Liberty Media Group Class
                A tracking stock, AT&T common stock and TCI Satellite
                Entertainment, Inc. Series A common stock. Prior to March 15,
                1999 the Plan allowed participants to invest in TCI Group Series
                A common stock. On March 15, 1999 AT&T merged with TCI and
                subsequently converted each share of TCI Group Series A common
                stock into 0.7757 share of AT&T common stock. Prior to March 23,
                1999 the Plan allowed participants to invest in TCI Series A
                Ventures Group common stock. On March 23, 1999 Liberty Media
                Group acquired TCI Ventures Group and subsequently converted
                each share of TCI Series A Ventures Group common stock into 0.52
                share of Liberty Media Group Class A tracking stock.

              Mutual Funds:
              - Fidelity Puritan Fund - a mutual fund seeking high income with
                preservation of capital by investing in a broadly diversified
                portfolio of securities.



                                       9                             (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

              - Heartland Value Fund - a mutual fund seeking long-term capital
                appreciation through investment in small company stocks selected
                on a value basis.

              - Meridian Fund - a mutual fund seeking long-term growth of
                capital through investments in small and medium sized companies
                considered to be experiencing above-average growth in revenues
                and earnings.

              - Neuberger Berman Guardian Fund - a mutual fund seeking primarily
                capital appreciation and secondarily current income through
                investment in a large number of common stocks of
                long-established, high quality companies.

              - Vanguard Short-term Corporate Fund - a mutual fund seeking to
                provide investors with a high level of income consistent with
                maintenance of principle and liquidity with primary investments
                in investment grade corporate debt securities, federal, state
                and municipal agency obligations, certificates of deposit and
                commercial paper.

              - Vanguard 500 Index - a mutual fund seeking to match the
                performance of a benchmark index that measures the investment
                return of the overall stock market.

              - Janus Worldwide Fund - a mutual fund seeking long-term growth of
                capital by investing primarily in common stocks of companies of
                any size throughout the world.


         Effective July 1, 2000, Plan participants were offered the following
         investment choices:

              Common Stock:
              - GCI Class A and Class B common stock.

              - WorldCom common stock

              - AT&T common stock

              Common/Collective Trust:
              - Merrill Lynch Retirement Preservation Trust - a collective trust
                seeking preservation of income by investing in a broadly
                diversified portfolio of Guaranteed Investment Contracts, U.S.
                government agency securities, and high-quality money market
                securities.

              Mutual Funds:
              - Alger Growth Retirement Portfolio - a mutual fund seeking
                long-term capital appreciation through investment in the equity
                securities of large companies.

              - Mercury Total Return Bond Fund - a mutual fund seeking to
                maximize long-term total return through investment in bonds of
                varying maturities with a portfolio duration of two to eight
                years.

              - Oakmark Select Fund - a mutual fund seeking long-term capital
                appreciation through investment in a non-diversified portfolio
                of common stocks of U.S. companies considered priced
                significantly below anticipated long-term value.

              - Dreyfus Founders Discovery Fund - a mutual fund seeking capital
                appreciation through investment in small and relatively unknown
                companies with high growth potential.



                                       10                            (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

              - Merrill Lynch Basic Value Fund - a mutual fund seeking primarily
                capital appreciation and secondarily income through investment
                in securities considered undervalued.

              - PIMCO Innovation Fund - a mutual fund seeking capital
                appreciation through investment in companies utilizing new
                innovative technologies to gain a strategic competitive
                advantage in their industry, and companies that provide and
                service those technologies.

              - Van Kampen Aggressive Growth Fund - a mutual fund seeking
                capital growth through investments in primarily small and medium
                sized companies considered to have above-average potential for
                capital growth.

              - Merrill Lynch S&P 500 Index Fund - a mutual fund seeking to
                match the performance of the Standard & Poor's 500 Composite
                Stock Price Index through investment in similar proportions of
                common stocks represented in the S&P 500.

              - State Street Research Aurora Fund - a mutual fund seeking high
                total return, primarily capital appreciation, through
                investments in small company value stocks.

              - AIM International Equity Fund - a mutual fund seeking long-term
                capital growth through investments in marketable equity
                securities of foreign companies traded on the foreign securities
                exchange or over-the-counter market.

              - Oppenheimer Quest Balanced Value Fund - a mutual fund seeking
                primarily capital growth and secondarily income through
                investments in common stock of U.S. companies considered
                undervalued, equity secu2000es, 1999 and corporate and
                government bonds.

         At December 31, 2000 and 1999 the GCI Class A and Class B common stock
         price was $7.00 and $4.3750, respectively.
<TABLE>
         Investments which represent 5% or more of the Plan's net assets at
         December 31, 2000 and 1999 follow (partially nonparticipant-directed,
         see note 7):
<CAPTION>
                                                            2000             1999
                                                       --------------    --------------
                  <S>                                 <C>                  <C>
                  GCI Class A and Class B common
                   stock                              $  29,568,888        15,006,451
                                                       ==============    ==============
</TABLE>
<TABLE>
         The Plan's investments (including gains and losses on investments
         bought and sold, as well as held during the year) appreciated
         (depreciated) in value during the years ended December 31, as follows:
<CAPTION>
                                                                    Years ended December 31,
                                                       --------------------------------------------------
                                                            2000              1999             1998
                                                       --------------    --------------   ---------------
                  <S>                                 <C>                  <C>              <C>
                  Common stock                        $  8,803,758           573,586        (6,393,201)
                  Mutual funds                            (570,926)          517,748           292,975
                                                       --------------    --------------   ---------------
                                                      $  8,232,832         1,091,334        (6,100,226)
                                                       ==============    ==============   ===============
</TABLE>
 (7)     Nonparticipant-directed Investments
         The GCI Class A and Class B common stock contributed to the Plan by the
         employer are nonparticipant-directed investments. The following
         information about the net assets and the



                                       11                            (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

         significant components of the changes in net assets includes all GCI
         Class A and Class B common stock contributed to the Plan by both
         employees and the employer:
<TABLE>
<CAPTION>
                                                                 December 31,
                                                            2000              1999
                                                       --------------    --------------
                  <S>                                 <C>                  <C>
                  Net assets:
                    Common stock                      $  29,568,888        15,006,451
                                                       ==============    ==============
</TABLE>
<TABLE>
<CAPTION>
                                                                   Years ended December 31,
                                                       -------------------------------------------------
                                                            2000              1999             1998
                                                        --------------   --------------    --------------
                  <S>                                 <C>                 <C>               <C>
                  Changes in net assets:
                    Contributions                     $  5,544,448         4,656,637         3,931,974
                    Net appreciation (depreciation)     10,144,230            69,817        (6,428,955)
                    Employee withdrawals                (1,194,872)       (1,185,104)         (463,514)
                    Transfers to (from)
                      participant-directed
                      investments                           68,631              (326)          212,930
                                                       --------------    --------------    --------------
                                                      $ 14,562,437         3,541,024        (2,747,565)
                                                       ==============    ==============    ==============
</TABLE>
(8)      Income Taxes
         The Plan is qualified under Section 401(a) of the Code pursuant to a
         favorable tax determination letter dated February 23, 2001 obtained
         from the Internal Revenue Service ("IRS"). The trust established
         pursuant to the Plan is, therefore, exempt from taxation under Section
         501(a) of the Code.

(9)      Reconciliation of Financial Statements to Form 5500
<TABLE>
         The following is a reconciliation of net assets available for plan
         benefits per the financial statements to the Form 5500:
<CAPTION>
                                                                 December 31,
                                                            2000              1999
                                                       --------------    --------------
                  <S>                                 <C>                  <C>
                  Net assets available for plan
                    benefits per the financial
                    statements                        $  35,591,007        22,012,565
                  Less:  accrued participant
                    withdrawals                             (47,545)          (41,553)
                                                       --------------    --------------
                    Net assets available for plan
                       benefits per Form 5500         $  35,543,462        21,971,012
                                                       ==============    ==============
</TABLE>


                                       12                            (Continued)
<PAGE>
                           GENERAL COMMUNICATION, INC
                     QUALIFIED EMPLOYEE STOCK PURCHASE PLAN
                          Notes to Financial Statements

<TABLE>
         The following is a reconciliation of benefits paid to participants per
         the financial statements to the Form 5500:

                                                                     Years Ended December 31,
                                                       -------------------------------------------------
                                                             2000              1999             1998
                                                       --------------     -------------    --------------
                  <S>                                  <C>                 <C>                 <C>
                  Benefits paid to participants per
                    the financial statements           $ 1,399,531         1,527,547           594,190
                  Add:  accrued participant
                    withdrawals                             47,545            41,553               ---
                                                       --------------     -------------    --------------
                    Benefits paid to participants
                       per Form 5500                   $ 1,447,076         1,569,100           594,190
                                                       ==============     =============    ==============
</TABLE>


                                       13
<PAGE>
<TABLE>
                                                                                                     Supplemental Schedule I

                                               GENERAL COMMUNICATION, INC.
                                          QUALIFIED EMPLOYEE STOCK PURCHASE PLAN

                                 Schedule of Assets Held for Investment Purposes at End of Year

                                                   December 31, 2000
<CAPTION>
                                                                                                                (e) Current
  (a)              (b) Identity of Issue             (c) Description of Investment           (d) Cost              Value
------       ---------------------------------    ----------------------------------    ------------------    ---------------
<S>          <C>                                  <C>                                   <C>                  <C>
             Common Stock:
*            General Communication, Inc           4,224,127 shares of Class A and
                                                    Class B common stock                $  20,561,244 ***    $     29,568,888
*            WorldCom                             27,392 shares of common stock            **                         385,182
             AT&T                                 10,760 shares of common stock            **                         185,618
                                                                                                              ---------------
                                                                                                                   30,139,688
             Common / Collective Trust:
             Merrill Lynch Retirement
               Preservation Trust                 228,070 units                            **                         228,069
                                                                                                              ---------------
             Mutual fund investments:
             Alger Growth Retirement Portfolio    403 shares                               **                           5,826
             Mercury Total Return Bond Fund       28,270 shares                            **                         354,502
             Oakmark Select Fund                  457 shares                               **                           9,875
             Dreyfus Founders Discovery Fund      969 shares                               **                          33,707
             Merrill Lynch Basic Value Fund       25,585 shares                            **                         837,126
             PIMCO Innovation Fund                1,227 shares                             **                          50,510
             Van Kampen Aggressive Growth Fund    13,624 shares                            **                         302,856
             Merrill Lynch S&P 500 Index Fund     29,688 shares                            **                         480,347
             State Street Research Aurora Fund    29,341 shares                            **                         819,503
             AIM International Equity Fund        26,344 shares                            **                         505,537
             Oppenheimer Quest Balanced Value
               Fund                               31,422 shares                            **                         508,724
                                                                                                              ---------------
                                                                                                                    3,908,513
3
             Participant loans                    Interest bearing at 9.71% - 11.50%       ---                        536,638
                                                                                                              ---------------
                                                                                                             $     34,812,908
                                                                                                              ===============
*     Party-in-interest
**    Not required for participant-directed investments
***   Partially nonparticipant-directed investment, see note 7 included
      in the accompanying Notes to Financial Statements.

See accompanying independent auditors' report.
</TABLE>


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<PAGE>
<TABLE>

                                                                                                            Supplemental Schedule II

                                                GENERAL COMMUNICATION, INC.
                                           QUALIFIED EMPLOYEE STOCK PURCHASE PLAN

                                            Schedule of Reportable Transactions

                                               Year Ended December 31, 2000
<CAPTION>
                                                                                                       (h) Current
                                                                                                         Value of
                                                                                                         Asset on
  (a) Identity of       (b) Description of      (c) Purchase        (d) Selling      (g) Cost of       Transaction      (i) Net Gain
   Party Involved              Asset                Price              Price            Asset              Date             (Loss)
-------------------    --------------------    --------------     --------------    --------------    --------------    ------------
<S>                    <C>                     <C>                <C>               <C>               <C>               <C>
Series of
 transactions:
    GCI                Class A common stock    $   2,465,444      $          ---    $    2,465,444    $    2,465,444    $        ---


See accompanying independent auditors' report.
</TABLE>


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<PAGE>
                                                                         Exhibit


                         CONSENT OF INDEPENDENT AUDITORS



The Plan Trustees
General Communication, Inc. Qualified
 Employee Stock Purchase Plan


We consent to incorporation by reference in the Form S-8 Registration Statement
(No. 33-87639) of our report dated June 15, 2001 related to the statements of
net assets available for plan benefits of General Communication, Inc. Qualified
Employee Stock Purchase Plan as of December 31, 2000 and 1999 and the related
statements of changes in net assets available for plan benefits for each of the
years in the three-year period ended December 31, 2000, which report appears in
the December 31, 2000 annual report on Form 11-K of General Communication, Inc.
Qualified Employee Stock Purchase Plan.




                                                    /s/
                                                    KPMG LLP


Anchorage, Alaska
June 15, 2001



                                       16
<PAGE>
                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
trustees of the Plan have duly caused this annual report to be signed on its
behalf by the undersigned thereunto duly authorized.



                                         GENERAL COMMUNICATION, INC.
                                         QUALIFIED EMPLOYEE STOCK PURCHASE PLAN

            Signature                      Title                 Date
---------------------------------- ---------------------- -------------------

/s/                                Plan Administrator     June 18, 2001
Alfred J. Walker



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