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 [FEE REQUIRED]

     For the fiscal year ended December 31, 1995

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.
                          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
<PAGE>
                          Independent Auditors' Report




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


We have audited the  accompanying  statements  of net assets  available for plan
benefits of General  Communication,  Inc.  Employee  Stock  Purchase  Plan as of
December 31, 1995 and 1994, 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, 1995. These financial statements are the responsibility of the Plan
Administrator.  Our  responsibility  is to express an opinion on these financial
statements based on our audits.

We  conducted  our  audits  in  accordance  with  generally   accepted  auditing
standards.  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. Employee Stock Purchase Plan at December 31, 1995 and 1994,
and the changes in those net assets  available for plan benefits for each of the
years in the  three-year  period ended  December 31, 1995,  in  conformity  with
generally accepted accounting principles.

Our audits  were  performed  for the  purpose of forming an opinion on the basic
financial  statements taken as a whole. The supplemental  schedules I through IV
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 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 PEAT MARWICK LLP

March 1, 1996
<PAGE>
                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

                   Index to Financial Statements and Schedules




Independent Auditors' Report dated March 1, 1996

Statements  of Net Assets  Available  for Plan Benefits at December 31, 1995 and
1994

Statements  of Changes in Net Assets  Available  for Plan Benefits for the Years
Ended December 31, 1995, 1994 and 1993

Notes to Financial Statements

Supplemental Schedules

Consent of Independent Auditors

Signature
<PAGE>
<TABLE>

                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

                            Statements of Net Assets
                           Available for Plan Benefits

                           December 31, 1995 and 1994

<CAPTION>
                                                          1995           1994
                                                          ----           ----
<S>                                                    <C>             <C>
Assets:
         Cash and cash equivalents (note 6) ......     $  206,453        207,859
                                                       ----------      ---------
         Investments (notes 7, 8 and 9):
           General Communication, Inc.
           common stock, at current value -
           1,913,270 and 1,648,323 shares
           at December 31, 1995 and 1994,
           respectively (cost of $5,643,364
           and $4,368,278, respectively) .........      9,566,350      6,490,272

           MCI Communications Corp. 
           common stock, at current value -
           390 shares at December 31, 1995
           (cost of $9,785) ......................         10,189             --

           Tele-Communications, Inc.S
           common stock, at current value -
           180 shares at December 31, 1995
           (cost of $3,461) ......................          3,578             --

           Mutual fund investments
           (cost of $65,633 in 1995) .............         64,467             --
                                                       ----------      ---------
                                                        9,644,584      6,490,272

         Contributions receivable:
              Employee ...........................         27,518             --
              Employer ...........................         25,328             --

         Investment income receivable ............            693             --
                                                       ----------      ---------

                      Net assets available
                      for plan benefits ..........     $9,904,576      6,698,131
                                                       ==========      =========
</TABLE>

See accompanying notes to financial statements.
<PAGE>
<TABLE>
                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

                       Statements of Changes in Net Assets
                           Available for Plan Benefits

                  Years ended December 31, 1995, 1994 and 1993


<CAPTION>
                                                   1995         1994          1993
                                                   ----         ----          ----
<S>                                            <C>          <C>            <C>
Contributions:
         Employee share ....................   $  918,423      827,793       505,215
         Employer share ....................      864,376      792,174       485,254
                                               ----------   ----------     ---------

                                                1,782,799    1,619,967       990,469

Allocated forfeitures ......................        8,012       22,604        19,961

Investment income:
         Interest income ...................        9,840        4,132         5,837
         Dividend income ...................          155           --            --
         Net change in unrealized
              appreciation (depreciation)
              of investments ...............    1,960,257   (1,266,521)    3,074,163
                                               ----------   ----------     ---------

                                                3,761,063      380,182     4,090,430

Distributions:
         Employee withdrawals ..............      554,618      524,061       482,852
                                               ----------    ---------     ---------

                  Net increase (decrease) in
                       net assets available
                       for plan benefits ...    3,206,445     (143,879)    3,607,578

Net assets available for plan benefits
         at beginning of period ............    6,698,131    6,842,010     3,234,432
                                               ----------    ---------     ---------


Net assets available for plan benefits
         at end of period ..................   $9,904,576    6,698,131     6,842,010
                                               ==========    =========     =========
</TABLE>


See accompanying notes to financial statements.
<PAGE>
                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

                          Notes to Financial Statements


(1)      Description of Plan

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

            General
            The  Plan is a  defined  contribution  plan  covering  employees  of
            General   Communication,   Inc.  and   affiliated   companies   (GCI
            Communication  Corp.,  GCI  Communication  Services,  Inc.  and  GCI
            Leasing  Co.,  Inc.)  ("Company")  who  have  completed  one year of
            service, as defined in the Plan agreement.

            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 ("before-tax
                           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.

            Eligible  employees  of  the  Company  may  elect  to  reduce  their
            compensation   in  any  even  dollar   amount  up  to  10%  of  such
            compensation  up to a maximum  of $9,240 in 1995 and 1994 and $8,994
            in 1993;  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  will  match
            employee salary reduction and after-tax  contributions in any amount
            (less the amount of any forfeitures)  determined by the Company each
            year, but not more than 10% of any one employee's  compensation will
            be matched in any pay period.  The combination of salary  reduction,
            after-tax  and  matching  contributions  cannot  exceed  25%  of any
            employee's compensation  (determined after salary reduction) for any
            year.  Salary reduction  contributions are subject to a compensation
            ceiling of $150,000 for 1995 and 1994 and $235,840 for 1993.
<PAGE>
            In 1993 and 1994, the Company matched  employee salary reduction and
            after-tax  contributions  100%  with  General  Communication,   Inc.
            ("GCI") Class A and Class B common stock,  limited to 10% of any one
            employee's  compensation  each pay period.  Commencing July 1, 1995,
            employee  contributions  invested  in GCI Class A and Class B common
            stock continue to receive up to 100% matching,  as determined by the
            Company 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 receive up to 50% matching,  as determined by the Company each
            year, in GCI Class A and Class B common stock.

            Amounts  contributed to the Plan by the Company are not taxed to the
            employee  until  distribution  upon  retirement,  hardship  or other
            termination.  Plan earnings are taxable to the employee  either upon
            distribution of the stock or eventual disposition of the stock.

            Participant Accounts
            Each  participant   account  is  credited  with  the   participant's
            contributions,  the employer matching  contributions and allocations
            of Plan earnings. Plan earnings are allocated quarterly based on the
            participant's  weighted  account  balance as a  proportion  of total
            weighted account balances during the calendar quarter.

            Vesting
            A participant's  interest in his or her Salary Reduction Account and
            Non-qualified  Voluntary  Account is always  fully vested and is not
            subject to forfeiture.
<TABLE>
            The participant's interest in the Company Matching Account is vested
            based upon years of service with the Company (as defined in the Plan
            agreement), in accordance with the following schedule:
<CAPTION>
                  Years of Service                     Vested Percentage
                  <S>                                        <C>
                  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
</TABLE>
            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 agreement).
<PAGE>
            A participant's interest in the Company Matching Account fully vests
            without   regard  to  the  number  of  years  of  service  when  the
            participant:  (i) 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
            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 amount of the  participant's  account that was
            forfeited previously will be restored. 

            Forfeitures
            If a participating employee terminates  participation for any reason
            other than retirement,  death or disability,  that portion of his or
            her  account  attributable  to Company  contributions  which has not
            vested will be forfeited. All amounts so forfeited will be allocated
            as  a  component  of  the  otherwise   required   employer  matching
            contribution  to the remaining  participating  employees  during the
            first  calendar  quarter  after  the end of the  year in  which  the
            forfeitures occur. Net forfeitures amounting to $8,012,  $22,604 and
            $19,961 as of December 31, 1994, 1993 and 1992,  respectively,  were
            allocated to the  accounts of the  remaining  participants  in 1995,
            1994 and 1993 in the ratio that the employer  match  balance of each
            participant's  account bears to the total employer match balances of
            all participants' accounts.


(2)      Summary of Significant Accounting Policies

         The Plan  financial  statements  are  based on the  accrual  method  of
         accounting with Plan investments stated at current value.

         The current  value of GCI Class A common  stock is 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 at December 31, 1995 and 1994.  The current value of GCI Class B
         common stock is determined  based on the average of the closing bid and
         ask prices as reported on the  over-the-counter  market at December 31,
         1995 and 1994. GCI Class B common stock is convertible into GCI Class A
         common  stock.  The current  value of MCI common  stock and TCI Class A
         common  stock is based on the average of the closing bid and ask prices
         as listed on the NASDAQ  National  Market  System at December 
<PAGE>
         31, 1995.  Mutual fund investments are carried at fair market value, as
         determined  by  individual  fund  management,  based upon quoted market
         prices.

         Purchases and sales of securities  are recorded on a trade-date  basis.
         The cost of securities is determined using the average cost method.

         Shares to be issued by GCI to the Plan  were  initially  registered  in
         1988 under the Federal Securities Act of 1933 (effective  September 14,
         1988) and under the Alaska Securities Act (effective October 26, 1988).
         A  subsequent  registration  was  completed  in 1993 under the  Federal
         Securities Act of 1933 (effective  April 5, 1993). In 1993, the Company
         relied upon an express  exemption  from  registration  under the Alaska
         Securities  Act. The  registration in 1993 provides for the acquisition
         by the Plan of up to  700,000  shares  of GCI  Class A common  stock at
         market  value and up to 100,000  shares of GCI Class B common  stock at
         market value.

(3)      Administration of Plan Assets

         On July 1,  1995,  The  Heintzberger  Company  ("Recordkeeper")  became
         recordkeeper of the Plan and National Bank of Alaska ("Trustee") became
         trustee of the Plan.  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.

         The Plan was amended in 1992 to conform with revised Rule 16b-3 adopted
         pursuant to the 1934 Securities  Exchange Act. Such amendment  provides
         restrictions  on  participation  after an officer or  director  makes a
         withdrawal  from the Plan,  limitations  on  further  participation  by
         officers  and  directors  after  ceasing  to  participate  in the Plan,
         approval of certain  amendments by  shareholders,  and  transferability
         restrictions.

         In December 1994 the Plan was amended and restated  effective  January,
         1989 to comply  with the Tax Reform  Act of 1986 and other  legislation
         ("TRA  '86").  Also in  December  1994 the Plan was  amended  to modify
         matching  contribution  requirements  and to allow  
<PAGE>
         diversification  of  investments  into selected  securities or funds as
         described  in  Footnotes  (1) and  (7),  respectively.  Investment  and
         matching contribution revisions to the Plan were implemented during the
         third quarter of 1995.

(5)      Refunded and Refundable Contributions

         During 1995 and 1993, the Plan did not meet the requirements of certain
         discrimination   tests  related  to  employee  and  employer   matching
         contributions  for certain highly  compensated  employees (as defined).
         Corrective distributions were made in December 1995 and 1993 to satisfy
         the  non-discrimination  test  requirements for the Plan years 1995 and
         1993, respectively.

(6)      Cash and Cash Equivalents

         Included  in  cash  and  cash   equivalents  is  an  interest   bearing
         certificate of deposit.  Cash and cash equivalents at December 31, 1995
         and  1994   include   restricted   cash  of  $111,130   and   $106,057,
         respectively. This cash has been restricted by participants from use in
         purchasing stock or other investments.

(7)      Investments

         In 1994 and 1995, the Plan was  self-administered and Plan participants
         invested  contributions  in GCI Class A and Class B common  stock only.
         Commencing July 1, 1995, the Plan diversified with expanded  investment
         choices offered to Plan participants as follows:

              GCI  Stock  Fund - a fund  invested  in  shares of GCI Class A and
              Class B common stock

              MCI  Communications  Corp ("MCI")  Stock Fund - a fund invested in
              shares of MCI common stock

              Tele-Communications,  Inc. ("TCI") Stock Fund - a fund invested in
              shares of TCI common stock

              Mutual Funds:

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

                  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 making  investments in small and
                  medium  sized   companies   considered   to  be   experiencing
                  above-average growth in revenue and earnings.
<PAGE>
                  Neuberger & Berman  Guardian  Fund - a mutual  fund  investing
                  primarily   in  a   large   number   of   common   stocks   of
                  long-established, high quality companies.

                  Vanguard  Short-Term  Corporate - a mutual fund  investing  in
                  corporate debt securities, federal, state and municipal agency
                  obligations, certificates of deposit and commercial paper.
<TABLE>
         Employees may elect to participate in more than one fund. The following
         table summarizes the number of employees  participating in each fund at
         December 31:
<CAPTION>
                                                      1995       1994       1993
                                                       ---        ---        ---
             <S>                                       <C>        <C>        <C>
             GCI Stock Fund ...................        234        207        164
             MCI Stock Fund ...................         32         --         --
             TCI Stock Fund ...................         13         --         --
             Fidelity Puritan Trust Fund ......         29         --         --
             Heartland Value Fund .............         52         --         --
             Meridian Fund ....................         29         --         --
             Neuberger & Berman Guardian Fund .         29         --         --
             Vanguard Short-Term Corporate ....          9         --         --
                                                       ---        ---        ---
                                                       427        207        164
                                                       ===        ===        ===
</TABLE>
(8)      Unrealized Appreciation (Depreciation) of Investments
<TABLE>
         The gross  unrealized  appreciation  (depreciation)  of Plan  assets at
         December 31 was as follows:
<CAPTION>
                                        1995             1994            1993
                                        ----             ----            ----
          <S>                       <C>                <C>             <C>
          GCI common stock ....     $ 3,922,986        2,121,995       3,660,914
          MCI common stock ....             404               --              --
          TCI common stock ....             117               --              --
          Mutual fund 
           investments ........          (1,166)              --              --
                                    -----------       ----------       ---------
                                    $ 3,922,341        2,121,995       3,660,914
                                    ===========       ==========       =========
</TABLE>
(9)      Net Realized Gain

         Fidelity  Puritan  Trust Fund had a net  realized  gain of $182 for the
         year ended December 31, 1995.
<PAGE>
(10)     Reconciliation of Financial Statements to Form 5500
<TABLE>
         The  following is a  reconciliation  of net assets  available  for Plan
         benefits as reported in the  accompanying  financial  statements to the
         Form 5500:
<CAPTION>
                                                          1995           1994
                                                          ----           ----
          <S>                                         <C>              <C>
          Net assets available for Plan benefits as
           reported in the accompanying financial
           statements .............................   $ 9,904,576      6,698,131
          Benefits payable ........................      (133,928)            --
                                                      -----------      ---------

          Net assets available for Plan benefits
           per the Form 5500 ......................   $ 9,770,648      6,698,131
                                                      ===========      =========
</TABLE>
<TABLE>
         The following is a  reconciliation  of benefits paid to participants as
         reported in the accompanying  financial  statements to the Form 5500 at
         December 31, 1995:
<CAPTION>
                           <S>                                          <C>
                           Benefits paid to participants as
                             reported in the accompanying financial
                             statements .............................   $554,618
                           Add: Benefits payable at December 31, 1995    133,928
                                                                        --------

                           Benefits paid to participants per
                             the Form 5500 ..........................   $688,546
                                                                        ========
</TABLE>
         Benefits payable is recorded on the Form 5500 for amounts requested for
         distribution but not paid as of December 31.

(11)     Income Taxes

         The Plan is qualified  under  Section  401(a) of the Code pursuant to a
         tax  determination  letter  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.

         In  December  1994,  an  application  was  submitted  to the  IRS for a
         determination  as to the  Plan's  qualification  status  under  Section
         401(a) of the Code associated with Plan changes for TRA '86, investment
         diversification and modification of the employer matching  contribution
         percentage.  On February 8, 1996 the IRS issued a determination  letter
         stating  that these  amendments  to the Plan meet the  requirements  of
         section 401(a) of the Code.
<PAGE>
<TABLE>
                                                         Supplemental Schedule I

                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

           Item 27a - Schedule of Assets Held for Investment Purposes

                                December 31, 1995


<CAPTION>
                                                                         Current
Identity of Issue           Description of Investment         Cost         Value
-----------------           -------------------------         ----         -----
<S>                         <C>                         <C>            <C>    
General Communication, Inc. 1,913,270 shares of Class   $5,643,364     9,566,350
                            A and Class B common stock

MCI Communications Corp.    390 shares of common stock       9,785        10,189

Tele-Communications, Inc.   180 shares of Class A            3,461         3,578
                            common stock

Mutual fund investments:
Fidelity Puritan Trust 
     Fund                   650 shares                      10,912        11,049
Heartland Value Fund        954 shares                      27,684        26,669
Meridian Fund               411 shares                      12,207        12,279
Neuberger & Berman
     Guardian Fund          527 shares                      12,523        12,138
Vanguard Short-Term
     Corporate              214 shares                       2,307         2,332
                                                        ----------     ---------
       Total mutual fund
              investments                                   65,633        64,467
                                                        ----------     ---------

                  Investments at December 31, 1995      $5,722,243     9,644,584
                                                        ==========     =========
</TABLE>
<PAGE>
<TABLE>
                                                                                                            Supplemental Schedule II
                           GENERAL COMMUNICATION, INC.
                                   
                          EMPLOYEE STOCK PURCHASE PLAN

        Allocation of Plan Assets and Liabilities to Investment Programs

                                December 31, 1995


<CAPTION>
                                                                   Fidelity                     Neuberger &
                                           GCI       MCI    TCI    Puritan  Heartland             Berman    Vanguard
                                          Stock     Stock  Stock    Trust     Value    Meridian  Guardian  Short-Term
                                          Fund      Fund   Fund     Fund      Fund       Fund      Fund     Corporate         Total
                                          ----      ----   ----     ----      ----       ----      ----     ---------         -----
<S>                                  <C>          <C>     <C>     <C>       <C>        <C>       <C>            <C>        <C>
Assets:
 Cash and cash equivalents ......... $  204,905    1,038    471        6        19          7         6             1        206,453
                                     ----------   ------  -----   ------    ------     ------    ------         -----      ---------
 Investments:
  General Communication, Inc.
  common stock, at current value -
  1,913,270 and 1,648,323 shares
  at December 31, 1995 and 1994,
  respectively (cost of $5,643,364
  and $4,368,278, respectively) ....  9,566,350       --     --       --        --         --        --            --      9,566,350

  MCI Communications Corp. 
  common stock, at current value -
  390 shares at December 31, 1995
  (cost of $9,785) .................         --   10,189     --       --        --         --        --            --         10,189

  Tele-Communications, Inc. 
  common stock, at current value -
  180 shares at December 31, 1995
  (cost of $3,461) .................         --       --  3,578       --        --         --        --            --          3,578

  Mutual fund investments
  (cost of $65,633 in 1995) ........         --       --     --   11,049    26,669     12,279    12,138         2,332         64,467
                                     ----------   ------  -----   ------    ------     ------    ------         -----      ---------
                                      9,566,350   10,189  3,578   11,049    26,669     12,279    12,138         2,332      9,644,584

 Contributions receivable:
  Employee .........................     20,502    1,226    385      958     1,858      1,062     1,311           216         27,518
  Employer .........................     25,328       --     --       --        --         --        --            --         25,328

 Investment income receivable ......        676       12      4       --         1         --        --            --            693
                                     ----------   ------  -----   ------    ------     ------    ------         -----      ---------

     Net assets available
        for plan benefits .......... $9,817,761   12,465  4,438   12,013    28,547     13,348    13,455         2,549      9,904,576
                                     ==========   ======  =====   ======    ======     ======    ======         =====      =========
</TABLE>
<PAGE>
<TABLE>
                           GENERAL COMMUNICATION, INC.                                                     Supplemental Schedule III
                          EMPLOYEE STOCK PURCHASE PLAN

   Allocation of Plan Income and Changes in Plan Equity to Investment Programs

                          Year ended December 31, 1995



<CAPTION>                                                                                                                          
                                           GCI       MCI    TCI    Puritan  Heartland             Berman    Vanguard
                                          Stock     Stock  Stock    Trust     Value    Meridian  Guardian  Short-Term
                                          Fund      Fund   Fund     Fund      Fund       Fund      Fund     Corporate        Total
                                          ----      ----   ----     ----      ----       ----      ----     ---------        -----
<S>                                <C>            <C>     <C>     <C>       <C>        <C>       <C>            <C>        <C>
Contributions:
 Employee share................... $   831,397    12,018  4,300   11,551    29,562     13,258    13,830         2,507        918,423
 Employer share...................     864,376         -      -        -         -          -         -             -        864,376
                                    ----------    ------  -----   ------    ------     ------    ------         -----      ---------
                                     1,695,773    12,018  4,300   11,551    29,562     13,258    13,830         2,507      1,782,799

Allocated forfeitures.............       8,012         -      -        -         -          -         -             -          8,012

Investment income:
 Interest income..................       9,561        37     21      221         -          -         -             -          9,840
 Dividend income..................           -         6      -      104         -         17        10            18            155
 Net change in unrealized
   appreciation (depreciation)
   of investments.................   1,960,902       404    117      137    (1,015)        73      (385)           24      1,960,257
                                    ----------    ------  -----   ------    ------     ------    ------         -----      ---------
                                     3,674,248    12,465  4,438   12,013    28,547     13,348    13,455         2,549      3,761,063

Distributions:
 Employee withdrawals.............     554,618         -      -        -         -          -         -             -        554,618
                                    ----------    ------  -----   ------    ------     ------    ------         -----      ---------
                                                     
Net increase in net assets........   3,119,630    12,465  4,438   12,013    28,547     13,348    13,455         2,549      3,206,445

Net assets available for plan 
 benefits at beginning of period..   6,698,131         -      -        -         -          -         -             -      6,698,131
                                   -----------    ------  -----   ------    ------     ------    ------         -----      ---------
Net assets available for plan 
 benefits at end of period........ $ 9,817,761    12,465  4,438   12,013    28,547     13,348    13,455         2,549      9,904,576
                                   ===========    ======  =====   ======    ======     ======    ======         =====      =========
</TABLE>
<PAGE>
<TABLE>
                                                        SUPPLEMENTAL SCHEDULE IV

                           GENERAL COMMUNICATION, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

                 Item 27d - Schedule of Reportable Transactions

                                December 31, 1995


<CAPTION>
                                                               Current Value
 Identity of                          Purchase     Cost of      of Asset on        Net Gain
Party Involved  Description of Asset   Price        Asset      Transaction Date    or (loss)
--------------  --------------------   -----        -----      ----------------    ---------
<S>             <C>                  <C>          <C>              <C>                <C>
Series of       GCI Class A and B    $1,651,160   $1,651,160       $1,651,160         ---
transactions    common stock
</TABLE>



<PAGE>
                                                                         Exhibit








                         CONSENT OF INDEPENDENT AUDITORS





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


We consent to incorporation by reference in the Form S-8 Registration  Statement
(No.  33-24029) of our report dated March 1, 1996 related to the  statements  of
net assets available for plan benefits of General  Communication,  Inc. Employee
Stock Purchase Plan as of December 31, 1995 and 1994 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,  1995,  which report  appears in the
December  31, 1995  annual  report on Form 11-K of General  Communication,  Inc.
Employee Stock Purchase Plan.





                                            /s/KPMG PEAT MARWICK LLP



March 1, 1996

<PAGE>
SIGNATURE

                Pursuant to the  requirements of the Securities  Exchange Act of
1934,  the  administrator  of the Plan has duly caused this annual  report to be
signed by the undersigned thereunto duly authorized.



                                         GENERAL COMMUNICATION, INC.
                                         EMPLOYEE STOCK PURCHASE PLAN



                                         By /s/ Alfred J. Walker
                                            Alfred J. Walker
                                            Plan Administrator

Dated:  March 1, 1996