Most Americans are familiar with Apple Apple, Exxon Mobil Exxon Mobil, Microsoft Microsoft, and Google Google—huge companies, whose products many of us interact with on a daily basis. But how about General Communications, Inc.?
Based in Anchorage, Alaska, General Communications bills itself as that state’s biggest provider of wireless network, with the fastest high-speed internet and digital cable television for home and business. Its market cap, as of close of trading on Nov. 3, is $472 million. Nothing to sneeze at, yet compared to America’s largest public company, Apple–which has a market capitalization of $641.8 billion—General Communications is just 0.07% Apple’s size. Nonetheless, General Communications, Inc., is Alaska’s largest public company.
Among the biggest companies by state traded on the major exchanges, the five smallest are located in New Mexico, Wyoming, Alaska, and Vermont. The smallest company on a major exchange to make our list is $68.2 million (market cap) Anchorage-based Alaska Communications Systems Group, Inc., which provides broadband to businesses and consumers in Alaska and claims to have “the most diverse undersea fiber optic system connecting Alaska to the contiguous United States.” The next two smallest are both located in Wyoming: $73.2 million (market cap) Riverton-based U.S. Energy Corp., an oil and natural gas exploration company, and $78.9 million (market cap) Casper-based Uranerz Energy Corporation, a uranium mining firm.
