This paper presents effects of boundary conditions and axial loading on frequency characteristics of rotating laminated conical shells with meridional and circumferential stiffeners, i.e., stringers and rings, using Generalized Differential Quadrature Method (GDQM). Hamilton's principle is applied when the stiffeners are treated as discrete elements. The conical shells are stiffened at uniform intervals and it is assumed that the stiffeners have similar material and geometric properties. Equations of motion as well as equations of the boundary condition are transformed into a set of algebraic equations by applying the GDQM. Obtained results discuss the effects of parameters such as rotating velocities, depth to width ratios of the stiffeners, number of stiffeners, cone angles, and boundary conditions on natural frequency of the shell. The results will then be compared with those of other published works particularly with a non-stiffened conical shell and a special case where angle of the stiffened conical shell approaches zero, i.e. a stiffened cylindrical shell. In addition, another comparison is made with present FE method for a non-rotating stiffened conical shell. These comparisons confirm reliability of the present work as a measure to approximate solutions to the problem of rotating stiffened conical shells.