GCI Holdings, a subsidiary of Liberty Capital Corporation, completed its acquisition of Alaskan fibre infrastructure provider Quintillion on 9 November 2026, in a deal valued at US$310m including debt.
Why GCI Holdings, LLC (Liberty Capital Corporation) is buying Quintillion (Q Gateway Intermediate Holdings, LLC)
GCI says combining the networks will increase routing diversity and improve reliability across Alaska, with Quintillion's expansion and grant-funded projects continuing during integration.
Deal terms and financing
The April 2026 agreement set an enterprise value of US$310m for 100% of Quintillion's equity, plus a US$160m unsecured loan, up to US$50m of capital expenditure reimbursement and potential earn-out payments in 2028, 2029 and 2031.
Regulatory approvals and timing
The Federal Communications Commission approved the deal in October 2026.
In the rankings
