{"id":953678,"date":"2026-04-22T09:03:49","date_gmt":"2026-04-22T13:03:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gci-to-acquire-quintillion-strengthening-alaskas-fiber-infrastructure\/"},"modified":"2026-04-22T09:03:49","modified_gmt":"2026-04-22T13:03:49","slug":"gci-to-acquire-quintillion-strengthening-alaskas-fiber-infrastructure","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gci-to-acquire-quintillion-strengthening-alaskas-fiber-infrastructure\/","title":{"rendered":"GCI to Acquire Quintillion, Strengthening Alaska\u2019s Fiber Infrastructure"},"content":{"rendered":"

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GCI to Acquire Quintillion, Strengthening Alaska\u2019s Fiber Infrastructure<\/b><\/p>\n

Integrated networks will improve reliability, resiliency, and performance<\/i><\/p>\n

ANCHORAGE, Alaska–(BUSINESS WIRE<\/a>)–
\nGCI Holdings, LLC (\u201cGCI\u201d), a wholly owned subsidiary of GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK) and Grain Management, LLC announced today that they have entered into a definitive agreement under which GCI will acquire 100% of the equity in Q Gateway Intermediate Holdings, LLC (\u201cQuintillion\u201d), a fiber infrastructure provider in Alaska. The transaction will combine Quintillion\u2019s 1,800+ miles of existing subsea and terrestrial fiber and ~1,500 miles of planned fiber expansion with GCI\u2019s statewide network and operations, advancing GCI\u2019s mission to deliver reliable connectivity for Alaskans<\/a>.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260421345045\/en\/<\/a><\/p>\n

\"Kotzebue<\/p>\n

Kotzebue (pictured), one of the communities served by Quintillion\u2019s fiber infrastructure, sits 26 miles above the Arctic Circle in Northwest Alaska.<\/p>\n<\/div>\n

\n\u201cThis combination is more than the sum of its parts,\u201d said Billy Wailand, Senior Vice President of Corporate Development at GCI<\/b>. \u201cBy bringing together complementary fiber routes, deep operational expertise, and long\u2011term investment under one operating model, we\u2019re building a network that is stronger, more resilient, and better suited to Alaska\u2019s realities than either company could deliver on its own.\u201d<\/p>\n

\n\u201cQuintillion set out to build resilient, Arctic\u2011ready fiber infrastructure in some of the most challenging operating environments in the world, and I\u2019m incredibly proud of the network and business our team has built,\u201d said Mac McHale, President of Quintillion<\/b>. \u201cGCI brings Alaska expertise, long-term commitment, and the operational scale needed to carry this network forward. We\u2019re confident these assets will be in good hands.\u201d<\/p>\n

Improving Reliability Through Ringed Networks<\/b><\/p>\n

\nNetwork reliability is especially important in Alaska, where telecommunications are central to daily life, healthcare, education, and public safety, yet operators contend with some of the harshest conditions in North America. The integration of GCI\u2019s and Quintillion\u2019s complementary networks will materially improve reliability for customers by increasing routing diversity and reducing the risk and duration of outages. The combined network footprint will support a self-healing, ringed network architecture that allows traffic to automatically reroute when disruptions occur, providing more dependable connectivity for the residents of some of the most remote communities in the nation.<\/p>\n

Unified Network Operations with Alaska\u2011Based Expertise<\/b><\/p>\n

\nFollowing the close of the transaction, GCI will operate the combined network using its best\u2011in\u2011class monitoring, maintenance, and restoration capabilities. GCI\u2019s Alaska\u2011based operations teams bring decades of experience managing fiber, microwave, and satellite networks in some of the most remote and unforgiving environments in North America.<\/p>\n

\nCentralizing network management under one operator will improve day\u2011to\u2011day performance and provide clear accountability during outages and restoration efforts. The combined network will benefit from unified network planning, preventative maintenance, coordinated repair readiness, and long\u2011term capital investment decisions optimized across the full footprint.<\/p>\n

Expanding Access Through Strategic Grants and Private Investment<\/b><\/p>\n

\nGCI and Quintillion share a common approach to expanding broadband access across Alaska: pairing significant private investment with federal and state grant programs to extend high\u2011capacity infrastructure into regions that would otherwise be difficult or uneconomic to serve.<\/p>\n

\nFollowing the transaction closing, GCI will complete Quintillion\u2019s existing grant projects in progress, leveraging its deep experience delivering large\u2011scale projects and continuing its history of responsible stewardship of public funding. It will operate the combined infrastructure as part of a unified network, ensuring continuity for participating communities.<\/p>\n

Supporting National Defense, Public Safety, and Strategic Communications<\/b><\/p>\n

\nReliable communications infrastructure in Alaska is critically important to U.S. national security and Arctic operations. Alaska\u2019s strategic geographic position, harsh environment, and expanding mission requirements make resilient, quickly recoverable networks essential for defense, emergency response, aviation, maritime activity, and governmental operations.<\/p>\n

\nBy strengthening redundancy, improving restoration capabilities, and enhancing operational coordination, the combined GCI\u2013Quintillion network will improve communications reliability in regions that support mission\u2011critical and national defense\u2011related activities across the Arctic.<\/p>\n

Key Transaction Terms<\/b><\/p>\n