GCI completes acquisition of Alaska fiber provider Quintillion
Liberty Capital subsidiary GCI has completed its purchase of Quintillion, which operates more than 1,800 miles of subsea and terrestrial fiber in Alaska.
GCI announced completion of its acquisition of Quintillion on November 9. The April agreement disclosed a $310 million enterprise value, subject to adjustments, with up to $50 million in qualifying capital-expenditure reimbursement and a potential earnout as separate terms.
Billy Wailand, Senior Vice President of Corporate Development at GCI, said combining the networks will increase routing diversity and support greater reliability across Alaska. GCI said existing customer relationships and contracts will continue without interruption during integration.
Deal facts
- Target
- Quintillion
- Business
- Alaska fiber infrastructure provider operating subsea and terrestrial fiber networks
- Buyer
- GCI Holdings, LLC
- Seller
- Grain Management
- Deal type
- Exit
- Value
- $310 million enterprise value
- Status
- Completed
- Announced
- Wednesday, April 22, 2026
Sources
- Business Wire via Business WireNov 9, 2026
- Business WireNov 9, 2026
- GCIApr 22, 2026
- GCINov 9, 2026
- U.S. Securities and Exchange Commission
- Grain Management
- Baker BottsApr 23, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.