GCI Says Timing of $120M Provisional BEAD Award Uncertain Amid Federal Review

WASHINGTON, Feb. 17, 2026 – GCI Liberty said it has been provisionally awarded approximately $120 million in federal Broadband Equity, Access, and Deployment funding, though executives cautioned that the timing of final approval remains uncertain as Alaska continues negotiations with the National Telecommunications and Information Administration.

Speaking on the company’s earnings call, CEO Ron Duncan said any BEAD funding ultimately received would help offset capital costs tied to expanding service to unserved areas across the state. The award remains subject to NTIA approval.

“There remains substantial uncertainty about the timing of the final awards, as the state is still in active negotiations with the NTIA regarding the ultimate distribution of Alaska's BEAD funding,” Duncan said.

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