Alaska’s GCI Acquiring Quintillion

WASHINGTON, April 23, 2026 – Alaskan cable operator GCI Liberty is purchasing Quintillion, a subsea fiber provider in the state, at a valuation of $310 million.

Once the deal is closed, GCI will provide a $160 million unsecured loan to Quintillion and will reimburse up to $50 million in expenses related to the construction of a largely subsea fiber line stretching 1,200 miles from Nome to Homer, Ak.

The companies said in a release Wednesday that Quintillion holds more than 1,800 miles in existing subsea and terrestrial fiber and is planning on about 1,500 more. GCI has about 151,000 broadband subscribers in Alaska and about 200,000 wireless lines.

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