GCI Completes Acquisition of Quintillion

ANCHORAGE, Alaska--(BUSINESS WIRE)--Nov 9, 2026--

GCI Holdings, LLC (“GCI”), a wholly owned subsidiary of Liberty Capital Corporation (Nasdaq: GLIBA, GLIBK), today announced the completion of its acquisition of Q Gateway Intermediate Holdings, LLC (“Quintillion”), an Alaska fiber infrastructure provider.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261108228290/en/

The transaction brings Quintillion’s more than 1,800 miles of existing subsea and terrestrial fiber and approximately 1,500 miles of planned fiber expansion together with GCI’s statewide communications network under a unified operational framework supporting better coordinate planning, monitoring, maintenance and restoration.

“Bringing these networks together will increase routing diversity and support greater reliability across Alaska,” said Billy Wailand, Senior Vice President of Corporate Development at GCI. “Our Alaska-based teams are passionate about GCI’s vision—for all Alaskans to be connected. Working together with local stakeholders, we look forward to integrating Quintillion’s network into our own and using the combined network to deliver fast, reliable service that supports a thriving and healthy rural Alaska.”

What Happens Next

GCI will begin integrating Quintillion into its statewide network. Existing customer relationships, contractual obligations and service arrangements will continue without interruption as the integration moves forward.

GCI will also continue advancing Quintillion’s ongoing fiber expansion and grant-funded projects, working with customers, communities and project partners throughout the transition.

About GCI

Headquartered in Alaska, GCI provides data, mobile, voice and managed services to consumer, business, government, and carrier customers throughout Alaska, serving more than 200 communities. The company has invested more than $5 billion in its Alaska network and facilities over the past 45+ years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska. Learn more about GCI at www.gci.com. GCI is a wholly owned subsidiary of Liberty Capital Corporation (Nasdaq: GLIBA, GLIBK).

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About Liberty Capital Corporation

Liberty Capital Corporation (Nasdaq: GLIBA, GLIBK) consists of its wholly owned subsidiary GCI. GCI is Alaska’s largest communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska, serving more than 200 communities. GCI has invested more than $5 billion in its Alaska network and facilities over the past 45+ years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska.

Forward-Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to expectations regarding the GCI and Quintillion businesses and prospects. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as “possible” or “expects” or other words or phrases of similar import or future or conditional verbs such as “will,” “may,” “would,” “could,” or similar variations. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, the ultimate outcome and results of integrating Quintillion’s operations, the ultimate outcome of Liberty Capital’s operating efficiencies after the consummation of the transaction, and the ability of Liberty Capital to realize the expected synergies and other benefits. These forward-looking statements speak only as of the date of this communication, and Liberty Capital and GCI expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in their expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Capital, including its most recent Form 10-K and Forms 10-Q, as such risk factors may be amended, supplemented or superseded from time to time by other reports Liberty Capital subsequently files with the SEC, for additional information about Liberty Capital and about the risks and uncertainties related to Liberty Capital’s business which may affect the statements made in this communication.

The completion of GCI's acquisition of Quintillion strengthens the integrated fiber infrastructure serving communities across Alaska, including Kotzebue (pictured).

MUNICH (AP) — Bayern Munich powerbroker Uli Hoeneß has cast doubt on Jamal Musiala’s ability to return to the player he was before he was diagnosed with a neurological dysfunction.

Hoeneß — Bayern’s honorary president after more than four decades at the club as a player and manager — also questioned whether the 23-year-old Musiala could justify his high salary per the agreement they reached before his on-field seizures in August.

“He has a condition that cannot be easily cured, though it can be managed to some extent with medication. But whether he will ever regain the level of performance he once had …,” the 74-year-old Hoeneß told local broadcaster Bayerischer Rundfunk on Sunday.

“Yet he continues to receive his pay. Just imagine if FC Bayern were to call his contract into question, arguing that his current level of performance no longer aligns with the terms of the agreement.”

Musiala is among the top-earners at Bayern after extending his contract last year through June 2030.

“People go to the stadium for players like Jamal Musiala. He’s a truly exceptional player,” Bayern president Herbert Hainer said at the time.

But Musiala has been unable to shine this season after collapsing during preseason games in August. He posted on social media that he was diagnosed with “absence seizures caused by a neurological dysfunction,” that it wasn’t a risk to his health, and he intended to keep playing.

Bayern board member for sport Max Eberl and coach Vincent Kompany said they had been aware of the issue for at least a year and that a change in medication caused the Bayern star to collapse.

Musiala returned to team training and scored the opening goal in Bayern’s 5-0 Champions League win over Bodø/Glimt in September.

But he sustained a torn muscle fiber in his right thigh during warmups while on international duty that month and has yet to return. Musiala has made only four appearances across all competitions for Bayern this season.

See AP’s full soccer coverage here

FILE - Bayern's Jamal Musiala warms up during the German Bundesliga soccer match between FC Schalke 04 and Bayern Munich in Gelsenkirchen, Germany, Sept. 5, 2026. (AP Photo/Martin Meissner, File)

FILE - Bayern Munich honorary president Uli Hoeness talks to journalists as he arrives for a welcome at the town hall where the players celebrate winning the Bundesliga title downtown Munich, Germany, May 17, 2026. (AP Photo/Matthias Schrader, File)