STOCK TITAN

Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock - LBRDP STOCK NEWS

Welcome to our dedicated page for Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock news (Ticker: LBRDP), a resource for investors and traders seeking the latest updates and insights on Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock stock.

Liberty Broadband Corporation, a cable operator, provides video, internet, and voice services to residential and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers precision location solutions for mobile device makers, wireless carriers, and asset tracking platforms. It also provides geospatial insights for enterprises, research firms, financial institutions, and advertisers. Liberty Broadband Corp serves in the telecommunications industry in the United States, providing cable services through fiber, hybrid fiber, and coaxial cable infrastructure.

Rhea-AI Summary

Liberty Broadband reported Q3 2021 results highlighting a fair value of Charter investment at $40 billion. From August 1 to October 31, the company generated $1.2 billion from selling 1.5 million Charter shares while maintaining a 26% equity interest in Charter. Share repurchases totaled 5.3 million LBRDA/K shares at an average price of $177.50, costing $935 million. GCI's revenue grew 1% to $246 million, but adjusted OIBDA fell 3% to $89 million. The company amended a credit facility, extending maturity to October 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
-
Rhea-AI Summary

Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP) will host a conference call on November 4, 2021, at 11:15 a.m. (E.D.T.) to discuss its third-quarter results. The earnings report will be issued before market open that day. The conference will include a Q&A session following management's remarks. Participants can listen live via the Liberty Broadband website. Liberty Broadband holds significant interests in communications businesses, mainly in Charter Communications and its subsidiary GCI, Alaska's leading communications provider.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
-
Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) will host its annual Investor Meeting on November 18, 2021, in New York, NY. The event will feature presentations on Liberty's financial performance and outlook, along with those of affiliated companies like Charter Communications. Attendees must provide proof of vaccination against COVID-19. A livestream will be available for participants unable to attend in person. A Q&A session will follow the presentations, with stockholders encouraged to submit questions in advance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). This dividend will be payable on October 15, 2021 to shareholders on record as of the close of business on September 30, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and its subsidiary GCI, which serves Alaskan consumers and businesses for nearly 40 years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
dividends
-
Rhea-AI Summary

Liberty Broadband reported a strong second quarter 2021, with revenues from GCI growing 7% to $238 million. The company maintained a 26% equity interest in Charter, with a fair value of $41 billion. Liberty Broadband repurchased 7.5 million shares of Series C stock, spending $1.3 billion, and increased share repurchase authorization to $2.5 billion. Operating income improved to $18 million, and adjusted OIBDA rose 14% to $89 million, driven by subscriber growth and demand for data.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
-
Rhea-AI Summary

Yukon-Kuskokwim Health Corporation (YKHC) and GCI are applying for a $53 million federal grant to enhance internet connectivity in Bethel, Alaska. The project aims to provide high-speed, low-latency fiber internet, achieving urban-level speeds of 1 gigabit per second, impacting 30,000 residents and local businesses. The application for funding will be submitted to the NTIA by September 1, 2021, with awards expected by the year's end. YKHC states that this will significantly improve accessibility and affordability of internet services in the remote region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) is set to host a conference call on August 6, 2021, at 11:15 a.m. (E.D.T.) to discuss its Q2 2021 results. A press release detailing these results will be issued prior to market open on the same day. The call will include a brief Q&A session, addressing financial performance and future outlook for Liberty Broadband and Liberty TripAdvisor Holdings. The conference will be available via live internet broadcast and can be accessed later as a replay on Liberty Broadband’s website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
-
Rhea-AI Summary

GCI has announced a transformative $150 million partnership with Intelsat to enhance its satellite capacity. This collaboration aims to increase GCI's geosynchronous satellite capacity, addressing the growing connectivity needs in rural Alaska. The partnership will provide access to expanded C-band, Ku-band, and new Ka-band services, nearly quadrupling GCI's satellite capacity. GCI emphasizes its commitment to rural communities and will integrate future technologies, including low earth orbit satellites, ensuring a robust network for their customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
-
Rhea-AI Summary

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) announced a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (LBRDP). The dividend will be payable on July 15, 2021, to shareholders of record as of June 30, 2021. Liberty Broadband holds significant interests in communications companies, notably Charter Communications and its subsidiary GCI, Alaska's largest communications provider, serving the region for nearly 40 years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
dividends
Rhea-AI Summary

GCI, Alaska's largest telecommunications company, announced plans to deliver 2 gig internet access to 77% of Alaskans by 2022, becoming a national leader in internet speeds. This expansion includes an upgrade from the current 1 gig service at no additional cost for existing customers on GCI+ red plans. GCI also revealed plans to enhance service to remote communities, with the eventual goal of providing 10 gig speeds in the next five years. The company has invested over $3 billion in its Alaska network over the past 40 years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none

FAQ

What is the current stock price of Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock (LBRDP)?

The current stock price of Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock (LBRDP) is $23.95 as of November 22, 2024.

What services does Liberty Broadband Corporation provide?

Liberty Broadband provides video, internet, and voice services to residential and small and medium business customers in the United States.

What are the segments through which Liberty Broadband operates?

The company operates through Skyhook and Charter segments.

What is the focus of the Skyhook segment of Liberty Broadband?

The Skyhook segment offers precision location solutions for mobile device makers, wireless carriers, and asset tracking platforms.

Who does Liberty Broadband's geospatial insights cater to?

Geospatial insights are provided for enterprises, research firms, financial institutions, and advertisers.

What type of infrastructure does Liberty Broadband use for its cable services?

The company provides cable services through fiber, hybrid fiber, and coaxial cable infrastructure.

Where does Liberty Broadband predominantly operate?

Liberty Broadband operates in the telecommunications industry in the United States.

What are the reportable segments of Liberty Broadband?

The reportable segments are GCI Holdings and Charter.

What is the majority revenue source for Liberty Broadband?

The company derives the majority of its revenue from GCI Holdings.

What are the key services provided by Liberty Broadband for residential customers?

The services include video services, internet services, voice services, and mobile services.

What are the services offered by Liberty Broadband for commercial customers?

Commercial services include solutions for small and medium businesses, enterprise solutions, advertising services, and other services.

Liberty Broadband Corporation Series A Cumulative Redeemable Preferred Stock

Nasdaq:LBRDP

LBRDP Rankings

LBRDP Stock Data

6.69M
6.84%
25.69%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
ENGLEWOOD