GCI Liberty filings document the public reporting of a Nevada operating company with Series A and Series C GCI Group common stock listed on Nasdaq. The filings cover operating results and financial condition for the GCI business, Regulation FD disclosures, material-event reports, capital-structure matters, and references to the company’s annual and quarterly reports.
Proxy and 8-K filings describe annual meeting procedures, shareholder voting matters, governance, voting-control disclosures, and employee benefit plan blackout notices involving GCI Group common stock. The record also includes disclosures tied to regulatory approvals affecting control of GCI Liberty and its subsidiaries, including GCI Communication Corp.
GCI Liberty, Inc. reported results of its annual meeting and a change in its strategy around Liberty Latin America Ltd. (“LLA”). Stockholders re-elected two directors, ratified KPMG as auditor, approved executive pay and chose to hold future say-on-pay votes every three years.
They also approved an amendment to the articles of incorporation requiring “internal actions” under Nevada law to be tried by a judge rather than a jury, which became effective upon filing with the Nevada Secretary of State. Separately, Chairman Dr. John C. Malone ended talks on a larger LLA-related transaction and offered to buy GCI Liberty’s 6% equity interest in LLA at the same $8.63 per share price the company paid, returning about $107 million of cash to GCI Liberty’s balance sheet.
GCI Liberty reported weaker first quarter 2026 results while advancing major strategic investments. Revenue declined to $256 million from $266 million, with operating income falling to $30 million from $58 million and Adjusted OIBDA decreasing 18% to $93 million. Net earnings were $18 million, or $0.45 per share, down from $35 million, or $1.13 per share, as higher operating and public company costs and increased stock-based compensation weighed on margins.
The company agreed to acquire Alaska fiber provider Quintillion for $310 million in cash plus up to $50 million of reimbursed capital spending and possible earn-outs, expecting the deal to be accretive to free cash flow. It also bought $107 million of Liberty Latin America shares, gaining about a 6% equity stake, and is in talks to acquire Dr. John Malone’s LLA interests in exchange for new Series C shares. Trailing twelve‑month free cash flow was $99 million on $329 million of operating cash flow.
GCI Liberty reported first-quarter 2026 revenue of $256 million, down from $266 million a year earlier, as declines in consumer data and business data offset modest wireless growth. Net earnings fell to $18 million from $35 million, and Adjusted OIBDA declined to $93 million from $113 million.
Operating costs rose, including higher business distribution, technology, stock-based compensation and acquisition expenses tied to the planned $310 million Quintillion purchase. The company ended March 31, 2026 with $435 million of cash and $970 million of total debt, supported by a March 2026 rights offering that raised approximately $300 million.
GCI Liberty also agreed to a Term Loan Credit Agreement of $160 million with the Quintillion seller, and bought about $107 million of Liberty Latin America shares. The board approved renaming the parent to Liberty Capital Corporation while retaining existing stock tickers.
Vanguard Portfolio Management reported beneficial ownership of 240,239 shares of GCI Liberty Inc common stock, representing 6.58% of the class as of 03/31/2026. The filing states Vanguard Portfolio Management LLC and affiliated business divisions exercise dispositive power over these shares and that ownership includes shares held for Vanguard funds and managed accounts. The filing is signed by Ashley Grim on 04/28/2026.
GCI Liberty Inc: Vanguard Capital Management reported beneficial ownership of 205,366 shares of Common Stock, representing 5.62% of the class.
The filing states Vanguard Capital Management has sole dispositive power over 205,366 shares and sole voting power over 23,067 shares. Ownership is held on behalf of multiple Vanguard affiliates and funds, per the filing.
GCI Liberty, Inc., through its subsidiary GCI Holdings, agreed to acquire all equity of Alaska fiber operator Quintillion from Q Gateway Ultimate Holdings. GCI will pay $310 million in cash at closing, subject to working capital and other adjustments, plus reimbursement of up to $50 million of specified pre-closing capital spending and contingent earn-out payments tied to Quintillion gross revenue thresholds for 2027, 2028 and 2030.
GCI may settle the 2030 earn-out partly in Series C GCI Group Common Stock, with the share value based on the 10-day volume-weighted average price after filing its 2030 Form 10‑K. Closing requires antitrust clearance, Federal Communications Commission consents, completion and operability of key Alaska fiber routes, and no legal prohibition. If closing fails by the 18‑month End Date or is blocked by law or order under specified conditions, GCI would owe the seller a $10 million termination fee.
Concurrently, GCI, LLC entered into a $160 million term loan Credit Agreement with the seller as borrower. The loan bears interest at SOFR plus 8.50%, with a portion potentially paid in cash and the balance paid in kind, and will be automatically credited against the purchase price if the transaction closes or otherwise mature in 2031. The parties also agreed to a registration rights framework for any stock issued as earn-out consideration and highlighted strategic benefits from integrating GCI’s and Quintillion’s Alaska fiber networks.
GCI Liberty, Inc. announced that, as of April 22, 2026, it has received all required regulatory approvals, including from the Federal Communications Commission, allowing its Chairman, Dr. John C. Malone, to hold de jure voting control of the company and its subsidiaries, including GCI Communication Corp.
An existing letter agreement dated December 31, 2024, that had limited Dr. Malone’s voting power to below 50% has terminated by its terms. Dr. Malone may now vote his equity ownership in full, representing an approximate 53.7% voting interest based on outstanding shares as of March 23, 2026.
GCI Liberty, Inc. announced it will release and discuss its first quarter 2026 results on a conference call scheduled for Thursday, May 7 at 11:15 a.m. E.T. A press release with the results will be issued before the market opens that day.
The call will include prepared remarks and a brief Q&A session covering GCI Liberty and Liberty Broadband Corporation, and may address financial performance, outlook and other forward-looking matters. The information is being furnished under Regulation FD and is not deemed filed.
GCI Liberty, Inc. is calling a completely virtual 2026 annual meeting of stockholders on May 11, 2026 at 11:30 a.m. Mountain time via www.virtualshareholdermeeting.com/GCIL2026, with holders of Series A and Series B GCI Group common stock entitled to vote as of March 23, 2026.
Stockholders will vote on electing two Class I directors, ratifying KPMG LLP as independent auditors for 2026, an advisory say-on-pay vote, and an advisory say-on-frequency vote where the Board recommends a three-year cycle. The Board also seeks approval of a charter amendment adding a jury-trial waiver for internal actions, plus an adjournment proposal to permit further proxy solicitation if needed.
The Board unanimously recommends voting for all director nominees, for the auditor ratification, for the say-on-pay proposal, for the articles amendment and adjournment proposals, and in favor of the three-year frequency option on executive compensation votes. The company emphasizes independent Board oversight, established governance practices, and a pay program focused on long-term value.