# Liberty Capital buys Quintillion for $360M fiber deal

> Alaska cable company acquires 3,000 kilometers of fiber optic cable to expand its network and generate significant cost savings.
- Title: Liberty Capital buys Quintillion for $360M fiber deal
- Summary: Alaska cable company acquires 3,000 kilometers of fiber optic cable to expand its network and generate significant cost savings. Liberty Capital's $360M…
- Keywords: liberty capital, glibk, quintillion, acquisition, fiber optic cable, alaska, gci liberty, synergies, broadband, nasdaq, business, finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/liberty-capital-glibk-acquires-quintillion-122805699.html
- Published: 2026-09-16T12:28:05+00:00
- Read time: 1 min
- Topics: liberty capital, glibk, quintillion, acquisition, fiber optic cable, alaska, gci liberty, synergies, broadband, nasdaq, business, finance
## Liberty Capital rebrands, eyes growth
GCI Liberty, an Alaskan cable company, rebranded to Liberty Capital Corporation in May 2026 to signal its expansion beyond legacy cable operations into a broader business portfolio.
## Quintillion deal brings 3,000 km of fiber
Liberty Capital closed a $360 million acquisition of Quintillion, which owns approximately 3,000 kilometers of fiber optic cable and plans to expand by another 2,500 kilometers.

> This perfectly aligns with Liberty's GCI operations.
## Deal unlocks $20M in annual synergies
Quintillion generates $55-60M in revenue and $30M in free cash flow. Liberty Capital expects to realize approximately $20M in annual synergies from combining the businesses.

> We would expect significant synergies (reportedly around USD 20m) so we have little doubt that the deal adds value.
## Valuation jumps 35% with deal included
When the Quintillion acquisition is incorporated into financial models, Liberty Capital's valuation increases by approximately 35%, suggesting the deal creates substantial shareholder value.

> the valuation uplift is around 35%
## Management exits low-margin video business
Liberty Capital decided to retreat from its competitive and low-margin video business, focusing resources on higher-value fiber and cable operations instead.
## Stock falls despite deal, fund increases stake
Liberty Capital's stock declined 40.6% in the quarter, partly due to a failed deal to acquire a stake in Liberty Latin America. The Conventum-Alluvium Global Fund increased its position to 3.4% of the fund.

> With the share price falling (to levels approximating half our valuation), and encouraged by its CEO buying shares, we increased our position
## Key takeaway

Liberty Capital's $360M acquisition of Quintillion's fiber network is expected to add 35% to the company's valuation through $20M in annual synergies.