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Cover image for article: GCI closes Quintillion purchase before Utqiagvik backup fiber line is finished

Photo: Andrei via Wikimedia Commons · Photo source · CC BY 2.0

GCI closes Quintillion purchase before Utqiagvik backup fiber line is finished

by Cale Green · draft by Walter AlaskaNews(23h ago)
3 min readUtqiagvik and North Slope, Alaska

GCI now owns the only fiber line along Alaska's Arctic coast.

The Anchorage telecom company closed its purchase of Quintillion on Monday, before a land line to Utqiagvik was finished, as the deal had originally required. Instead, GCI and the seller agreed to share the cost of building it.

The line matters well beyond Utqiagvik. Quintillion's network runs over land from Fairbanks to the North Slope, then under the sea to Utqiagvik, Wainwright, Point Hope, Kotzebue and Nome. It sells capacity to internet providers, including GCI and Alaska Communications.

Sea ice cut the undersea cable in 2023 and again in 2025. The 2025 break lasted nine months, according to GCI and Quintillion. The planned land route would give Utqiagvik a second fiber connection.

GCI agreed in April to buy Quintillion for $310 million. It had already lent the seller $160 million, which was credited toward the price at closing. After that and other adjustments, GCI paid about $18 million in cash on Monday, according to a federal securities filing by its parent company, Liberty Capital. It borrowed that money from a loan facility it set up in June for the deal.

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Utqiagvik, also known as Barrow, Ukpeaġvik or Ukpiaġvik, is the northernmost city in the United States, on Alaska's Arctic coast in the North Slope Borough. It is an Iñupiat hub community and the seat of borough government.

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Its tribal government receives cultural items returned by museums, and Iñupiat-owned businesses such as the village corporation UIC are based there. Development in the National Petroleum Reserve and sea ice in the Beaufort and Chukchi seas shape the surrounding region.

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