Alaska Department of Commerce, Community & Economic Development

10/08/2025 | Press release | Distributed by Public on 10/08/2025 18:42

Regulatory Commission of Alaska: Notice of Application to Acquire a Controlling Interest (GCI Liberty/Dr. Malone/UUI LECs) Notice of Application to Acquire a Controlling[...]

Regulatory Commission of Alaska: Notice of Application to Acquire a Controlling Interest (GCI Liberty/Dr. Malone/UUI LECs)

Notice of Application to Acquire a Controlling Interest

The REGULATORY COMMISSION OF ALASKA (Commission) gives notice that on October 3, 2025, GCI Liberty, Inc. (GCI Liberty) and Dr. John C. Malone (Dr. Malone), filed an application for Dr. Malone to acquire an indirect controlling interest in United Utilities, Inc. (UUI), United-KUC, Inc. (United-KUC), and Yukon Telephone Co., Inc. (YTC) (collectively, UUI LECs). UUI holds Certificate of Public Convenience and Necessity (Certificate) No. 249 (local exchange service) and No. 558 (private pay telephone service); United-KUC holds Certificate No. 629 (local exchange service); and YTC holds Certificate No. 213 (local exchange service). Docket No. U-25-040 was opened to address this matter.

Dr. Malone currently holds approximately 53.50% of the aggregate voting power of GCI Liberty, the ultimate indirect parent of the UUI LECs, but certain trusts and entities related to Dr. Malone entered into an agreement that restricts Dr. Malone's aggregate voting power in GCI Liberty to approximately 49%. GCI Liberty and Dr. Malone seek approval for Dr. Malone to increase his voting power to above 50% of the aggregate voting power of GCI Liberty, a level that would constitute control of GCI Liberty and its certificated subsidiary UUI LECs.

In conjunction with the application, GCI Liberty and Dr. Malone have filed a petition for confidential treatment of UUI LEC's statement of financial condition filed with the application and a motion for waiver of the requirement to file a statement of financial condition of Dr. Malone. Interested persons may file a response to the petition for confidential treatment or the motion for waiver with the Commission by 5:00 p.m. October 28, 2025.

The Commission has not assessed the completeness of the application or ruled on the petition for confidential treatment and motion for waiver. The Commission will rule on the petition for confidential treatment and motion for waiver, and determine whether the application is complete after the close of the comment period.

You may obtain information about this request by contacting John P. Wood, Attorneys for GCI Liberty, at Dillon Findley & Simonian, P.C., 1049 W. 5th Avenue, Suite 100, Anchorage, AK 99501; phone: (907) 277-5400 or Kristin E. Crabb, Attorneys for Dr. Malone, at Guess & Rudd P.C., 1029 W. 3rd Ave., Suite 400, Anchorage, AK, 99501; phone: (907) 793-2200. The complete filing is also available for inspection at the Commission's office at 701 West 8th Avenue, Suite 300, Anchorage, AK, 99501; Phone: (907) 276-6222, or may be viewed at the Commission's website, https://http://rca.alaska.gov/ by typing Docket No. "U-25-040" in the Find a Matter search box.

To comment on this filing, please file your comments by 5:00 p.m., October 28, 2025, at the Commission's address above or via our website at:

https://rca.alaska.gov/RCAWeb/WhatsNew/PublicNoticesComments.aspx

Please reference U-25-040 and include a statement that you have filed a copy of the comments with GCI Liberty and Dr. Malone at the address given above. Individuals or groups of people with disabilities, who require special accommodations, auxiliary aids or service, or alternative communications formats, please contact Shelby Lopez at (907) 276- 6222, toll-free at 1-800-390-2782; TTY/Alaska Relay: 7-1-1 or 1-800-770-8973; or send a request via electronic mail to [email protected] by October 21, 2025.

DATED at Anchorage, Alaska, this 8th day of October 2025.

REGULATORY COMMISSION OF ALASKA

John M. Espindola

Chair

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Alaska Department of Commerce, Community & Economic Development published this content on October 08, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 09, 2025 at 00:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]