Liberty Broadband Corporation
LBRDB
Other OTC31.24
USD
-1.76
- -
Liberty Broadband Corporation
LBRDB
(Other OTC)
Recent
price
31.24
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Liberty Broadband Corporation operates as a holding company primarily engaged in the broadband, cable, and telecommunications sectors with a principal focus on its significant ownership stake in Charter Communications, the second-largest cable operator in the United States. The company’s core products and services include high-speed internet; video; voice communication services; wireless telephone services; data and internet access; and managed services delivered via fiber, hybrid fiber, and coaxial cable networks. Liberty Broadband also held operations through its subsidiary GCI, LLC, which provided communications services including voice, wireless, video, data, and internet access to residential and business customers in Alaska until its spin-off in mid-2025. Founded in 2012 and headquartered in Englewood, Colorado, Liberty Broadband maintains a strategic investment position focused on facilitating network expansion and innovation in broadband delivery. Its key service markets include residential and commercial customers across the United States through Charter and formerly in Alaska through GCI. The company has concentrated on leveraging Charter's fiber-rich infrastructure and converged service offerings to capitalize on growing broadband demand. Recent major corporate developments include the completion of the spin-off of its Alaska-based subsidiary GCI Liberty, Inc., in summer 2025, positioning GCI as an independent publicly traded entity separate from Liberty Broadband. Liberty Broadband entered into a definitive merger agreement with Charter Communications in late 2024, with the transaction expected to close by mid-2027, under which Liberty Broadband shareholders will receive 0.236 shares of Charter common stock for each Liberty Broadband share held. Leadership changes accompanied this strategic shift, with Marty E. Patterson appointed CEO and President of Liberty Broadband, succeeding John C. Malone, who remains Chairman. The company has also pursued significant financial transactions, including the sale of Charter shares totaling over $500 million and refinancing of credit facilities tied to its GCI business before the spin-off. Liberty Broadband's business segments now focus exclusively on its investment in Charter Communications, providing broadband, video, voice, and wireless services, while GCI Liberty operates independently post spin-off. The company emphasizes innovation in network convergence and upgrade cycles fueled by increasing demand for high-speed internet, aligning with broader telecommunications industry trends toward bundled fixed-line broadband and mobile services. Overall, Liberty Broadband Corporation serves as a strategic holding entity with core operations concentrated on broadband and cable communications through Charter Communications, executing major restructuring initiatives including divestitures and mergers to enhance shareholder value and adapt to evolving telecommunications market dynamics.