Company History

The Evolution of
Liberty Broadband

For purposes of the summary below, “Old Liberty” refers to Liberty Media Corporation (including its predecessors) which changed its name to Liberty Interactive Corporation on September 22, 2011. “New Liberty” refers to Liberty CapStarz, Inc. which changed its name to Liberty Media Corporation on September 22, 2011.

Timeline

March 28, 1991

Old Liberty trades publicly for the first time on NASDAQ under the symbols LBTYA and LBTYB.

August 4, 1994

Old Liberty merges with Tele-Communications, Inc.

August 10, 1995

Tele-Communications, Inc. issues Liberty Media Group tracking stock to stockholders. The tracking stock trades on NASDAQ under the same symbols LBTYA and LBTYB.

November 19, 1998

Tele-Communications International, Inc. (NASDAQ: TINTA/B) merges with Liberty Media Group.

March 9, 1999

Tele-Communications, Inc. and AT&T merge. As a result, Liberty Media Group becomes a tracking stock of AT&T. Liberty Media Group tracking stock begins trading on the New York Stock Exchange under the symbols LMG.A and LMG.B.

August 10, 2001

Old Liberty splits from AT&T and begins trading as a separate company on the New York Stock Exchange under the symbols LMC.A and LMC.B.

January 1, 2002

Old Liberty Series A common stock begins trading on the New York Stock Exchange under the symbol L. Old Liberty Series B common stock continues to trade under the symbol LM C.B.

November 4, 2014

Liberty Media Corporation completes the spin-off of Liberty Broadband Corporation (NASDAQ: LBRDA/B/K).

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May 18, 2016

Liberty Broadband completed its $5 billion investment in Charter Communications, Inc., comprised of the combined legacy Charter Communications, Time Warner Cable, and Bright House Networks.

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December 18, 2020

Liberty Broadband completed its acquisition of GCI Liberty via a stock-for-stock merger. GCI Liberty’s assets consisted of its subsidiary GCI Holdings, LLC (“GCI”) and interests in Charter Communications and Liberty Broadband. GCI is Alaska’s largest communications provider, providing data, wireless, video, voice and managed services to consumer and business customers throughout Alaska and nationwide.

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