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Liberty . BROADBAND Exhibit 99.1 LIBERTY BROADBAND REPORTS SECOND QUARTER 2021 FINANCIAL RESULTS Englewood , Colorado , August 6 , 2021 Liberty Broadband Corporation ( " Liberty Broadband " ) ( Nasdaq : LBRDA , LBRDK , LBRDP ) today reported second quarter 2021 results . Headlines include ( ¹ ) : Fair value of Charter investment was $ 41 billion as of June 30th From May 1st through July 31st , Liberty Broadband received $ 1.1 billion of proceeds from sale of 1.6 million Charter shares to Charter O Maintained fully diluted equity interest in Charter of 26 % ( 2 ) From May 1st through July 31st , Liberty Broadband repurchased 7.5 million LBRDK shares at an average price per share of $ 167.17 and total cash consideration of $ 1.3 billion Liberty Broadband's Board of Directors increased remaining repurchase authorization to approximately $ 2.5 billion In the second quarter , GCI ( 3 ) grew revenue 7 % to $ 238 million , generated operating income of $ 18 million and increased adjusted OIBDA ( 4 ) 14 % to $ 89 million " We continued to use the proceeds from participating in Charter's buyback to repurchase Liberty Broadband shares at a meaningful discount to net asset value , " said Greg Maffei , Liberty Broadband President and CEO . " Additionally we opportunistically amended our Charter margin loan , decreasing the pricing and extending the maturity . Charter continues to demonstrate the power of broadband with significant net adds and produced strong results for the quarter . GCI posted impressive top and bottom line growth driven by robust demand for data , as well as strong subscriber growth on the wireless side with our customers enjoying the benefits of our 5G network buildout in Anchorage . " Share Repurchases From May 1 , 2021 through July 31 , 2021 , Liberty Broadband repurchased approximately 7.5 million shares of Series C Liberty Broadband common stock ( Nasdaq : LBRDK ) at an average cost per share of $ 167.17 for total cash consideration of $ 1.3 billion . In August 2021 , Liberty Broadband's Board of Directors increased the remaining repurchase authorization to approximately $ 2.5 billion . 1