<?xml version="1.0" encoding="UTF-8"?><!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com --><!-- Created: Wed Feb 11 20:59:38 UTC 2026 --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:common="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001713390</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Series C Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>02/06/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002057463</issuerCik>
        <issuerName>GCI LIBERTY INC</issuerName>
        <issuerCusip>36164V800</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>12300 LIBERTY BLVD</common:street1>
          <common:city>ENGLEWOOD</common:city>
          <common:stateOrCountry>CO</common:stateOrCountry>
          <common:zipCode>80112</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Kontiki Capital Management (HK) Ltd.</reportingPersonName>
      <citizenshipOrOrganization>K3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1796821</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1796821</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1796821</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.03</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Kontiki Capital Management (Cayman) Ltd.</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1796821</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1796821</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1796821</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.03</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Gregard Heje</reportingPersonName>
      <citizenshipOrOrganization>Q8</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1796821</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1796821</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1796821</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.03</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>GCI LIBERTY INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>12300 LIBERTY BLVD, ENGLEWOOD, CO 80112</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Kontiki Capital Management (HK) Ltd. (the "Investment Adviser"), Kontiki Capital Management (Cayman) Ltd. (the " Investment Adviser Parent") and Mr. Gregard Heje (collectively, the "Filing Persons").</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>For the Investment Adviser and Mr. Gregard Heje:

SUITE 3205-6 &amp; 3207A, ICBC TOWER
3 GARDEN ROAD, CENTRAL
Hong Kong, K3 00000

For the Investment Adviser Parent:

BOX 309, UGLAND HOUSE
GRAND CAYMAN, CAYMAN ISLANDS KY1-1104</principalBusinessOfficeOrResidenceAddress>
        <citizenship>The Investment Adviser is an exempted company incorporated with limited liability under the laws of Hong Kong. The Investment Adviser Parent is a company incorporated in the Cayman Islands. Mr. Gregard Heje is a citizen of Norway.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,796,821 (the "Shares")</amountBeneficiallyOwned>
        <classPercent>5.03%* -

*This percentage is based upon 35,713,233 Series C common stock of the Issuer outstanding, which is the total number of Series C common stock of the Issuer following the full subscription of the rights offering which concluded on December 17, 2025, as reported in the Issuer's Prospectus filed with the U.S. Securities and Exchange Commission on November 26, 2025.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>1,796,821</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>1,796,821</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>The Shares are owned directly by two private funds, which are managed and advised by the Investment Adviser, Kontiki Master Fund and Kontiki Long Only Master Fund (together, the "Private Funds"). The Private Funds own 1,054,842 Shares and 741,979 Shares, respectively.

The Investment Adviser may be deemed to be a beneficial owner under Rule 13d-3 of the United States Securities Exchange Act of 1934, as amended (the "1934 Act"), of the Shares held by the Private Funds, as, in its capacity as investment adviser of the Private Funds, it has the power to vote and dispose of, or direct the voting and disposition of, the Shares held by the Private Funds.

The Investment Adviser is directly controlled by the Investment Adviser Parent. As the owner of the Investment Adviser, the Investment Adviser Parent may be deemed to beneficially own the Shares under Rule 13d-3 of the 1934 Act.

The Investment Adviser is indirectly controlled by Mr. Gregard Heje. As the owner of the Investment Adviser Parent, Mr. Gregard Heje may be deemed to beneficially own the Shares under Rule 13d-3 of the 1934 Act.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Joint Filing Agreement dated February 6, 2026, by and among the Investment Adviser, the Investment Adviser Parent and Mr. Gregard Heje.</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Kontiki Capital Management (HK) Ltd.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Scott Henderson</signature>
        <title>Authorized Signatory</title>
        <date>02/11/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Kontiki Capital Management (Cayman) Ltd.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Scott Henderson</signature>
        <title>Authorized Signatory</title>
        <date>02/11/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Gregard Heje</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Gregard Heje</signature>
        <title>Gregard Heje</title>
        <date>02/11/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
