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Was GFiber just sold off to a new owner?
Google’s parent Alphabet has revealed that GFiber is being merged with the internet service provider Astound Broadband, which already serves over a million customers in states including California, Illinois and Washington state.
GFiber, formerly Google Fiber, revealed the news in a blog post, but no financial terms were disclosed. Alphabet is only holding a “significant minority” stake in the new, unnamed venture, suggesting it sold a…
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Was GFiber just sold off to a new owner?
Google’s parent Alphabet has revealed that GFiber is being merged with the internet service provider Astound Broadband, which already serves over a million customers in states including California, Illinois and Washington state.
GFiber, formerly Google Fiber, revealed the news in a blog post, but no financial terms were disclosed. Alphabet is only holding a “significant minority” stake in the new, unnamed venture, suggesting it sold a…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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