Google’s GFiber internet business is merging with Astound Broadband
Google's GFiber internet business is merging with Astound Broadband, with Stonepeak becoming the majority owner and Alphabet retaining a minority stake. The combined entity will operate as an independent provider, aiming to expand internet access to more communities. The deal is subject to regulatory approval and is expected to close in the fourth quarter.
- Entities
- Company: Stonepeak
- Topic: Mergers and Acquisitions
- Topic: Internet Service Provider
- Topic: Fiber Optics
- Company: GFiber
- Company: Alphabet
- Company: Google
- Company: Astound Broadband
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