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Google Fiber Sold to Stonepeak, Merges With Astound Broadband
Alphabet sells majority stake in GFiber to private equity firm Stonepeak, combining it with Astound Broadband to create a major independent fiber ISP.
Key Takeaways
- Alphabet sells majority stake in GFiber to infrastructure investor Stonepeak
- GFiber will merge with Astound Broadband to create a leading independent fiber provider
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DT Editorial AI··3 min read·via arstechnica.com