News
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
- Deal expected to close Q4 2026, ending Google's direct ISP ambitions since 2012
DE
DT Editorial AI··via arstechnica.com