The GFiber unit is combining with Astound Broadband to form a new independent fiber provider. Google will hold a minority stake, with the majority owned by investment firm Stonepeak. GFiber CEO Dinni Jain said the partnership “is the next step in our decade-long mission to redefine what customers can expect from their internet provider.”
[Link: Google sells partial stake in fiber business, becomes minority owner of new venture | https://www.cnbc.com/2026/03/11/google-sells-partial-stake-in-fiber-becomes-minority-owner-in-venture-.html | CNBC]
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Google Fiber is spinning off into its own company.
The GFiber unit is combining with Astound Broadband to form a new independent fiber provider. Google will hold a minority stake, with the majority owned by investment firm Stonepeak. … [685 chars]
Source: The Verge | Published: 2026-03-13T09:28:10Z
Credit: The Verge
