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GFiber Merges with Astound, Expands Gigabit Internet

Published 4 weeks ago
Description

GFiber, formerly Google Fiber, is merging with Astound Broadband to expand its high-speed internet service nationwide. The new company, still named GFiber, will be majority-owned by Stonepeak and led by GFiber executives. The merger aims to bring gigabit fiber internet to more communities, potentially including areas where Astound already operates. GFiber currently serves nineteen states and is known for its fast performance, though availability is limited. Meanwhile, AT&T announced a $250 billion investment in wireless, fiber, and satellite networks, increasing competition in the broadband space. Details on new states, pricing, and service tweaks are yet to be revealed.

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