Alphabet (GOOGL, GOOG) will combine its fiber internet business with Astound Broadband to create a new independent fiber provider. The majority stake will be owned by Stonepeak, while Alphabet will ...

Executives say the move is intended to accelerate GFiber’s expansion and push forward its technology and service model on a ...

Alphabet Inc. (NASDAQ:GOOGL) is one of the debt free halal stocks to buy. On March 11, Alphabet Inc. (NASDAQ:GOOGL)’s fiber internet unit GFiber said it will merge with Astound Broadband, which is ...

Real assets manager Stonepeak is set to take a majority interest in a new US fibre broadband company created through the merger of its existing assets with those of technology conglomerate Alphabet.

As part of the arrangement, Google will keep a small share in the company, and Stonepeak, an investment firm, will become the primary owner of the new company. The deal is likely to finalize in the ...

The latter's parent, infrastructure investor Stonepeak, will take a majority stake in the combined company, but it will be led by GFiber's management team. Astound is the sixth-largest cable operator ...

Stonepeak to become majority shareholder in new venture combining GFiber and Astound Broadband; Alphabet to retain minority stakeMountain View, CA, and New York, NY, March 11, 2026 (GLOBE NEWSWIRE) -- ...

Google's GFiber is joining forces with Astound Broadband. This new independent company will be majority-owned by Stonepeak. Google will hold a minority stake. The combined entity aims to expand fibre ...