this post was submitted on 14 Mar 2026
23 points (100.0% liked)

Google

1978 readers
1 users here now

Welcome to the Google community! This is a place to discuss everything related to Google products, services, features, and discussions.

ChromeOS discussions are welcome!

General discussions about Google products, updates, tips, and related topics are welcome. However, for specific technical support, account-related inquiries, advertising questions, and other issues, please direct them to official Google support channels.

Rules
  1. Stay on topic: All posts should be related to Google products, services, or the Google ecosystem.
  2. Respectful discussions: Treat fellow community members with respect and engage in constructive discussions. Avoid personal attacks, harassment, or offensive language.
  3. No support inquiries: Please refrain from posting individual support inquiries or account-related issues. Use official Google support channels for assistance.
  4. No spam or self-promotion: Do not post spam or self-promotional content. This includes links to personal websites, blogs, or products/services.
  5. No illegal content: Do not share or discuss illegal content, including piracy, hacking, or copyright infringement.
  6. No misleading information: Avoid spreading false or misleading information about Google or its products.
  7. No inappropriate content: Do not post or link to any inappropriate or NSFW (Not Safe for Work) content.
  8. No off-topic discussions: Keep the discussions focused on Google products, services, and related topics. Avoid unrelated or off-topic discussions.
  9. No excessive advertising: Do not excessively promote products, services, or websites.
  10. Follow community guidelines: Adhere to the overall community guidelines and terms of service.

founded 2 years ago
MODERATORS
ijeff
Devgard@lemmy.world
23
Google Fiber will be sold to private equity firm and merge with cable company (arstechnica.com)
submitted 1 month ago by ijeff to c/google
2 comments fedilink hide all child comments
 

GFiber and Astound to merge with Alphabet selling majority stake to Stonepeak.

Google Fiber, now officially called GFiber, is being sold to private equity firm Stonepeak and will be combined with cable-and-fiber firm Astound Broadband to create a larger Internet service provider.

Google owner Alphabet announced Wednesday that it will keep only a minority stake in the fiber ISP that launched with grand ambitions in 2012 but scaled back its expansion plans in 2016. Alphabet and Astound owner Stonepeak announced “an agreement to combine GFiber with Astound Broadband, creating a leading independent fiber provider,” with the merged company to be “majority owned by Stonepeak, an investment firm specializing in infrastructure and real assets.”

top 2 comments
sorted by: hot top controversial new old
[–] Zachariah@lemmy.world 4 points 1 month ago

https://killedbygoogle.com/

[–] AbsolutelyNotCats 1 points 1 week ago

Stonepeak buying a majority stake and folding in Astound is the classic private equity playbook applied to infrastructure. They will load it with debt, extract value, and then customers in markets like Kansas City and Austin will see what happens when a PE firm's spreadsheets replace Alphabet's patience. Google Fiber actually worked because Google treated it like infrastructure instead of a return-on-equity machine. That experiment is over now.