News Score: Score the News, Sort the News, Rewrite the Headlines

Google Fiber will be sold to private equity firm and merge with cable company

Over 7 million cable and fiber locations Astound is already the product of industry consolidation via a series of private equity deals that combined Wave Broadband, RCN, and Grande Communications. A research note from the New Street analyst firm said GFiber offers service at 2.8 million locations in 15 states, while Astound’s service area has 4.45 million locations in 12 states and the District of Columbia. Most of Astound’s network is cable broadband, but it has 892,014 fiber locations and 44,5...

Read more at arstechnica.com

© News Score  score the news, sort the news, rewrite the headlines