Topic: fiber internet
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Google Fiber Acquired by Private Equity, Merges with Cable Firm
GFiber, originally launched by Google, is being sold to private equity firm Stonepeak, which will merge it with Astound Broadband to create a major new independent broadband provider. Alphabet (Google's parent) will retain only a minority stake, with Stonepeak taking majority control to provide G...
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Verizon Names New CEO to Lead Post-5G Era
Dan Schulman, former PayPal CEO, has been appointed as Verizon's new CEO to lead the company's expansion, replacing Hans Vestberg who will stay on as an advisor until 2026. Under Vestberg's leadership, Verizon launched its nationwide 5G network, adapted to longer consumer device replacement cycle...
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