Event Brief
Google sells stake in fiber business, stays minority owner
Filed: Mar 11, 2026 at 8:02 PM ET
Summary: Google's GFiber unit merges with Astound Broadband, becoming a minority shareholder in a new independent fiber provider.
WHO: Google
WHAT: sells partial stake in fiber business
WHEN: Mar 11, 2026 at 7:48 PM ET
WHERE: USA
WHY: To put the division on the path to financial independence amid growing demand for high-capacity networks.
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