Related News

Photographic view during the Static Test of SOLVE-ST01 NEW DELHI: The Indian Space Research Organisation (ISRO) has successfully conducted the first ground test of the solid motor for its Sub-Orbital

Astronomers have detected light from a tiny but powerful galaxy that existed when the universe was still emerging from a vast fog of hydrogen gas. The discovery, made using the

Photo credit: PIB NEW DELHI: Indian Railways has approved running India’s first indigenous hydrogen fuel-cell-based train on the Jind-Sonipat section of the Northern Railway, entering the elite club of nations

The National Science Foundation on Thursday reversed a decision to dismantle a sprawling ocean monitoring network after vigorous objections from Democratic lawmakers and scientists who rely on it to track

Isro chairman V Narayanan (Right) NEW DELHI: Isro chairman V Narayanan has revealed that the space agency is collaborating with the Department of Atomic Energy (DAE) to develop an advanced

Patna: A monumental banyan tree (Ficus benghalensis) located on the Indian Tobacco Company (ITC) campus in Munger has been identified as one of the world’s oldest scientifically dated living trees

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Google sells partial stake in fiber becomes minority owner in venture

Word Count: 113 | Estimated Reading Time: 1 minute


A technician gets cabling out of his truck to install Google Fiber.

George Frey | Reuters

Google said its fiber internet unit called GFiber is combining with Astound Broadband and forming an independent provider, with Google remaining as a minority shareholder.

The new company will be majority owned by investment firm Stonepeak and led by the existing GFiber executive team, “utilizing their expertise in high-speed fiber innovation to manage the combined network footprint,” Google said in a press release on Wednesday.

This is developing news. Please check back for updates.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Most Popular Articles