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GFiber Merges with Astound Broadband

GFiber Merges with Astound Broadband

Google's GFiber is merging with Astound Broadband, Stonepeak becoming majority owner with Alphabet holding minority stake. The independent provider, led by GFiber execs, will expand high-speed fiber to more US communities. Currently offers up to 8Gbps, with 20Gbps planned for 2026; deal closes Q4 pending approval.