Google Pays $400M For Wireless Network

The Next Web, Monday, November 26, 2012 11:45 AM
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Google has acquired wireless Internet network provider ICOA Inc. for $400 million. The investment will most likely “expand its broadband presence beyond its Fiber project,” The Next Web writes. ICOA provides wireless and wired networks in high-traffic public locations like airports and restaurants. Per the deal, Google is getting some 1,500 existing WiFi hotspots.

 

 

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