- Facebook (FB -2.6%) is pressing its wireless connectivity ambitions by hiring Kevin Lo -- a co-founder of Google Fiber who served as the project's first manager when it was still a moonshot.
- Lo will hold the title of director of Infrastructure Connectivity and Investments at Facebook. He left Google last year just before the Alphabet (GOOG -3.8%, GOOGL -4.2%) reorg.
- That means he'll help lead Facebook's partnerships tied to connectivity, including a recent deal to lay a new trans-Atlantic data cable with Microsoft as well as the Terragraph urban project.
- Facebook says, however, that it's definitely not getting into the service-provider business like Google Fiber is, and that Lo will not work on the controversial Free Basics emerging-markets app.