Seeking Alpha

Google (GOOG) is buying ICOA, a top provider of Wi-Fi infrastructure services for U.S. ISPs and...

Google (GOOG) is buying ICOA, a top provider of Wi-Fi infrastructure services for U.S. ISPs and venue owners, for $400M. ICOA is the latest evidence of Google's growing service provider ambitions: the company is already partnering with Boingo (WIFI) to offer ad-supported Wi-Fi to Android users at thousands of U.S. hotspots, and has begun offering fiber Internet and TV services in Kansas City. Look for Google to push ad-supported services to ICOA's extensive network of "high-traffic public locations." Update: Google and ICOA deny the acquisition occurred. The PR announcing the deal was a hoax.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs