GFIBER LOOKING FOR EXTERNAL INVESTMENT TO EXPAND TO MORE CITIES

Summary from the TLDR newsletter

GFiber (formerly Google Fiber) is planning to raise external capital to expand. The company is currently entirely funded by Alphabet and customer revenue. GFiber is aiming to be independent from Alphabet, similarly to how Waymo and Verily have done over the years. External capital will enable GFiber to scale its technical leadership, expand its reach, and provide better internet access to more communities. The internet service provider is operating or has announced availability in 18 US states.