Google Fiber to add urban coverage and wireless with Webpass aquisition
Google Fiber is acquiring Internet service provider Webpass to quickly increase its urban coverage and offer customers a combination of fiber and wireless delivery of high-speed Internet.
For Google Fiber, which has typically worked with cities in planning and building a fiber network from scratch, the acquisition will give the Alphabet business a headstart in many markets, particularly in dense urban areas.
Financial terms of the acquisition were not disclosed. Google did not immediately comment on the acquisition.
Webpass in San Francisco owns and operates its Ethernet network, thus removing its dependence on phone and cable companies. It has operations in San Francisco, Oakland, Emeryville, Berkeley, San Diego, Miami, Miami Beach, Coral Gables, Chicago and Boston. The company offers business connections from 10 to 1,000 Mbps and to residential customers service from 100 Mbps to 1Gbps.
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