Nov 26
Google pays $400 million for wireless internet provider ICOA (correction: no it didn’t)
Posted in: Today's Chili 
Google made another grab for its internet infrastructure, this time picking up wireless hotspot company ICOA for the sum of $400 million. From the deal, the internet giant will control around 1,500 wired and wireless broadband locales in “high-traffic” public spaces, including airports, restaurants and universities, spread across 45 US states. Google will presumably be running these public WiFi spots in addition to its current deal with Boingo — and in addition to those 180 fiberhoods.
Correction: Looks like reports of the acquisition were greatly exaggerated as AllThingsD is reporting, and we’ve been able to independently confirm that Google has not bought ICOA.
Via: TNW
Source: PRWEB
