Alphabet is seeking outside investment for its GFiber internet business

Alphabet plans to seek external investment for GFiber, its business selling Wi-Fi and internet connectivity in parts of the United States, the company told Reuters on Monday, as it looks to ramp up its expansion to more cities.
GFiber, owned by Google’s parent company, competes with larger internet service providers including Comcast, Verizon Communications and AT&T.