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Google Confirms It Bought 5G Start-Up Alpental Technologies

Stocks in this article: GOOG


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NEW YORK (TheStreet) -- Google buys wireless communications company Alpental Technologies, a start-up that has been developing 5G technologies, in a potential step toward becoming a wireless service provider.

VIDEO TRANSCRIPT:

Google (GOOG) bought wireless communications company Alpental Technologies, a start-up that has been developing 5G technologies.

Google confirmed the acquisition, which occurred a few weeks back, but gave no other details. There is speculation that the move was made in an effort to continue Google's goal of extending fast Internet service around the world. Others speculated that it's actually a step toward Google becoming a wireless service provider.

Alpental was founded by two former Clearwire engineers, Pete Gelbman and Mike Hart.  According to GeekWire, prior to the acquisition, Alpental was working on developing 5G technologies that could have applications in connecting fiber to the home and Google's municipal Wi-Fi offerings.

Google has already built a fiber Internet service in Kansas City, which it's currently expanding to other areas. 

In New York, I'm Brittany Umar for TheStreet.

-- Written by Brittany Umar in New York.

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