Google bought wireless communications company Alpental Technologies, a startup that has been developing 5G technologies. Google has confirmed the acquisition, which occurred a few weeks back, but gave no other details. Now, there's speculation that it's actually a step toward Google becoming a wireless service provider. According to reports, 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.

If you liked this article you might like

Why Alex Rodriguez Is Investing in Billionaires Warren Buffett and Jeff Bezos

Former NY Yankees Slugger Alex Rodriguez Reveals One Juicy Investment Tip

Why I Love Apple, Alphabet, Nvidia and These Other Stocks for September

Have Amazon, Google, Apple and Sony Flooded the Smart Speaker Market?