Born as Wave in the Seattle area, Astound Broadband is merging with GFiber as new internet provider
By Kurt Schlosser
Published on March 11, 2026.
Stonepeak and Alphabet have agreed to merge Astound Broadband and GFiber, creating an independent broadband internet provider. The deal, which involves Stonepeak holding a majority stake in the combined entity, will be led by the existing GFiber management team. This is the latest shift for a telecom brand with deep roots in the Seattle region. The merger aligns with GFiber’s established footprint in cities such as Austin, Atlanta, Nashville, and Salt Lake City. The merged entity will compete against national incumbents Comcast, Charter, and AT&T.
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