Monday, November 26, 2012

GOOG: Google (GOOG) is buying ICOA, a top provider...

10:05 AM Google (GOOG) is buying ICOA, a top provider of Wi-Fi infrastructure services for U.S. ISPs and venue owners, for $400M. ICOA is the latest proof of Google's growing service provider ambitions: the company is already partnering with Boingo (WIFI) to offer ad-supported Wi-Fi to Android users at thousands of U.S. hotspots, and has begun offering fiber Internet and TV services in Kansas City. Look for Google to push ad-supported services to ICOA's extensive network of airports, restaurants, and other "high-traffic public locations." (Read the comments on this)

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