A PYMNTS Company

US: Google purchase sparks new wireless rumors

By  |  June 23, 2014

Google acquired two start-up companies in quiet deals last week, but one of them is sparking rumors that Google could be the next wireless competitor.

According to reports, the search conglomerate bought MDialog, which specializes in video advertisements, and Alpental Technologies, a startup wireless operator. Terms of the deals were not disclosed in Google’s announcement of the acquisitions, made Friday.

Google declined to comment on whether the buyout of Alpental means the company is looking to entire the wireless market. Alpental was launched by former Clearwire workers before its merger with Sprint and promotes itself as a developer of next-generation wireless technology.

Full content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.