Google, a unit of Alphabet Inc. (NASDAQ:GOOG), is in talks to acquire Nokia Oyj’s (NYSE:NOK) airplane-broadband business as it seeks to offer a faster in-flight Wi-Fi system, Bloomberg News reported, citing people familiar with the matter.
The negotiations are at an advanced stage, the report said.
Alphabet shares fell 1% to US$1,027.00 in pre-market trading.