A reported deal between Google and ICOA hasn't taken place,according to ICOA.
On Monday,a press release posted on PRWeb stated that Google had acquired Wi-Fi operator ICOA for$400 million,but the release was not correct and no such deal exists.
ICOA has never had any discussions with potential buyers,CEO George Strouthopoulos said via email.
"Someone,I guess a stock promoter with a dubious interest,is disseminating wrong,false and misleading info in the PR circles.ICOA will report this to the proper authorities,"Strouthopoulos said.
Source:
http://www.computerworld.com/s/article/9234009/No_deal_between_Google_and_ICOA
