Google Fiber to Launch in Provo, Utah

It becomes the third city to get the gigabit Internet service

   

optical_fiber_630_flickrOn Wednesday, Google (NASDAQ:GOOG) named the next city to receive its super-fast Interent service.

Provo, Utah, will join Austin, Texas, and Kansas City, Kansas, which were tapped by the Internet search giant for wiring with the gigabit-capable fiber-optic network. Google Fiber promises data transmission speeds 1,000 times greater than conventional broadband services from other telecommunications providers, the Washington Post noted.

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To build the optical fiber infrastructure in Provo, Google has acquired iProvo, which was established to connect Provo residents to high-speed broadband service in 2004. The city had put iProvo up for sale in 2011.

Other Internet service providers have moved to match Google’s new service. In Austin, AT&T (NYSE:T) has promised to build a high-speed network in the city, if officials there will ease regulations as they did for Google. Time Warner Cable (NYSE:TWC) has begun providing higher speed service in Kansas City in a bid to match Google Fiber’s offering.

Under its deal with the city, Google will provide Provo residents with a slower, but free Internet service, in exchange for a $30 activation fee. 25 public facilities in Provo will also receive free gigabit service.

Google’s gigabit service is expected to launch in Austin next year.

Shares of Google fell more than 1% in Thursday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/google-fiber-to-launch-in-provo-utah/.

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