Google Fiber to Launch in Provo, Utah

It becomes the third city to get the gigabit Internet service

   

optical fiber 630 flickr 300x199 Google Fiber to Launch in Provo, UtahOn 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.

ATTLogo Google Fiber to Launch in Provo, Utah
Don’t Bet on AT&T and Verizon Breaking Up Vodafone

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/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.