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Google Fiber Offers Free Service to Those in Public Housing

28 U.S. cities will have access to this service

Google Fiber (NASDAQ:GOOG,NASDAQ:GOOGL) is rolling out its service for free to those in public housing.

Google Fiber
Source: Wikipedia

The tech giant announced on Wednesday that its fiber optic Internet service will be offered to residents of selected public housing projects.

Google Fiber is partnering with ConnectHome, an initiative of the U.S. Department of Housing and Urban Development (HUD) and the Obama administration.

Up to 200,000 children in affordable housing in 28 different U.S. cities are expected to be connected to fast Internet. Google will pay all costs for the free service, with no fees or contract.

 

In addition to free Internet, eligible residents will work with ConnectHome partners like Connecting for Good and Surplus Exchange will be able to buy discounted computers and learn new computer skills, Google said.

GOOG stock is down 4.4% Wednesday. GOOGL stock is down 3.6%.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/02/google-fiber-goog-stock-googl/.

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