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It sounds awesome. And we would love to have it here in New York City. But, odds are against us getting it any time soon because it's outrageously expensive to build a cable company.
How outrageous? Well, a new report from Goldman Sachs that talks about the possibility of Google building out a cable system says it would cost over $140 billion to cover the whole country.
Google has $45 billion in cash on hand. So, if it really wanted to build out a cable company, it would need to take out a loan.
Building Google Fiber all over the place was never ever Google's plan. Their plan is to demonstrate to Congress and the FCC the benefits of giving Americans access to the latest broadband connectivity, so that those government entities will light a fire under the country's ISPs and get them to offer this kind of connection to their current customers.
If it works, it might actually spread this kind of connection faster than it would if Google built out municipal fiber networks in hundreds of markets on their own.
It'll be interesting to see what kind of market penetration they get in KC. I'm sure most people here can't imagine someone NOT wanting it. I can. There's a lot of inertia in that business, particularly among older folks, who think the service they have and the provider they have are both just fine.
Building Google Fiber all over the place was never ever Google's plan. Their plan is to demonstrate to Congress and the FCC the benefits of giving Americans access to the latest broadband connectivity, so that those government entities will light a fire under the country's ISPs and get them to offer this kind of connection to their current customers.
If it works, it might actually spread this kind of connection faster than it would if Google built out municipal fiber networks in hundreds of markets on their own.
It'll be interesting to see what kind of market penetration they get in KC. I'm sure most people here can't imagine someone NOT wanting it. I can. There's a lot of inertia in that business, particularly among older folks, who think the service they have and the provider they have are both just fine.
Like Verizon FIOS? Which isn't ubiquitous but is in lots of places. It's not as good as the google fiber service, for sure, but it's been around for years and is a real project and not a publicity/pet project. The downside is that it's only really located in dense metropolitan regions where Verizon expects to actually make their sizable investment back.
Like Verizon FIOS? Which isn't ubiquitous but is in lots of places. It's not as good as the google fiber service, for sure, but it's been around for years and is a real project and not a publicity/pet project. The downside is that it's only really located in dense metropolitan regions where Verizon expects to actually make their sizable investment back.
With wireless internet getting faster and faster, it may not be cost effective to lay down any more fiber. Take those billions and invest it in wireless technology and you can cover more people with less labor. It sounds reasonable in theory at least.
So maybe it will go to a second market after all, but it still doesn't sound like they have vast expansion plans for this project.
That's a change of direction.
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