Search giant Google (NASDAQ: GOOGL ) recently outlined plans to expand its Google Fiber service to Austin, Texas. That represents a disruptive threat to local incumbent cable providers such as Time Warner Cable (UNKNOWN: TWC.DL ) and AT&T (NYSE: T ) . Austinites will probably switch en masse to the new service, which will hurt both Time Warner and AT&T. Ma Bell promptly responded by announcing its own intention to build a gigabit fiber optic service if it could wrangle the same incentives as Google.
In the following video, Austin-based Fool contributor Evan Niu, CFA, explains why he's excited to ditch his cable company.
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