The Google (GOOG +2.73%) Fiber experiment will be coming to Austin, Texas, making the folks who live there quite happy. This disruptive broadband and cable service promises Internet speeds 100 times faster than today's average broadband services, at a cost no more than $120 per month when bundled together. If all goes to plan, this cash-intensive business venture offers the potential to transform Google from being a majority Internet advertising business into something more diversified. In this video, Motley Fool contributor Steve Heller weighs in on the Google Fiber experiment and what it could mean for Google investors longer term.
Google Fiber Is Expensive Up Front, but Offers Huge Potential
By Steve Heller – Apr 16, 2013 at 1:00AM
NASDAQ: GOOGL
Alphabet
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$3.1T
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(2.73%) $6.92
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$260.00
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Do the up-front costs outweigh the long-term potential?
About the Author
Covering GE and 3D printing at the intersection of business, investing, and what it means for the future of manufacturing. Contributor since December, 2012.
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