Google buying $39M fiber service in Utah for $1
April 18, 2013 /Uncategorized

Google buying $39M fiber service in Utah for $1

Kevin Lo, General Manager of Google Fiber, speaks after it was announced that Google will make Provo, Utah, the third city to get its high-speed Internet service via fiber-optic cables, Wednesday, April 17, 2013 in Provo. The Provo deal is the first time Google plans to acquire an existing fiber-optic system. The city of 115,000 created the fiber-optic network, iProvo, in 2004, which has struggled to break even. (AP Photo/The Salt Lake Tribune, Rick Egan) DESERET NEWS OUT; LOCAL TV OUT; MAGS OUT

SALT LAKE CITY (AP) — Terms of an agreement between Google Inc. and Provo, Utah, show the company will pay …read more

Source: Yahoo Technology Feed

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