Google is extremely keen about bolstering its Google Fiber venture
It now seems that Alphabet Inc. is now extremely serious about Google Fiber with an aim to bring super-fast internet connections which will fiber optic based in the United States. The company has recently recruited Gabriel Stricker who will be liable for a new role running policy along with communications need for the group.
Dennis Kish, the former executive at Qualcomm was responsible for Google Fiber which was launched in 2010 in Kansas City, Kansas. Since that time, the service has penetrated to several other cities like Nashville, Austin and Salt Lake City.
During the start of this month, the search engine giant showed interest in expanding to Chicago and Los Angeles which are the second and third largest Cities in United States.
Google Fiber is not a commodity of Google but has now been spun off into a distinct company by Alphabet. The company now thinks that there is a dire need for communications and better policies which is an indicator that Google Fiber is no more an experiment. Moreover, the idea to encourage internet regulators to come up with better Internet access is actually a good bargain.
The capital expenditure of Google have risen significantly during 2013 and 2014 and from that time, they have leveled. The Chief Finance Officer at Alphabet, Mr. Ruth Porat claimed that the capex was spent heavily on the major businesses of Google. The capex is likely to get better when the company targets new areas for growth. "In particular in Access and Energy, which contains our Fiber business among other efforts."
Moreover, it is now possible for the company’s new Alphabet infrastructure was to come up with an explanation of the increasing capex. It seems like the company wants to make an investment in new business ventures other than expanding the data centers.
The approach by Comcast and GOOG are quite polar in terms of net neutrality policies.
According to Business Insider, “Google, as one of the biggest web-content providers, has a natural business desire for all internet traffic to be treated the same way, and not to allow service providers to charge extra money to make certain content flow faster.”
Comcast claims that they are currently to comply with the present policy, but is quite adamant regarding the changes to the rules that would push Comcast and other internet regulators need to be governed similar to telephone carriers.
Google fiber is a great venture and has immense growth potential with a dire need of superfast Internet.