Google Fiber will be sold to private equity firm and merge with cable company
Google Fiber will be sold to private equity firm and merge with cable company
GFiber and Astound to merge with Alphabet selling majority stake to Stonepeak.Jon Brodkin (Ars Technica)
like this
Snot Flickerman
in reply to along_the_road • • •like this
SuiXi3D and rash like this.
SuiXi3D
in reply to along_the_road • • •like this
Quantumantics, rash and ammorok like this.
CosmicTurtle0 [he/him]
in reply to SuiXi3D • • •They were only decent because the bar was on the floor. As soon as Google Fiber entered a city, entrenched ISPs slashed their prices, improved customer service, and made things better for everyone.
There was a post on Reddit back in the day of a guy who quit his day job to bring fiber to people at roughly half the price of the local ISP and still made enough money to live comfortably.
From what I remember, it's actually fairly straightforward to start an ISP but just takes someone with the time to do it. Between the grants and small business loans, you effectively can get started with very little risk. It's just that very few people actually do it.
like this
SuiXi3D likes this.
CorrectAlias
in reply to SuiXi3D • • •like this
SuiXi3D likes this.
Powderhorn
in reply to along_the_road • • •Let me tell you how well this is going over in /r/Austin.
Not well.
like this
SuiXi3D likes this.
SuiXi3D
in reply to Powderhorn • • •ClownStatue
in reply to along_the_road • • •biscuit
in reply to ClownStatue • • •This is America being America.
In almost every other country in the world, the utilities are built and regulated by the state (or in the UK built by a business to be owned and regulated by the state).
In America your ISP has way more freedom than an ISP in the UK. Freedom to screw over consumers.
I'm not surprised a progressive ISP like Google Fiber failed in "land of the free" capitalist dystopian USA.