Reports of Google Fiber's Death Are Greatly Exaggerated
Google and its parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have been treating the Google Fiber project like a pariah recently. The gigabit fiber service didn't expand at all for a couple of years, and new subscriptions don't include a fiber-based TV service anymore. But there's a change in the weather right now, and Google is taking its fiber-optic internet service seriously in 2020. Just this week, Google launched a new plan that doubles the download speeds on Google Fiber and comes bundled with a next-generation WiFi 6 system.
The 2-gigabit Google Fiber plan will cost subscribers $100 per month, a $30 premium over the existing gigabit service. The service includes a WiFi 6 router and a mesh extender, which should cover up to 3,000 square feet of floor space in high-speed WiFi signals.
This plan will soon launch in all 19 of Google Fiber's current markets, including the recent additions of Millcreek, Utah, and West Des Moines, Iowa. The Millcreek project involves new construction and fiber-optic line installations. It's expected to serve its first customers in early 2021. In West Des Moines, Google is taking over the management and subscriber list from the municipal fiber network.
Source Fool.com
