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Media

Google Fiber Coming to Austin

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By Jon C. Ogg Published
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courtesy of Google Inc.
First it was Kansas City, now it is Austin. Google Inc. (NASDAQ: GOOG) announced that it is going to be launching its Google Fiber service for ultra high-speed Internet and TV service in Austin, Texas. The first launch is expected to be in mid-2014 but this will obviously not cover all of Austin.

Google said that it plans to focus within the Austin city limits, so areas out around Lake Travis and the Hill Country are not going to be able to get in on this offering any time soon. The company even said that specific boundaries and neighborhood definitions will be announced later.

If the Kansas City offering remains static, there will be free internet after a one-time $300 install or $25 per month fee for 12 months. The gigabit internet service is $70 per month, and the gigabit internet plus TV is $120 per month.

There is a reason to believe that the rollout in Austin will be slow. In Kansas City, the market there has been established for some time. Many surrounding areas still do not have access outside of the Kansas City markets in Kansas and Missouri.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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