Alphabet will make more investment to launch Google Fiber in Los Angeles and Chicago.
American telecom network operator AT&T earlier said it expanded its GigaPower service to parts of 38 more cities in the U.S. AT&T GigaPower is now available in 56 metro markets.
Both Google and AT&T are making substantial investment in high speed broadband. But they are offering the service in limited areas.
The investment in high speed broadband is happening at a time when the US court is looking into cases involving Net Neutrality.
Google Fiber is currently available in Austin, Texas; Provo, Utah; Kansas City, Mo., and Kansas City, Kan. Google announced plans early in 2015 to expand the service to San Antonio, Texas; Nashville, Tenn.; Atlanta; Charlotte, N.C.; Raleigh-Durham, N.C.; and Salt Lake City.
Google has plans to launch broadband in Portland, Ore., San Jose, Calif., Phoenix, and Louisville, Ky. cities. The Internet search engine major is currently talking to several state governments to push its investment in broadband.
Craig Barratt, former Intel executive, is the head of the Google Fiber project. The project will take on established telecoms such as Verizon Wireless, AT&T, etc.
Google Fiber had 27,000 customers in the Kansas City metropolitan area and fewer than 3,000 each in Provo and Austin as of March. “Google Fiber’s revenue will increase to $257 million in 2017 from $99 million in 2015,” said a RBC research report.
The Google Fiber and AT&T GigaPower services are 40 times faster as compared with the current options available. FCC, the telecom regulator of the U.S., last year redefined broadband service as having Internet speeds of 25 megabits per second and up.
Google never announced its investment in broadband business.
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