Google unveils ultrafast Internet-TV
Google Inc made its foray into the market for bundled Internet and television services on Thursday, promising access speeds more than 100 times faster than those of traditional U.S. cable and telecommunications companies.
The Web search leader unveiled its ultra-high speed Google Fiber service in Kansas City, Missouri, and could start installations in September, executives said. Google hopes to roll out the service to other cities later.
“Access is the next frontier that needs to be opened,” Google Chief Financial Officer Patrick Pichette said. “We’re going to do it profitably. That is our plan.”
“We are at a crossroad,” he added, noting that Internet speeds had leveled out for broadband since around 2000. “We at Google we believe there is no need to wait.”
Google Fiber’s ultra high-speed connections and television offerings are aimed at surpassing those of current providers, allowing users to search live channels, Netflix, YouTube, recorded shows and tens of thousands of hours of on-demand programming. However, no phone service is available.
“The phone is really a 1940s thing. Why have a landline? It’s sitting there, you use it once every two weeks,” Pichette said.
Google said it also intends to roll out product packages for businesses, but would not provide details.
Google Fiber includes more than 100 networks and costs $120 a month for a package of TV, 1 gigabyte per second Internet speeds and 1 terabyte of cloud storage.