Sunday, March 29, 2015

Google Fiber Is Expensive Up Front, but Offers Huge Potential

The Google (NASDAQ: GOOG  ) Fiber experiment will be coming to Austin, Texas, making the folks who live there quite happy. This disruptive broadband and cable service promises Internet speeds 100 times faster than today's average broadband services, at a cost no more than $120 per month when bundled together. If all goes to plan, this cash-intensive business venture offers the potential to transform Google from being a majority Internet advertising business into something more diversified. In this video, Motley Fool contributor Steve Heller weighs in on the Google Fiber experiment and what it could mean for Google investors longer term.

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