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Google Fiber will be sold to private equity firm and merge with cable company (arstechnica.com)

submitted 6 months ago by cantankerous_cashew@lemmy.world to c/technology@lemmy.world

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[–] acosmichippo@lemmy.world 22 points 6 months ago (1 child)

google fiber was a special case where they were introducing much needed competition to the nearly monopolized ISP market.

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[–] jqubed@lemmy.world 22 points 6 months ago

Google started bringing fiber to neighboring towns and all of a sudden the cable company started offering speeds 3x faster for less money and AT&T built out a fiber network including in our town, which didn’t get Google for another ten years, and then only a franchise that was paying for the Google name.

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