Thursday, January 20, 2011

Google: Your new phone carrier?

I wonder if Google might be stumbling into anti-trust law ... it seems to be monopolizing a lot of things or being some sort of conglomerate

In 2008, Google put in a bid to buy wireless spectrum to provide mobile Internet access -- spectrum that ultimately went to Verizon (VZ, Fortune 500) for its new 4G network. Rumors that Google is buying up "dark fiber," broadband cables that have been laid but are not in use, have been widely circulated, though never confirmed.

Connecting customers: In February, the company announced that it will become an Internet provider of "ultra high-speed broadband" for up to 500,000 customers for a U.S. city. That project is still under development, but Google is about to start testing its service out at Stanford University.

http://money.cnn.com/2010/12/30/technology/google_wireless_carrier/index.htm?iid=EAL

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