Tech content trusted by users in North America and around the world
6,787 Reviews & Articles | 46,874 News Posts
TRENDING NOW: Xbox Two and PS5 expected in 2018, powered by AMD with 4K support

Google gets approval from city council to buy iProvo fiber network for a massive $1

Provo City Council approves Google purchase of iProvo fiber network
| Business, Financial & Legal News | Posted: Apr 24, 2013 8:03 pm

The title doesn't have a typo; The Provo Municipal Council voted Tuesday in a unanimous decision to allow Google to acquire the iProvo fiber network for a total price of $1. Not only is Google getting a steal on the fiber network, the city has agreed to pay approximately $722,000 for equipment to use the gigabit network for government services and $500,000 to determine the exact locations of the buried fiber cables.




Google will, in exchange, take ownership and control of the existing fiber network. They will provide free 5Mbps/1Mbps connections to all of Provo's residents for at least seven years. Additionally, Google will provide free gigabit connections to 25 different public institutions.


Provo, Utah will be the third Google Fiber city. "It gets back to our origins as a company...our customers cared about speed," said Google's director of community affairs.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases