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Fiber to be a profitable business, not a tech experiment, says Google

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Credit: CNET/Marguerite Reardon

Credit: CNET/Marguerite Reardon

With Google Fiber promising 1Gb speeds for $70 a month – a dramatically better deal than anything else currently available in the USA – there had been a pretty widespread assumption that it was a tech experiment on Google’s part, to see what kind of services could be offered on a really high-speed link, rather than a money-making business. But not so, says a Google Fiber exec speaking at a Fiber-to-the-Home Council meeting covered by CNET …
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Confirmed. Google Fiber’s next stop: Austin, Texas

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Update: Confirmed by KVUE

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Venturebeat got the word from some invites that went out this week.

On Tuesday, April 9, at 11 a.m., the City of Austin and Google will make a very important announcement that will have a positive impact on Austinites and the future of the city. We anticipate more than 100 community leaders and elected officials to be in attendance to celebrate this announcement. The event invitation is attached for your convenience. Although we cannot share the details of the announcement with you in advance, we know readers will want to learn more, so we encourage you to join us on Tuesday.

I’d move to Austin.

Google Wallet competitor ISIS launches next week?

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We knew Google Wallet would not be the only mobile payment solution on the market back in December 2011 when carriers moved to block the service in anticipation of their own ISIS mobile payment project. Today, a report from TmoNews, citing an image of internal T-Mobile documents, claimed the carrier is getting ready for a pilot program of ISIS starting Oct. 22.

According to the document, the ISIS Mobile Wallet service will roll out via the Google Play store to Galaxy S III and Galaxy S Relay 4G users in Salt Lake City, Utah and Austin, Texas. It will also require an ISIS SIM card, but T-Mobile will offer $25 in ISIS cash as a special offer for activating the service:


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