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On September 10, Google Fiber, a subsidiary of Google Alphabet, revealed that the company is planning to expand its services to three new cities in the United States: San Diego, Louisville, and Irvine
, California.
Google said it chose the three cities because local officials want to develop Internet access services
.
Google mentioned Louisville's "Code Louisville" program, which aims to train software engineers and provide them with jobs
.
At Irvine, co-working spaces create a culture
of entrepreneurship.
And in San Diego, startups are growing
fast.
Google Fiber is not cheap
.
Analysts estimate that it costs more than $
500 per home to install Google Fiber.
Google needs to dig roads to bury fiber optic cables, or use overhead laying
.
And every time Google Fiber offers service in a new city, Wall Street analysts predict how much that will adversely
affect Google's profit margins.
Based on Alphabet's enterprise architecture, it will be easier
for analysts to make such calculations.
Alphabet will report on the performance of Google's core business and new businesses, including Google Fiber, Nest and Life Sciences
, respectively.
It also dispelled some analysts' concerns
about Google's fiber expenses.
On September 10, Google Fiber, a subsidiary of Google Alphabet, revealed that the company is planning to expand its services to three new cities in the United States: San Diego, Louisville, and Irvine
, California.
Google said it chose the three cities because local officials want to develop Internet access services
.
Google mentioned Louisville's "Code Louisville" program, which aims to train software engineers and provide them with jobs
.
At Irvine, co-working spaces create a culture
of entrepreneurship.
And in San Diego, startups are growing
fast.
Google Fiber is not cheap
.
Analysts estimate that it costs more than $
500 per home to install Google Fiber.
Google needs to dig roads to bury fiber optic cables, or use overhead laying
.
And every time Google Fiber offers service in a new city, Wall Street analysts predict how much that will adversely
affect Google's profit margins.
Based on Alphabet's enterprise architecture, it will be easier
for analysts to make such calculations.
Alphabet will report on the performance of Google's core business and new businesses, including Google Fiber, Nest and Life Sciences
, respectively.
It also dispelled some analysts' concerns
about Google's fiber expenses.