Austin next city for ultra-fast Google Fiber

Google Inc. picked tech-savvy Austin as the next city where the search giant will wire homes with ultra-fast internet connections, but did not say how much customers will pay or when the fiber-optic experiment might expand elsewhere in the U.S., the Associated Press reports. Austin and Kansas City are the only places to get Google Fiber — a broadband service 100 times faster than the competition and an alternative to cable or satellite TV providers. The rollout is an expensive undertaking and gamble for Google, which must first build costly new broadband pipelines that can handle “gigabit” speeds. Google hopes the rollout will drive innovation and pressure phone and cable companies to improve its networks, since Google benefits when people spend more time online…

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