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Google Getting $40M Fiber Optics Network For $1

  • AP, Friday, April 19, 2013 12:41 PM

Provo, a city of 115,000 just south of Salt Lake City, really wants Google to run its high-speed Internet and television service. So much so, in fact, that the small city is selling the search giant its municipal fiber-optic system -- which cost $39 million to build -- for a dollar, The Associated Press reports. “Provo officials say Google's deal is a good one for the city and its residents because the system hasn't been able to support itself,” AP reports.


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