Google’s Buying Provo’s Entire Fiber Network, Worth $39m, For $1

WhenGoogle announcedit was rolling out a fibre internet in Provo , Utah , it was n’t clear how or why it had choose the city . Turns out , Google has managed to procure a mess to buy its entire municipal fibre web — which be $ 39 million to make — for just a undivided dollar .

The deal , expect to be approved early next week , will be the first prison term Google has conduct over a fiber electronic internet rather than building its own , reports AP . Provo will continue to bear off the — rather large!—loans for the internet ’s construction , but it will be controlled by Google .

For years , Provo menage have compensate $ 5.35 a month for the mesh whether they use the internet or not . Now , after paying a $ 30 hookup fee , that monthly defrayal will snag them Google ’s basic internet package . Amusingly , the Google - Provo deal contains a get - out article : Google can deal the internet back to the city for $ 1 if matter go faulty . The promise is they do n’t . [ AP ]

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