GFiber's 20Gbps Internet Service Is Now Available In Early Access: Here's How Much It Costs And What You Get
Portfolio Pulse from Rounak Jain
Alphabet Inc.'s Google Fiber has launched early access to its 20Gbps internet service, which was announced in October. The service is priced at $250 per month and will be enabled for subscribers starting in 2024. Customers will also receive a free Wi-Fi 7 router, which supports speeds up to 46Gbps. The service will first be available to subscribers in Iowa, Kansas City, Arizona, and North Carolina's Triangle Region. Google Fiber already has customers with 5Gbps and 8Gbps connections, and some institutions like the University of Missouri and the United Way of Utah County have 20Gbps access.
December 13, 2023 | 10:27 am
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Alphabet Inc.'s Google Fiber is offering early access to a 20Gbps internet service, with a free Wi-Fi 7 router to fully utilize the speed, starting at $250 per month.
The launch of Google Fiber's 20Gbps service represents a significant advancement in internet technology, which could attract new customers and retain existing ones, potentially increasing Alphabet's revenue. The high price point indicates a premium service, which may appeal to a niche market initially. The positive impact on the stock is likely to be moderate due to the limited initial availability and the long-term nature of the service rollout.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Alphabet Inc.'s Google Fiber is offering early access to a 20Gbps internet service, with a free Wi-Fi 7 router to fully utilize the speed, starting at $250 per month.
The launch of Google Fiber's 20Gbps service represents a significant advancement in internet technology, which could attract new customers and retain existing ones, potentially increasing Alphabet's revenue. The high price point indicates a premium service, which may appeal to a niche market initially. The positive impact on the stock is likely to be moderate due to the limited initial availability and the long-term nature of the service rollout.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80