In the coming years, Google Fiber intends to expand to several communities in Arizona, Colorado, Idaho, Nebraska, and Nevada, marking the company’s first significant growth since it separated from Alphabet Inc. as an independent business in 2015.
After more than four years of polishing, Dinni Jain claimed his team was finally prepared to “bring a little bit more build velocity.” in his initial press conference following his appointment as Google Fiber’s CEO in February 2018.
The proposed expansion from 17 metro areas across the United States to 22 metro areas includes the projects that have already been announced and will start in Mesa, Arizona, and Colorado Springs, Colorado.Based on the company’s observations of where speeds lag, decisions were made.
Ten years ago, there was a perception that Google Fiber was attempting to develop the entire nation, according to Jain. “No, we are not trying to build the entire country,” we are indicating with this gesture.
Regarding Fiber’s financial performance or planned fundraising, Jain declined to comment.
Other Alphabet subsidiaries may have shut down, been acquired by another company, or raised outside money to independently verify their value. When the growth happens over the next three to five years, Fiber might have to make similar decisions.
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