Google Fiber. From the Associate Press via the Charlotte Observer:
Google’s parent company is halting operations and laying off staff in a number of cities where it once hoped to bring high-speed internet access by installing new fiber-optic networks.
The company also announced that Craig Barratt, a veteran tech executive who led the ambitious – and expensive – Google Fiber program, is stepping down as CEO of Access, the division of Google corporate parent, Alphabet Inc., that operates the 5-year-old program.
In a statement, Barratt said Google Fiber will continue to provide service in a handful of cities where it’s already operating, including Charlotte; Raleigh-Durham; Atlanta and Austin, Texas.
Google Fiber’s announcement this week doesn’t change its plans in Charlotte, and work here continues as planned, said Kate Luck, a spokeswoman for the city.
Does anybody really think that what’s left of Google Fiber will now as aggressively build out its network in Charlotte or the Triangle? No, didn’t think so.