Monday, April 8, 2013

GOOG: In case you needed further confirmation Google...

4:02 PM In case you needed further confirmation Google Fiber (GOOG) is heading to Austin, university coalition Gig.U has issued a PR congratulating Google for the move a day earlier than it was supposed to. The PR leak comes as Bernstein's Carlos Kirjner estimates Google's capex cost for passing 149K homes in Kansas City is ~$84M, and that it could cost $11B/year over 5 years to cover 15% of U.S. homes. However, he also estimates Google generates cash flow of $47/month and $64/month for its 1Gbps broadband and TV/broadband services, gradually making up for acquisition costs of $464 and $794. (previous) Read comments

GOOG price at time of publication: $774.77. Check GOOG price now »

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