Google Fiber 22, 2016, Google Fiber bought Webpass, an Internet service provider that has been in business for 13 years and specializes in high-speed Internet for business and residential customers. They have a large presence in California and specifically the Bay Area as well as San Diego, Miami, Miami Beach, Coral Gables, Chicago, and Boston. The deal closed in October 2016. Google Fiber provides an Internet connection speed of up to one gigabit per second (1,000 Mbit/s) for both download and upload, which is roughly 100 times faster access than what most Americans have. Google Fiber says its service allows for the
Google Fiber rather than wanting to actually operate as an Internet service provider, the company was just hoping to shame the major cable operators into improving their service so that Google searches could be done faster. Google has neither confirmed nor denied this claim. AT&T and other Internet Service Providers have launched their own gigabit services since Google Fiber was revealed. Some cable subscribers have also had their speeds increased without additional costs. According to a Goldman Sachs report, Google could connect approximately 830,000 homes a year at the cost of $1.25 billion a year, or a total of 7.5 million homes