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Google into power-line broadband

p2pnet.net News:- Google is one of three companies said to be investing about roughly $100 million in Current Communications Group, a power-line broadband start-up.

The other two are Hearst and Goldman Sachs.

The company plans to use the money to expand its broadband-over-power-line deployments in the USa nd overseas, says ZDNet, quoting the Wall Street Journal

EnerTech Capital and Liberty Associated, a partnership between Liberty Media and the Berkman family, also contributed, says the report, going on:

“Under its relationship with most power companies, Current runs the service, bills the customers and collects 100 percent of the revenue. Power companies, in return for use of their grid, receive payments from Current.

The company piggybacks units on power grid transformers to send signals through residential lines..

Something you think we should know? tips[at]p2pnet.net

See:-
ZDNet - Google invests in power-line broadband, July 7S, 2005

Something you think we should know? tips[at]p2pnet.net

See:-
BBC - Blogs respond to London blasts, July 7, 2005
Financial Times - ‘I could see bodies all over the floor’, July 7, 2005

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4 Responses to “Google into power-line broadband”

  1. Reader's Write Says:

    The sooner this is establihed, the sooner I can throw-out my cable TV. It’s not like I watch it anymore.

  2. Reader's Write Says:

    HAM Radio will suffer. :(

  3. Reader's Write Says:

    As will anything still on the AM band. Yeah, some of us still like to listen to the NPR stations and local interest stations that aren’t ClearChannelized.

  4. Reader's Write Says:

    if usage is billed together with my regular electricity bill, that wouldn’t be too bad because i pay a bi-monthly set rate. at the end f the year, i eaither owe mone or i get a refund. also wouldn’t be bad because my electricity charges are lower at night and on weekends.

    fer me, it depends if they can offer the same high speeds as my cable company, as well as being uncapped and unrestricted. otherwise i definitely wouldn’t take it.

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