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Friday, July 08, 2005

Google and their powerline investment

There were a couple of companies across the globe that tried to invest into high-speed internet access via electrical power lines, what mostly failed, so, and now, Google, always adventureous, supports one of those, together with Hearst, and Goldman Sachs.

"Current Communications Group said it would use the financing to accelerate its deployment of voice, video and data services in domestic and global markets."

Why would Google be interested in such investment? Well, it means that more people will switch from dial-up connections to broadband, and then, they access webpages faster. Faster access tow ebpages means that there is a higher chance to access or click on the ads that Google puts on the side of the webpages. If it works, that is.

(By Asia Business Consulting)