Alphabet CFO Ruth Borat
Tencent Technology News, according to foreign media reports, do not expect Google Fiber (Google Fiber) project will soon announce a new target city.
Alphabet has ambitiously announced that it will make ultra-fast Internet services all over the country, but it has not been realized until today. The company's chief financial officer, Ruth Porat, answered some questions on the department's future plans on Monday.
Borat attended the Morgan Stanley Technology Conference. When an analyst asked whether the strategy of Google's fiber optic project has changed and what milestone goals the company has set, Borat replied that the Google fiber project has been suspended Until the company found a new way to get the service up and running 10x more.
Borat said: "When we review developments in 2015 and 2016, our opinion is that we have not done enough. "She said Google's fiber performance should be 10 times better than the current technology.
The Google Fiber Project has been tough in the past few years. Launched in 2010, the project promises fast and affordable Internet services for municipalities across the country. Since becoming a part of Alphabet's Access division, the project has taken a number of cost-cutting initiatives, cutting off some employees and replacing two CEOs.
Borat said Alphabet has suspended the launch of Google Optical Fiber projects in new markets until the company finds a better way to "deliver the technology in a meaningful way." She said the company will no longer accelerate the launch of Google Fiber Services until it can prove it has a valuable new deployment and delivery method.
In 2016, Access acquired Webpass, a home broadband company, to help it develop new delivery methods, but Webpass has recently stopped accepting new customers in Boston.
Access hired a new chief executive earlier this month, a former executive at Time Warner Cable. Borat said he has "a really strong history of employment".
At Alphabet's earnings call, only three projects in the "Other Bet" program have been a source of concern, with Google's Fiber Channel project one of the two and its two healthcare and healthcare companies, Verily and Google, just back in their tracks Nest.
Capital expenditure on Alphabet's other bets dropped sharply from $ 1.4 billion in 2016 to $ 507 million in 2017 due to a reduced investment in Google Fiber Optics.
Pause Google Fiber Project also brought some other effects. Before the launch in Portland, Oregon, Google persuaded the state to provide a tax rebate policy. According to a report in Oregon, Google suspended the Google Fiber Initiative and the tax credit was transferred to Comcast and Frontier, which could add $ 17 million to local governments and school districts.
Borat said: "We think there is a little bit of change in Google's fiber strategy, that is, we think the market really needs high quality service. & rdquo;
It is unclear whether Alphabet will be the company that offers high-quality services.