From CNET: Google Fiber, a subsidiary of Google parent company Alphabet, has fallen "well short" of its subscriber goals and is now looking to cut costs, according to a report Thursday from The Information.
Alphabet co-founders Larry Page and Sergey Brin have been unhappy with the rollout and costs of Google Fiber, unnamed sources told The Information. Last month, Page reportedly ordered Google Fiber chief Craig Barratt to halve the size of the team and significantly reduce the cost of bringing the service to customers' homes.
Since 2010 when Google first announced plans to build a fiber network, the company has challenged phone and cable operators to deploy affordable high-speed broadband.
But building a fiber-based network is expensive and time-consuming. Google started in Kansas City and now offers service in a handful of cities -- with Salt Lake City added just this week -- and has plans for several more.
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