Wow! This is going to shake up the telecom industry big time. Google is offering a free in-home, wireless broadband service. The timing of this announcement is perfect and I am certain that tomorrow at the opening bell of the first day of trading, the telco stocks are going to take a huge hit.
Google is calling their new technology TiSP. When I was at Champaign-Urbana, several of my good friends worked on a similar technology. This was years ago, I am very surprised that it took this long to commercialize it. Think about this - free internet access to a global population. Next step is clean drinking water to everyone.
Here is the link http://www.google.com/...