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Alphabet Inc (NASDAQ:GOOGL) has selected West Louisville as the starting point for the construction of its Google Fiber network which will start next week.

The construction of the Google Fiber network in Louisville was officially confirmed on Wednesday by Grace Simrall, the current head of technology and civic innovation at the Louisville Metro Government. Portland is considered very lucky to be the starting point of the construction and it also marks the fulfillment of Google Fiber’s promise that it will be a socially conscious internet provider. The commencement of the network construction is great news for many individuals and businesses considering the advantages it will bring as far as fast internet is concerned, once completed.

“They’ve assured us that they’ve come up with a strategy to be able to turn peoples’ services on faster than other markets. They’re aiming to do this in a matter of months, not years,” stated Simrall.

Google Fiber determined to bring its network to new areas

Simrall also revealed that the company also plans to expand the Google Fiber network to Newburg and possibly to other neighborhoods after that. However, any plans after Newburg were not confirmed. When Google initially announced the plans, it revealed that it had plans, it revealed that it wanted to try out innovative ways of deploying its infrastructure. This includes through micro-trenching, wireless technology and potentially through wires mounted on utility poles. The latter has however been contentious in Louisville.

Google might end up not being able to use utility poles to expand its network in Louisville due to city ordinances and a legal battle with AT&T Inc. (NYSE:T). The company reportedly plans to lay the fiber cable network block by block, with the aim of covering one block each day. The network is expected to span from the 22nd and 30th streets between Bank and Market streets. Simrall stated that she could not reveal the company’s goals though it has been in talks with government officials to discuss better and affordable internet options for the underserved areas as well as poor neighborhoods in West Louisville.

Alphabet stock closed the latest trading session on Wednesday at $1,004.28.

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Steve Kanaval
Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.