said by jjj :
I agree, Google is wasting shareholder money on stupidity. Verizon tried this before. $70.00 is an instant lost.
I disagree, Verizon NEVER undercut cable on broadband EVER in it's history of being Verizon (competitive, yes.. undercut NO)
For ANY service, you'll have to go as far back to the RBOC days when competition among per minute local/long distance providers & clecs/dialarounds pushed them to offer unlimited service for a flat fee and then that flat fee got smaller and smaller-- that is until Telco and Cableco got into each other's market. Then it bottomed out and began a fleecing to get customers to bundle & pay more for less. Aside from Verizon, the other telcos and cablecos probably haven't spent more than 600 mil. on upgrades *their OWN money, not subsidy / tax break money*-- compared with an est. 17 - 24 billion with Verizon. While they get credit for that.. over 1,000 things the company's done since 2003 have erased just about all the beneficial perceptions in the marketplace among educated/informed consumers.
Google has an almost clean slate.. their history as an ISP's yet to be written...