Google Fiber to pay nearly $4M to Louisville in exit deal
LOUISVILLE, Ky. (WDRB) – As Google Fiber prepares to pull the plug on Louisville customers tonight, the tech company has agreed to pay Metro government $3.84 million to fix damage to city streets, Mayor Greg Fischer’s said Monday. Google Fiber also agreed to donate $150,000 to the Community Foundation of Louisville to support Metro’s “digital inclusion” efforts, which include “refurbishing used computers for low-income individuals and the enrollment of public housing residents in low-cost internet access through other companies providing service in Louisville,” according to the mayor’s office. Google Fiber, a unit of the Silicon Valley tech giant, said Feb. 7 that it would abandon the Louisville market after running into too many problems with the micro-trenching technique it used to install its fiber-optic cables as shallow as two inches below the pavement surface of city streets.
Source: www.wdrb.com