Google Fiber (Nasdaq: GOOG) has unveiled the pricing schemes for the Internet plans it will offer over its 1 Gbps-capable network in Provo, Utah.
"We're working to upgrade the existing fiber network in Provo to be Gigabit-ready," said Michael Slinger, director of business operations for Google Fiber, in a blog post.
Existing residents and building owners that want to get onto Google Fiber's network will have to pay a one-time $30 construction fee. Once the fee is paid, the service provider will offer a free 5/1 Mbps service tier for seven years.
It will also offer two 1 Gbps service packages. A standalone 1 Gbps data connection will cost $70 a month, while a 1 Gbps Internet and TV bundle will be priced at $120 a month. The data and video bundle includes what Google said are "hundreds of HD channels," the ability to record up to eight shows at once and store up to 500 hours of HD content on a Storage Box.
Slinger said that current Veracity customers will continue to get the same service they get today with the option to become a Google Fiber customer later this year.
Google's entrance into Provo continues to get the attention of its main rivals CenturyLink (NYSE: CTL) and Comcast (Nasdaq: CMCSA).
While CenturyLink has protested Google's move into Provo via its acquisition of the struggling iProvo network, Comcast is fighting back. The cable MSO, according to a FierceCable report, will offer Provo residents a $120 monthly bundle of video, voice and 105 Mbps Internet service.
- see Google Fiber's blog post
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