Google’s Internet access investment, Current, raises $130M more; Mountain View WiFi delayed?
Updated
You may recall how Google and bunch of other folks like Duke Energy and Goldman, Sachs invested in Current Communications, to build out Internet access over power lines. Today, Current announces it has received $130 million more from new and existing investors.
And — surprise — Earthlink is one of the new investors. Earthlink and Google, you’ll recall, hooked up as a team to provide a free WiFi network in San Francisco, so this Current deal appears to be an extension of their partnership.
We note, though, that the WiFi project in San Francisco Mountain View has hit a snag, according to the City’s manager of the project. Turns out, Google may need to install more Wi-Fi transmitters than originally thought to deliver the coverage and service quality it promised, and this could push the launch date back to July or later — instead of June.
(Updated: Apologies, we had the wrong city. It is Mountain View, not San Francisco that has been delayed.)
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