Welcome to the broadband and cable news roundup, Hump Day edition.
Google CFO Patrick Pichette stressed that the company's 1Gbit/s Google Fiber project in the Kansas Cities is more than an experiment; it's a potential revenue-driving business opportunity. "It's not a hobby," Pichette said on Tuesday's fourth-quarter earnings call. He reiterated that Google will continue to look at the possibility of expanding Google Fiber into other markets. Google must "nail Kansas City. It's a perfect place for us to kind of debug all of the elements of the product and the experience for the users," Pichette added.
Cable and TV mogul Dr. John Malone has become the largest single minority investor in Columbus International Inc., a cable provider that serves about 500,000 customers in parts of the Caribbean, Central American and Andean regions, and is eying potential future acquisitions. Malone purchased the stake (amount of the investment was undisclosed) on his own, and not through Liberty Media Corp., where he serves as chairman. Columbus provides services under the FLOW brand in Trinidad, Jamaica, Barbados, Grenada and Curacao.