So this is pretty cool! Google’s high-speed fiber project is cleared to do business in Portland, thanks to a franchise agreement approved by the Portland City Council. Under the arrangement, Google will pay a five percent franchise fee on any video revenue, but avoid the extra three percent fee charged to more conventional fiber purveyors like Comcast (the most loathed company in all of America). Portland is one of 34 cities that Google has named as a possible site for Fiber. The company is expected to make a final decision about whether to expand into Portland by the end of the year.
Even with the franchise agreement in place, there are still a number of obstacles that could keep Google Fiber out of Portland. Google is still testing the demand for Fiber within Portland, which will be weighed against local regulations and the expected cost of access to the city’s utility poles. Cross your fingers peeps, soon enough we’ll be able to give Comcast the finger.