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Saturday, September 22, 2007

Google in talks with group over undersea cable: report


Yahoo Finance
, Friday September 21, 7:27 pm ET

NEW YORK (Reuters) - Google Inc is in early talks to join a group looking to lay a high-speed, trans- Pacific undersea cable that could potentially lead to the Internet company becoming an investor in the project, according to the Wall Street Journal.

The potential undersea fiber-optic investment could reflect Google's recent push to provide Internet-based services to businesses, since companies have lower tolerance for service interruptions and have offices around the world, the Journal reported on its Web site, citing a person familiar with the matter.

The discussions remain fluid, the Journal reported.

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