'Google Fiber' Service And Installation Is Now Halted; Google Fiber Will Be Replaced By A New Internet Service?

"Google Fiber" is now halting its expansion in several cities in the United States. Reports show that the Chief Executive left his post that leads the "Google Fiber" to step back and discontinue its plan to distribute a high-speed internet in the whole nation.

According to the USA Today, Alphabet's Access CEO Craig Barratt said that though he has stepped down, he would still be open to being an adviser after being in charge of the "Google Fiber." Craig Barratt also mentioned that once done with the research for the advanced technology and solutions, "Google Fiber" will resume. Barratt also stated that as of the moment they also need to cut some of the employees.

Meanwhile, for those cities that already have the "Google Fiber" service will not be pulled out. The "Google Fiber" service can be used since it is already installed while the installation in progress will move forward to finish since the work has been started as the BBC reported.

Breaking news: No Google Fiber for OKC > Google Fiber No Longer Coming to a City Near You https://t.co/XIp2JLwzKy

— Jim Stafford (@James_Stafford) October 26, 2016

In addition to the report, Craig Barratt said that "Google Fiber" installation to the 10 potential cities will be halted. Some of the potential cities including San Diego, California has been already removed from their list.

In a different report by the LA Times, Craig Barratt said that they will need to cut some of the employees and this means people will be losing their job. Barratt said that they may have to set aside the "Google Fiber" as of the moment to focus on a new line of business.

With this statement, several consumers speculate that the "Google Fiber" will be replaced by a high-speed wireless internet. The "Google Fiber" was reportedly not able to meet its financial target, and for the record, "Google Fiber" was not even close to signing their 5 million subscription targets.