http://www.theregister.co.uk/2005/07/08/google_broadband/

Google invests in electric broadband
By Tim Richardson
Published Friday 8th July 2005 13:39 GMT

Google has joined a gaggle of other companies to invest in a US
broadband company that provides high speed net services over
electricity cables.

Exactly how much search engine outfit Google, investment bank Goldman
Sachs and comms outfit The Hearst Corporation have ploughed into
Current Communications has not been revealed.

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However, the dosh will be used to invest in its Broadband over Power
Line (BPL) service, which provides high speed net access over power
cables.

"These investments provide us with both capital and operating
assistance as we continue to roll out Broadband-over-Power Line
services to provide voice, video and data services," said William
Berkman, Chairman of CURRENT Communications Group.

"With roughly two-thirds of the nation still without broadband and
many utilities looking for means to upgrade their distribution
networks, the acceleration of CURRENT's build-out is a clear win-win
for consumers."

Maryland-based Current is, erm, currently wiring up homes in
Cincinnati to take its broadband service as part of a joint venture
with Cinergy Corp. (r)

-- 
Nobody's laughing now
But you could always make me laugh out loud

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