Rumblings quickly become a roar...
• I referenced in this post (from ~5 months ago) that the company quietly, even surreptitiously, has been purchasing dark fiber.
• I noted in this post that the company hired Vint Cerf.
Now the various pieces of the puzzle begin to cohere; this article indicates, "Google is working on a project to create its own global internet protocol (IP) network, a private alternative to the internet controlled by the search giant, according to sources who are in commercial negotiation with the company."
However, continue reading this article, and all might not be as rosy as first blush; a susurrus begins re speculation that Google bids to become the overlord of everything. Change is afoot, and awareness of the winds of change repay the heedful investor.
BTW, I note that both Broadwing/BWNG and Level 3/LVLT each have doubled in price since my recommendation.
-- David M Gordon / The Deipnosophist