Lisa Minter (lisa_minter2001@yahoo.com) Thu, 7 Jul 2005 12:26:27 -0500

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Google Inc. , Goldman Sachs Group Inc. and Hearst Corp. are investing about $100 million in Current Communications Group, a start-up that offers high-speed Internet connections over electricity lines, The Wall Street Journal reported on Thursday. Current Communications, of Germantown, Maryland, uses a technology that sends Internet signals over regular power lines, the newspaper said, citing people familiar with the situation. Current, a closely held company, offers its high-speed service in the Cincinnati area and is expected to use its new investment to expand, the Wall Street Journal said. Copyright 2005 Reuters Limited. NOTE: For more telecom/internet/networking/computer news from the daily media, check out our feature 'Telecom Digest Extra' each day at http://telecom-digest.org/td-extra/more-news.html . Hundreds of new articles daily.

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