Google has announced that is is opening a $500 million fiber optic network in Kansas City called Google Fiber. For $120 a month, users can enjoy Internet speeds up to 100 times faster than normal Internet.

Additionally, the service will offer a number of television channels, available on your TV, tablet (a Nexus 7 comes with the service) and smartphone. There will be no data caps on the service either, though neighborhoods will have to cross a certain threshold in order to get Google to install in their area.

Source: Fiber.Google.com