Google readying for global infrastructure?

More Google rumors but this falls in line with dark fiber that Google is rumored to have been buying. With the Telcos trying to extort money out of Google, it would be amusing if Google just said forget you and launched their own service.
Many tidbits point to the fact that they might be using this to leverage their way with the Telcos (not that the telcos had anything to begin with) but why even bother? Just launch your service. I’m sure many of us would switch because of all sorts of reasons.
Via NetworkingPipeline