Google to enter Telephone Market???

According to this highly speculative article from The Times Online, Google is preparing to offer telephone service. Their logic? Google has bought up tons of unused fiber optics around the country (built during the internet boom) which would easily take care of the main problem that VOIP (Voice Over Internet Protocol) has now - too much dependence on local bandwidth for sound quality. Combine that with their powerful search feature, and how long until we will simply do a Google search for a person's name and click "Call Now" for instant connection?