Google to connect 3bn to Internet in emerging markets
Posted by Katherine Thompson on September 9, 2008 at 9:10 AM
Google has announced plans to bring Internet access to 3 billion people in Africa, Asia, Latin America and the Middle East. The project is estimated to cost $750m and will connect countries within 5 degrees of the equator.
It plans to launch 16 low-earth orbit satellites from Thales Alenia Space, the French aerospace group. The satellites are set to be operational by the end of 2010. The project is part of Google's mission to expand Internet access to the developing world and transform communication access for billions.
The fast growing telecommunications market in emerging economies demonstrates the commercial and social benefits available and the changing telecommunications infrastructure. O3b Network founder, Greg Wyler, stated that this project should enable "social and economic growth that will reflect the true value of the Internet."
Sources: Financial Times, Bloomberg, Trading Markets
It plans to launch 16 low-earth orbit satellites from Thales Alenia Space, the French aerospace group. The satellites are set to be operational by the end of 2010. The project is part of Google's mission to expand Internet access to the developing world and transform communication access for billions.
The fast growing telecommunications market in emerging economies demonstrates the commercial and social benefits available and the changing telecommunications infrastructure. O3b Network founder, Greg Wyler, stated that this project should enable "social and economic growth that will reflect the true value of the Internet."
Sources: Financial Times, Bloomberg, Trading Markets
Related Entries
- Proposed tax on aggregators to help newspapers feeling the pinch
- Al Jazeera English teams up with YouTube for Iraqi elections coverage
- CNN more concerned with competition from Facebook than rival FOX News
- Google offers advice: newspapers need to "engage" online readers
- Facebook sends more traffic to broadcast sites than to newspaper sites
1 TrackBacks
Listed below are links to blogs that reference this entry: Google to connect 3bn to Internet in emerging markets.
TrackBack URL for this entry: http://www.editorsweblog.org/mt/mt-tb.cgi/7547
» We met and decided to meet, again from RatcliffeBrowse
editorsweblog.org: Poynter: the future of online journalism: - The transformation for media companies needs to happen faster - In order to stay competitive, the industry will have to take more big risks instead of simply modifying existing business mo... Read More
Leave a comment