Google announced today that it will invest in O3b Networks, delivery internet access to people in emerging markets in Asia, Africa, Latin America and the Middle East via satellite at competitive prices.
‘The O3b Networks system will offer fiber performance over satellite, at prices comparable to fiber in developed regions. By allowing direct connection to core networks and 3G Cellular/WiMAX towers, the O3b
Networks system will completely change the economics of telecommunications infrastructure in the world’s
fastest-growing markets for communications services’ Market watch reports.
The implications of this means that in 2 years, people who have never even heard of the internet will have access to it, and they will help shape and direct what it will become. Exciting times ahead!