Google Puts Money Into O3b To Spread Internet Access

September 10, 2008

Google, the popular search engine giant, has invested a great deal of money into O3b Networks Ltd, with the hopes of bringint high-speed internet to the masses......Washington (ChattahBox) – Google, the popular search engine giant, has invested a great deal of money into O3b Networks Ltd, with the hopes of bringint high-speed internet to the masses.

Google has invested money into the company to bring the internet to 3 billion people in poorer countries.

O3b Networks Ltd., with the next 24 months, will send 16 satellites into space to cover Africa, Oceania, South America and the Middle East with internet access.

Google believes that they will be able to bring cheaper internet options, and faster internet access to more than 3 billion people.

The companies seem confident they can cut high-speed internet prices by up to 90% in their move to spread the internet around the world.


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