Posts Tagged 'cable'

O3b Networks – African Safari

It looks like philanthropy to invest millions in Africa. But, it could also be one of those amazingly far-sighted early-stage investments.

A bunch of entrepreneurs is backing O3b networks to put up 16 satellites to provide a wireless backbone for Africa. That’s Google, John Malone of Liberty Global, HSBC, Allen & Company… on the road to $750m in spend.

This could be a path for linking up with consumers in a host of other emerging markets. Hence the name of the firm… which stands for ‘Other 3 billion’… the half of the world that’s not currently within reach of Wikipedia and Facebook…

http://www.o3bnetworks.com/

And, for more links to Google’s multifarious ambitions, check out this blog from Unstung.


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