Google To Spend $1 Billion On Fleet of Satellites
An anonymous reader writes "Google is planning to spend over $1 billion on a fleet of satellites to extend Internet access to unwired regions around the world. 'The projected price ranges from about $1 billion to more than $3 billion, the people familiar with the project said, depending on the network's final design and a later phase that could double the number of satellites. Based on past satellite ventures, costs could rise. Google's project is the latest effort by a Silicon Valley company to extend Internet coverage from the sky to help its business on the ground. Google and Facebook Inc. are counting on new Internet users in underserved regions to boost revenue, and ultimately, earnings. "Google and Facebook are trying to figure out ways of reaching populations that thus far have been unreachable," said Susan Irwin, president of Irwin Communications Inc., a satellite-communications research firm. "Wired connectivity only goes so far and wireless cellular networks reach small areas. Satellites can gain much broader access."'"
There are a lot of places here in the US, where even basic DSL or cellular service is fairly hard to come by, and if one goes with a conventional satellite provider, it becomes very expensive very fast.
This is something that I have high hopes for... done right, and assuming the uplink/downlink antennas are not too expensive, this would allow a baseline of Internet access in a whole region. Latency is "meh", but it is a lot better than what a lot of places have right now.
Some poor people are poor because they always buy what you're selling.