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New satellites aim to connect billions to the Internet

The company says that its network will be able to provide 70 percent of the world’s population with "fiber quality internet connectivity" — including most of South America, the Middle East, Asia and all of Africa and Australia.

O3b Networks successfully launched its first four satellites yesterday.

O3b, which stands for the "other three billion," is working to connect the three billion people who have very limited or no Internet access.

"In only a few years, we have designed and launched a revolutionary system; one that will transform the way communications are handled in many of the world’s underserved markets," said O3b Chairman John Dick, in a statement. "Working with our customers, O3b will open up a new and exciting world to billions of people who, up to now, have not experienced the benefits of fast Internet connectivity and who, as a result, are not on a level playing field."

By Tyler Falk

Full Story: http://www.smartplanet.com/blog/bulletin/new-satellites-aim-to-connect-billions-to-the-internet/22771?tag=nl.e660&s_cid=e660&ttag=e660&ftag=

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