Report: Google developing fund for wireless networks in emerging markets

Summary:Is Google Fiber going global? Not quite (to say the least) but the Android giant is reportedly working on getting many more people online soon.

global-fiber

Google has already demonstrated its interest in making high-speed Internet across the United States with through the Fiber project, but it looks like the tech giant has a global plan too.

See also: Google aims to push tablets as part of new education initiative

The Wall Street Journal reported on Friday that the Mountain View, Calif.-based company is working on a monetary fund to build wireless networks in emerging markets.

Google hasn't commented publicly on the report or the fund yet.

But according to the WSJ story, based on unnamed sources, these are the main points to know.

The fund is expected to fuel wireless infrastructures primarily in rural areas where wired Internet connections aren't available, especially in Southeast Asia and Sub-Saharan Africa.

It still remains to be seen how Google plans to go about this project, either by building the networks itself or partnering with local wireless companies -- or some balance of both, depending on the market.

Such an initiative does fall in line with some of Google's more philanthropic schemes and rhetoric, much of which CEO Larry Page reiterated at Google I/O in San Francisco last week.

But getting more people online and enabling them with wireless connectivity also has possibility to boost the mobile user base in these regions, outfitting them as prime consumers for low-cost Android smartphones, featurephones, and even tablets.

Topics: Mobility, 4G, Google, Networking, Unified Comms

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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