It's no secret thatand are working on independent projects to bring the Internet to remote regions of the world.
Now, The Wall Street Journal has new information on Google's plan to connect the parts of the world where people have no or limited Internet access. According to WSJ's sources, Google plans to launch a fleet of 180 "small, high capacity" satellites that will orbit the Earth at lower altitudes than traditional satellites. The price tag for this initial push is expected to top $1 billion.
Earlier this year Google, a drone company, to work closely with Project Loon.
It makes sense that Google (and Facebook) are trying to connect more people to the Internet and get more eyeballs on their sites. But at what cost? One expert tells WSJ that the projects could cost more than the companies anticipate, perhaps as much as $20 billion.
Read on: Wall Street Journal
Image: Project Loon
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