An ambitious $650 million undertaking by Internet giant Google and international bank HSBC will see Internet services extended to nearly three billion people in rural areas across the world.The two companies hope to launch a 16 satellite systems within the next year that will provide cheap Internet connectivity to users in mostly rural areas.
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The project’s objective is to extend internet services to users in areas that are not covered by current offerings, such as fibre optic networks and satellites, which are traditionally accessible in urban and peri-urban areas.To read this Business Daily Africa report in full, see:
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