Google is one of a group of investors pouring $60 million into a startup company that hopes to use satellites to deliver Internet access to developing countries. O3b Networks, based in the U.K.'s Channel Islands, plans to launch up to 16 satellites by the end of 2010, according to the Wall Street Journal. The satellites could provide service to Africa, the Middle East, and parts of Latin America.
Web pick posted by Neil Savage, Xconomy.com
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