Google is
backing a multi-million pound plan to use satellites to provide
internet access to three billion people in Africa and other
emerging markets.
The company has teamed up with
HSBC and cable television company Liberty Global to set up 03b
Networks.
They are expected to announce an order for 16 low-earth orbit
satellites today in the first phase of the £426m project, reports
the Financial Times.
The satellites will be used to connect mobile phone networks in
countries within five degrees of the equator to
broadband internet services by the end of 2010.
Initial funding is made up of around £11m from each of the
partners and £3m from media advisory firm Allen & Company.
The three partners will make further contributions to the
expected set up cost of around £100m, but said they could bring in
other backers.
03b is to be based in Channel Island Jersey and is expected to
sign up communications providers in Africa, Asia, South America and
the Middle East.