$1bn investment brings global satellite internet a step nearer

Japanese investment in OneWeb offers hope of global internet equalityA US bid to use more than 600 satellites to provide cheap internet access across the world looks set to move forward thanks to a massive cash injection.Japanese telecommunications giant SoftBank has announced that it is putting up a $1bn stake in OneWeb, an American company that includes Richard Branson on its board of directors.OneWeb ’s plan is to launch a massive constellation of simple satellites to encircle the world and provide access to the internet from anywhere in a cost effective way.Continue reading...

Source: Guardian Unlimited Science - December 22, 2016 Category: Science Authors: Guardian Staff Tags: Satellites Internet Space Virgin Galactic Donald Trump Science Technology US news World news Telecommunications industry Business Source Type: news