In a bit of a good news, Google is starting a venture and plans to spend up to $3 billion to launch 180 satellites to offer satellite internet access throughout the globe. Google reaches for the stars: Satellites next venture for search giant, WSJ reports.
Sign me up as I would be their first customer. This is a much bigger deal than most people believe. I am often on the road and I can assure you that getting a reliable internet connection in Asia, Russia or Central/South America is not only frustrating, it can be downright impossible. Regardless of how much money you have.
For instance, I used to own a business in the Philippines and you couldn’t even get a stable Internet connection in the central business district of Makati. You have to get a dual from two different service providers and you also have to pay $500/month for a connection that you can get in the US for $20.
Point being, this might be a huge growth driver for Google going forward as most tech companies continue to battle for Global domination. Personally, there is nothing more I would like than to do most of my work (trade & write) from a remote island somewhere in the South Pacific. I can only do so with a stable connection and I can’t wait until Google makes it available.
