Liberty buys Virgin, creating largest broadband company outside China
The combined operation will have 25 million customers in 14 countries. It will also take John Malone’s Liberty Global head-to-head with Rupert Murdoch and BSkyB. Read more »
O3b’s super satellite broadband coming in 2013
O3b Networks, a Google-backed, satellite-based telecom company, says it will launch its revolutionary new satellite-broadband service next year. It launched with fanfare in 2008 and in 2010 raised a whopping $1.18 billion but had to limit its size and scope because of the global credit squeeze. Read more »
Google Invests in Satellite Broadband Startup
O3b Networks has raised $60 million in funding for a $650-million project to send 16-birds and build a satellite broadband network that is focused on emerging markets and remote areas with little or no connectivity. Continue Reading Read more »
