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O3b Networks are advancing
O3b Networks, a global leader in the development of internet connections system based on satellites, aiming to build from the ground up the system enabling IT operations in the regions without landline broadband on-line access, is growing rapidly in spite of the crisis. More and more countries in the 3rd World sees ICT as chief dynamic factor of economic growth and this means firm financing of such projects. The O3b Networks headquarters announced on April 23rd $400 million in contracts for services. Deployment costs only of the first eight satellites will amount to $500 millions.
“Customer demand for international trunking and cellular backhaul remains strong, allowing us to beat our internal forecasts again last quarter,” Greg Wyler, the company founder and Chief Executive Officer said. “Our low latency, high bandwidth, affordable solution allows us to tap into the global pent up demand of emerging markets. Customers appreciate the low latency and low costs we can achieve while maintaining a strong business model which works for our investors. To meet this growing demand we have now opened a regional office in the UAE and increased our sales team in the Asian region.”
By 2010 O3b plans to launch 16 satellites into orbit to provide inexpensive Internet service to billions of users in remote areas of the world, based on a fiber-optic network. By allowing direct connection to core networks and 3G Cellular/WiMAX towers, the O3b Networks system should make possible a great leap forward in the field of communication services and the computerisation for many hitherto poorly-developed countries.
Indeed there were doubts regarding the real internet growth possibilities on the African continent even under conditions of a low-priced access to this solution.
In a January 7, 2009 CNN video, contrary to the previous allegations by the news agencies, is claimed there are no any significant number of computer users on the vaste areas of African continent unless governmental agencies.
sources: http://www.tradingmarkets.com
http://en.wikipedia.org/wiki/O3b_Networks,_Ltd.