Seeking Alpha

Facebook leads project to connect the whole world

  • Facebook (FB) has got together with Samsung (SSNLF.PK), Qualcomm (QCOM), Nokia (NOK) and other technology companies to launch a project called that aims to make Internet access available to the two-thirds of the earth's population who are not yet connected.
  • The group also includes Ericsson (ERIC), Opera Software and Taiwan's MediaTek.
  • The effort mirrors Google's Project Loon, an attempt to bring Web access to remote regions via the use of balloons.
  • Around 5B people aren't yet connected to the Internet, which is a mighty number of potential Facebook users. (PR)
Comments (4)
  • heatnup
    , contributor
    Comments (60) | Send Message
    Nokia Asha 501 already provides data free access to the Facebook app and for users in Africa and India. Nokia has been trying to work this with cell partners well before this news!


    Maybe the entire organization will help it along even faster!
    21 Aug 2013, 12:02 PM Reply Like
  • RobbyRob
    , contributor
    Comments (358) | Send Message
    Yes, 5B aren't connected to the internet..."a mighty number" of potential FB users. I'm sure that those (the median on this planet) surviving on less than $2 per day can't wait to post their dinner and drink pictures, and to "like" their friend's status updates.
    23 Aug 2013, 10:50 AM Reply Like
  • heatnup
    , contributor
    Comments (60) | Send Message
    You make a valid point. However, by nature humans desire to be connected. For some it might be to share their meals, but for most it is simply to be a part of something. Rich or Poor, healthy or sick, people want to communicate with others that share their interests and techy gadgets help a lot of people do that.


    I don't use facebook, but in your $2 day example with a Asha 501 phone, it might be the only way to do this miles apart in a poor area...
    23 Aug 2013, 12:48 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (1866) | Send Message
    Nokia Life Services to Expand to Kenya


    23 Aug 2013, 01:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: