Heard about it on NPR the other day:

"Satellite company O3b Networks has linked up with Google and other 
investors to bring cheaper, high-speed wireless Internet access to areas 
unlikely to see investments in fiber infrastructure.

O3b stands for "other 3 billion," a reference to the world's population that 
still can't access the Internet. O3b, which is based in the U.K.'s Channel 
Islands, said construction is under way on 16 satellites that will drop the 
cost for ISPs and operators to provide Internet access over 3G 
(third-generation) and WiMax networks.
Those satellites will provide backhaul capacity, also known as "trunking," 
for ISPs (Internet service providers) and operators, essentially moving 
large amounts of data wirelessly between points where fiber-optic cable has 
not been dug into the ground, said Greg Wyler, O3b's founder and CEO."

<http://www.nytimes.com/idg/IDG_852573C400693880002574BF00346775.html?ref=technology>


Vitaliy 

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