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Stock impact report

Quika promises free satellite internet for developing countries [MSN Money]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: MSN Money
© Provided by Engadget Facebook's plans for free satellite internet access may have run into some... setbacks , but another company is promising to make that ubiquitous data a practical reality. Quika, a company led by the chief of satellite provider Talia, is launching a free satellite broadband service in the second quarter of 2018. It's promising speedy, low-latency Ka-band data in developing countries where income inequality and a lack of infrastructure (especially in rural areas) make conventional internet access impractical for most. Service will begin with Afghanistan, Iraq and most of Africa, but there are promises of more countries afterward. Popular Searches The strategy behind this no-charge access isn't terribly complicated: Quika is planning to support its free plan through its paid services for enterprises and internet providers. Also, while the service itself will be free, Quika notes that customers may have to pay for s Show less Read more
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