Boston, MA 06/04/2014 (wallstreetpr) – Search engine giant Google Inc (NASDAQ:GOOG) is probing its stars of luck for a possible venture to reach out to the places where there is no internet. The company seems to be seriously planning a venture with a clear cut view to bring Internet to unwired parts of the world through the launch of the satellite.
Internet For Unwired Regions
The company is toying up with the idea of providing Internet to unwired parts of the world through satellite. The obvious reason for the search giant to probe Satellite is that they have become saturated everywhere they function, and the launch of Satellite could be one of the options to attract more customers. This is probably one of the major efforts coming from a big technology company to extend the reach of the web to the end of the earth, according to a report of Wall Street Journal.
For this, Google Inc (NASDAQ:GOOG) may be spending anywhere between $1 and $3 billion with an objective to launch about 180 satellites. The ear-marked amount could be peanuts for the search giant considering the fact that the company has more than $57 billion worth of cash or cash equivalents in its balance sheet.
Acquisition of Titan Aerospace
The report cannot be just ignored since the company has acquired Titan Aerospace, which has a specialization in making solar-powered drones and has experimented earlier with weather balloons as one more means of Internet delivery.
Google Inc (NASDAQ:GOOG) has always been in the forefront to extend its reach since they are a leader in the search engine world, and the nearest rival is way behind them. Therefore, it is anybody’s guess that the company is more inclined towards expanding their market around the globe.
The Google Inc (NASDAQ:GOOG) has been in the news for several other things such as its efforts in robotics, wearable technology, driver less car, mobile software, and among others cleans energy. It is no secret that its dominance is questioned by various countries regulators, including an anti-trust suit for illegally monopolizing the American mobile search market.
