– A New Venture For Internet Access To Masses By Facebook

Internet giant and biggest Social Network Facebook with the aim of increasing the reach of Internet to deprived sections of world is launching, a Joint venture with other 6 telecom companies that will work to bring 5 billion people online, who currently don’t have access to it.

The founding partners include Facebook, Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung, who will work together on projects aimed at mobile technologies to provide affordable net access across the globe.
The site went online tuesday evening, and will feature interviews with industry stalwarts and experts in coming weeks.

The cause for which founders are working has huge social interest but it also has some financial gains as increasing data usage has direct effect in the earnings of members, and they also need new markets to expand as currently the areas covered have become largely saturated. focus is on 3 main challenges in developing countries. Developing low-cost, higher-quality smartphones for easy access to internet.

Reducing the amount of data for using Internet with data compression tools and efficient networks.

Attracting more and more business to join for increasing Internet access through incentives for mobile operators, device manufacturers, and developers.

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