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New global communications infrastructure to provide high-speed, low-cost Internet connectivity to emerging markets in Asia, Africa, Latin America and the Middle East.

O3b Networks Ltd. today announced it will begin deployment of a new global communications infrastructure to provide high-speed, low-cost Internet connectivity to emerging markets in Asia, Africa, Latin America and the Middle East. Backed with financial and operational support from Google Inc., Liberty Global, Inc. and HSBC Principal Investments, the new system will reduce bandwidth costs for telecommunications operators (telcos) and Internet service providers (ISPs) – enabling cost-effective voice and broadband services at speeds equivalent to those enjoyed in the developed world.

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