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Facebook, Google Ditch Satellite Plans

  • CNBC, Tuesday, June 9, 2015 1:34 PM

While Google and Facebook are looking at ways to bring the Web to the masses, both companies have abandoned plans to build and launch satellites to provide Internet service on continents such as Africa, according to separate reports, citing sources. The reports cite the expense of the projects. Both companies separately are still looking at balloons and drones as an option.

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