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Facebook Scraps Plans to Launch Satellite to Provide Internet to Developing World

posted: 06/12/15
by: Discovery.com Staff
Telecommunication satellite orbiting Earth.
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Social networking behemoth Facebook has scrapped plans to launch a $500 million telecommunications satellite to provide low-cost internet access to the developing world, according to an exclusive report from The Information.

Facebook had originally planned to spend up to $1 billion on the project, but balked at the rising cost of launching and operating the satellite. According to an anonymous source, the company has not, however, ruled out moving forward with a leased satellite that would be operated by a third party.

The plans likely would have accompanied Facebook's recently announced internet.org initiative, which aims to "make affordable access to basic internet services available to every person in the world", according to founder Mark Zuckerberg.

Some critics have called foul on Zukerberg's initiative, however, citing net neutrality concerns.

Click here to read the full report from The Information (subscription required)

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