Google to Fund, Develop Wireless Networks in Emerging Markets

Google to Fund, Develop Wireless Networks in Emerging Markets - WSJ.com: "Google Inc. GOOG -1.07% is deep into a multipronged effort to build and help run wireless networks in emerging markets as part of a plan to connect a billion or more new people to the Internet. These wireless networks would serve areas such as sub-Saharan Africa and Southeast Asia to dwellers outside of major cities where wired Internet connections aren't available, said people familiar with the strategy. The networks also could be used to improve Internet speeds in urban centers, these people said. Google plans to team up with local telecommunications firms and equipment providers in the emerging markets to develop the networks, as well as create business models to support them, these people said. It is unclear whether Google already has lined up such deals or alliances. . . ."

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