header logo
Mogo Academy
Science & Tech
Sri Lanka to buy stake in Google’s Project Loon
Feb 02, 201611:04 AM
Sri Lanka to buy stake in Google’s Project Loon
Mobitel Inner

Sri Lanka’s government announced Monday it would take a 25 per cent stake in a joint venture with Google designed to deliver a high-speed Internet service powered by balloons and that tests would begin this month.

 

Telecommunications Minister Harin Fernando said Google has taken delivery in Sri Lanka of the giant helium-filled balloons and other equipment needed to carry out tests across the island.

 

“The tests will start later this month at Ratmalana (a suburb of the capital Colombo) and could last up to a year,” Fernando told reporters.

 

“The government of Sri Lanka will have a 25 per cent stake in the (joint-venture) company in return for the spectrum that will be allocated for the project,” the minister added in Colombo.

 

Fernando said there would be no other capital investment by Sri Lanka, but 10 per cent of the joint venture would be offered to existing telephone service providers in the island.

 

The minister said most of the Internet service providers on the island were in favour of what is known as Google’s “Project Loon” that will extend their coverage and offer cheaper rates for data services.

 

“Our objective is to extend coverage so that the entire island will be covered,” Fernando said. “With competition, tariffs will also come down.”

 

Service providers will be able to access higher speeds and improve the quality of their existing service once the balloon project is up and running.

 

The balloons, once in the stratosphere, will be twice as high as commercial airliners and barely visible to the naked eye. The balloons will have a lifespan of about 180 days, but can be recycled, said Fernando who visited Google’s testing facility at Silicon Valley.

 

Official figures show there are 3.3 million mobile Internet connections and 630,000 fixed line Internet subscribers among Sri Lanka’s more than 20 million population.

 

Sri Lanka became the first country in South Asia to introduce mobile phones in 1989 and the first to roll out a 3G network in 2004. It was also the first in the region to unveil a 4G network two years ago.

 

Source: AFP

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

 Negombo Prison clash : Further hearing of case adjourned until July 23

Negombo Prison clash : Further hearing of case adjourned until July 23

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue  - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Cabinet nod given for new framework to combat money laundering and terror financing

Cabinet nod given for new framework to combat money laundering and terror financing

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

Lassana Flora