O3B Networks gearing up to provide Internet access to 'the other 3 billion'

I have talked about O3B networks a few times in my presentations and keynotes, and it looks like they are indeed moving forward:  "O3b is building a next-generation network that combines the reach of satellite with the speed of fiber. Our groundbreaking services will enable emerging market telcos and ISPs to make the internet a truly global and universal experience. With world-class financial and operational support from SES, HSBC, Liberty Global, Development Bank of South Africa, Sofina, Satya Capital, Google, Northbridge Venture Partners, Allen & Company, O3b is creating a global internet backbone to serve several billions of consumers, businesses and other organisations in more than 150 countries...."  If anyone has more information I'd love to hear about it. Nice video illustration, below.

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