Google is helping to bring the internet to the other 3 billion people in the world that don't have access. They are doing this by backing O3b Networks plan on deploying 16 satellites that would be activated by late 2010. Google has donated about $20 million to the project so far.

<< O3b Networks Ltd. today announced it will begin deployment of a new global communications infrastructure to provide high-speed, low-cost Internet connectivity to emerging markets in Asia, Africa, Latin America and the Middle East.

Backed with financial and operational support from Google Inc., Liberty Global, Inc. and HSBC Principal Investments, the new system will reduce bandwidth costs for telecommunications operators (telcos) and Internet service providers (ISPs), enabling cost-effective voice and broadband services at speeds equivalent to those enjoyed in the developed world.

Developed nations, particularly in the northern hemisphere, are well served by an extensive submarine fiber network. The deployment of a fiber network in many developing markets is not commercially viable, let alone practical.

The O3b Networks system will offer fiber performance over satellite, at prices comparable to fiber in developed regions. By allowing direct connection to core networks and 3G Cellular/WiMAX towers, the O3b Networks system will completely change the economics of telecommunications infrastructure in the world’s fastest-growing markets for communications services. >>

Official press release from O3b Networks:
http://www.o3bnetworks.com/press_o3blaunch.html

More sources:
http://www.ft.com/cms/s/0/0bcf92e2-7ecf-11dd-b1af-000077b07658.html