Canada invests CUS$85 million in satellite company to narrow broadband gap for remote areas

OTTAWA: The Canadian government said on Wednesday it is investing CUS$85 million in an Ottawa-based satellite company as part of an effort to provide better broadband internet access to rural and remote communities.

LEO satellites operate 36 times closer to the earth than traditional telecommunications satellites. This means they take less time to send and receive information, leading to better and faster broadband service, even in rural, remote and northern areas. A memorandum of understanding foresees the Canadian government committing up to CUS$600 million over 10 years for"privileged access" to the satellite network and to help deliver CUS$1.2 billion in affordable high-speed internet.The privileged access will not be limited to isolated or rural communities, Bains said.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

JLC law firm seeks S$32.1m from two companies and their ownerJLC Advisors, the law firm at the heart of Allied Technologies' missing S$33 million funds saga, is seeking to recover from a businessman and his two companies about S$32.1 million, which JLC claims its managing partner Jeffrey Ong Su Aun has 'wrongfully' paid out to. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »