However, the excessively high cost of designing and manufacturing the satellite lead to the abandonment of the plans.

The cost, according to conflicting reports are anywhere from US$500m to US$1bn.

However, the project has not been definitively ended.

Article image

There are possibilities that Facebook may lease space on another satellite or still partner with another project.

Facebooks withdrawal from the satellite plans follows Googles.

Both companies have seen satellites and other airborne hardware as the future of internet access in upcoming markets.

spot_img

Today, satellite-internet services are not only quite expensive but also offer slow data speeds.

Also, they would cost less, as tiny satellites are generally less costly.

It is developing a constellation of small communications satellites of its own, said Elon Musks SpaceX.

For long, Facebook has been an recommending for global internet access, launching Internet.org in 2013.

It looks like as though the satellite plans were not related to Internet.org, according to Efratis source.

source: www.techworm.net