Alphabet's Moonshot Factory's New Venture 'Taara' Delivers Light-Beamed Internet to Remote Regions
Portfolio Pulse from Anusuya Lahiri
Alphabet's Moonshot Factory has launched a new venture called Taara, which aims to deliver internet service to remote areas using beams of light. Taara has partnered with Bharti Airtel, Econet Group, Liquid Telecom, Bluetown, and Digicel to expand its laser internet technology.
June 26, 2023 | 1:05 pm
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POSITIVE IMPACT
Alphabet's Taara project aims to provide affordable internet access to remote areas, partnering with major telecom and internet providers.
Taara's partnerships with major telecom and internet providers will help expand its laser internet technology, potentially increasing Alphabet's market reach and revenue. This positive development is likely to have a short-term positive impact on Alphabet's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Taara project aims to provide affordable internet access to remote areas, partnering with major telecom and internet providers.
Taara's partnerships with major telecom and internet providers will help expand its laser internet technology, potentially increasing Alphabet's market reach and revenue. This positive development is likely to have a short-term positive impact on Alphabet's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100