Google’s Philanthropy Project Sounds Familiar
Google Inc. (NASDAQ:GOOG) founded a group called the Alliance for Affordable Internet (A4AI) that aims to provide cheaper Internet access to people in emerging markets, where Internet service is much more expensive than in developed countries.
According to a report from CNET, Google is one of the four founders of the alliance, along with the U.S. Agency for International Development, the U.K. Department for International Development, and philanthropic organization the Omidyar network. Members include tech and online giants like Facebook (NASDAQ:FB), Microsoft (NASDAQ:MSFT), Yahoo (NASDAQ:YHOO), and Intel (NASDAQ:INTC), among others.
Google announced the initiative in a blog post on Monday. The company said A4AI will focus on making Internet less expensive for the 5 billion people on the planet who remain unconnected through policy change, rather than technology.
“Policy change can help new innovation take hold and flourish; outdated policies can stifle progress. In Kenya and other markets that have adopted national broadband plans, policy change has delivered results, fast. A4AI will focus on those policy changes that can bolster new access technologies and initiatives and make the Internet more affordable to people worldwide,” the company said in its statement.