Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.467)


Name of the Chinese firm which unveils plans to provide free worldwide WiFi with 272 satellites.

[A]. Baidu Inc
[B]. NetEase Inc
[C]. Qihoo 360 Technology
[D]. LinkSure Network

Answer: Option D


A Chinese Internet Technology firm, LinkSure Network which markets itself as a Global Innovative Mobile Internet Company specializing in free internet access, content and location based services unveiled a plan to provide free worldwide WiFi service with a constellation of 272 satellites by 2026. The Company founded in 2013 in Shanghai will launch its first satellite in 2019 from Jiuquan Satellite Launch Centre in Northwest China's Gansu province and by 2020 it will launch 10 satellites. The Company will invest 3 Billion Yuan (USD 431.4 million).

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