Intelsat S.A. (NYSE: I), operator of the world´s first Globalized Network and provider of integrated satellite communications, and The Coca-Cola Company are working together to bring satellite-enabled Wi-Fi services to remote communities across Africa, the company said.
The partnership will support both companies´ future business plans and also their mutual efforts to promote sustainable development, especially in underserved communities.
Internet access is a proven tool for stimulating economic growth in developing countries, with the World Bank reporting that a 10 percent increase in broadband penetration correlates to a 1.38 percent increase in GDP growth. With Intelsat´s satellite broadband services, connectivity can be delivered to rural areas where there is limited or no terrestrial or wireless connectivity, opening up a host of additional opportunities for social and economic development.
Coca-Cola is already working in developing communities around the world to foster sustainable development activity like supporting clean water and sanitation services as well as economic empowerment for women. Under the new partnership, Intelsat will work with Coca-Cola to establish Wi-Fi access at certain retail facilities in rural areas, enabling personal and commercial connectivity for citizens.
Intelsat operates the world´s first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat´s Globalized Network combines the world´s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services.For more information, visit www.intelsat.com.
Coca-Cola (NYSE: KO) is the world´s largest beverage company, offering over 500 brands to people in more than 200 countries.