Zuckerberg ready to spend billions to spread web access

Bloomberg San Francisco
Last Updated : Sep 06 2014 | 10:16 PM IST
Facebook Inc Chief Executive Officer Mark Zuckerberg said he's willing to spend whatever it takes to spread Internet access around the world.

"We feel a big responsibility to bring the Internet to more people," Zuckerberg said at an event organized by Carlos Slim, chairman emeritus of America Movil SAB, in Mexico City. "Even if Facebook has to spend billions of dollars" to make it happen, he said.

Facebook already connects almost half of the world's Internet-connected population on its social network, with 1.3 billion users. The more people that are connected to the Web, the more room Facebook has to grow, especially after its planned $19 billion acquisition of WhatsApp Inc., a messaging application for mobile phones.

"I think WhatsApp is going to be the global text messaging platform," Zuckerberg said. "I think we're going to have an opportunity for WhatsApp to connect 2 or 3 billion people."

In February, when Facebook announced the deal to buy WhatsApp, Zuckerberg said his goal was for the messaging service to reach 1 billion users. Last month, the company said its active user base expanded to 600 million people.

Zuckerberg last year started the Internet.org initiative for connecting the world on mobile devices. The company is working on projects to deliver the Internet to undeserved areas by building drones, satellites and lasers.

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First Published: Sep 06 2014 | 9:47 PM IST

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