Verizon is trying to build a satellite internet network with the same technology that powers Facebook and Google.
The company recently announced that it has signed a deal with a consortium of Chinese telecommunications companies to build the next generation of its broadband network, which it says will be capable of reaching “millions of homes and businesses.”
The deal includes the signing of a memorandum of understanding (MOU), which allows Verizon to begin building its own satellite internet infrastructure.
Verizon will be building the network in the U.S., Canada, Mexico, Chile, Singapore, Australia, India, and South Korea, according to a statement from the company.
The deal is part of Verizon’s $1.2 billion acquisition of Skybox Imaging, a Chinese satellite provider.
“As we continue to scale up our investment in broadband infrastructure, we expect to build on this legacy technology,” said Jim Cicconi, Verizon’s president and CEO, in a statement.
“The Skybox acquisition has already enabled us to leverage our investment into broadband to help us build our next generation network.
Our investment into satellite broadband is an example of Verizon investing in the future of our customers and helping them achieve the benefits of broadband.”
Verizon has been testing the network for several years.
In 2014, the company said it had a satellite network capable of serving over 1 million customers.
That same year, Verizon said it could expand its network to reach over 10 million customers by 2019.
The new service will be built with a combination of existing fiber-optic cables and satellite dishes.
Verizon is expected to offer customers access to the network by 2019, according a statement by Cicconi.
The carrier said that it will offer unlimited data plans for new customers starting at $70 a month, and that new customers who sign up for the service will receive a $30 credit on their bill for each gigabyte of data they upload.