Not viable: Alphabet closing Loon, a balloon alternative to cell towers

Alphabet Inc is shutting down Loon after concluding the business, which offers balloons as an alternative to cell towers, is not commercially viable, Google’s parent company said on Thursday. Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous using balloons the length of tennis courts and solar-powered networking gear.

But the wireless carriers which Loon saw as buyers questioned the technical and political viability of the idea. “While.

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