Facebook Inc (NASDAQ:FB) co-founder and CEO, Mark Zuckerberg, is of the opinion that carriers should sacrifice a little to expand the reach of the internet.
In a report from Jon Fortt for CNBC at the Mobile World Congress in Barcelona, Spain, the Facebook Inc (NASDAQ:FB) boss is quoted highlighting the benefits of the internet, especially in the emerging markets. Fortt said that Zuckerberg was on a “diplomatic mission” to talk directly to carriers in emerging markets to convince them about “the benefits of sacrificing a little” to expand web access.
“When people have the internet overall, you get access to information. Health information to stay healthy. Education information to increase opportunities. […] So it’s incredibly important and that’s why I think it’s something we’re all focused on,” he said.
According to Fortt, he also talked to Facebook Inc (NASDAQ:FB)’s Javier Olivan, the social network’s head of growth, who said that monthly and daily active users are the key metrics to measure growth despite what other social networks may have the world believe.
Olivan said that Facebook Inc (NASDAQ:FB) has 1.4 billion monthly active users and about 900 million daily active users. He also said that the social network is not just looking at these metrics but also analyzing it deeper looking at the time people spend on their service, for example.
Fortt added that the social network and its leaders were clearly at the Mobile World Congress to convince more carriers to collaborate with them in their Internet initiative. According to the CNBC host, executives from carriers around the world told the crowd in Barcelona that about 7 million people used mobile data for the first time as a result of free Facebook access. Paying data customers increased 40%, Fortt continued, for countries where free Facebook and Internet.org were launched.
Of course, it should be noted that with greater Internet access, the social network’s user base is also expected to increase.
Ken Griffin’s Citadel Investment Group increased its stake in Facebook Inc (NASDAQ:FB) by 15% quarter over quarter by the end of the December quarter to about 5.24 million shares.
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