Facebook's Onavo Purchase Is a Start -- but There's Much More to Do

There's so much more Facebook (NASDAQ: FB  ) can do to unlock growth in emerging markets. It can start by teaming up with American Tower (NYSE: AMT  ) , Fool contributor Tim Beyers says in the following video.

Earlier this month the social network purchased Israel's Onavo for an unspecified sum in what looks like an attempt to make it easier for cash-strapped populations in emerging markets to access Facebook. How? Through data compression. Onavo's software sharply reduces the amount of data a phone is required to consume in order to access interactive services such as Facebook.

As important a breakthrough as that surely is, Tim says the bigger issue is making bandwidth and service more widely available in emerging markets, which is where American Tower and its network of more than 60,000 wireless locations in 13 countries can help. In teaming up, the two might give access to a greater portion of the globe at an economically attractive scale, Tim argues.

Do you agree? How do you expect Facebook to reach emerging markets? What would you do if were you in Mark Zuckerberg's position? Please watch the video to get Tim's full take and then leave a comment to let us know where you stand.

A social media stock you'll never want to sell
For as great as Facebook has performed so far this year, there's another social media stock that The Motley Fool's CEO believes in so strongly in that it's one of just three businesses he'd buy to hold for a lifetime. And why not? Warren Buffett has made his billions riding his favorite ideas to succeeding highs, rarely selling. Ready to learn more? Just click here now to uncover the three companies we believe you can buy to hold forever. 

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2692226, ~/Articles/ArticleHandler.aspx, 5/24/2016 7:28:51 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Tim Beyers

Tim Beyers first began writing for the Fool in 2003. Today, he's an analyst for Motley Fool Rule Breakers and Motley Fool Supernova. At, he covers disruptive ideas in technology and entertainment, though you'll most often find him writing and talking about the business of comics. Find him online at or send email to For more insights, follow Tim on Google+ and Twitter.

Today's Market

updated Moments ago Sponsored by:
DOW 17,706.05 213.12 1.22%
S&P 500 2,076.06 28.02 1.37%
NASD 4,861.06 95.27 2.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/24/2016 4:00 PM
FB $117.70 Up +1.73 +1.49%
Facebook CAPS Rating: ***
AMT $105.30 Up +1.14 +1.09%
American Tower CAPS Rating: ****