Why is one organization sending tiny satellites into orbit?

An “Outernet” project funded by the Media Development Investment Fund (MDIF) of New York is now experimenting with sending satellites just 10 square centimeters in size into space. The tiny satellites, called CubeSats could bring Internet access to the entire world in the coming years, with an estimated price tag of $12 billion. The organization reported that it doesn’t have that kind of funding, but they’re going to continue, despite expected opposition from telecom operators.