Amazon to Buy Globalstar for $11.6 Billion | Bloomberg Tech 4/14/2026
1 sources·1 updates
Amazon has announced its intention to acquire Globalstar, a satellite operator, for $11.6 billion. This strategic move is expected to bolster Amazon's capabilities in satellite communications, potentially enhancing its service offerings in various sectors, including logistics and cloud computing.
Key Points
The acquisition is valued at $11.6 billion.
This move expands Amazon's capabilities in satellite communications.
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