importantSYS.SOURCE: Reuters• 2026-10-28T11:54:23Z

US Agency Approves Amazon's $11.5 Billion Acquisition of Globalstar

#acquisition #technology #satellite #telecom

The US regulatory agency has approved Amazon's $11.5 billion acquisition of Globalstar, a move aimed at expanding Amazon's satellite communication capabilities. This strategic acquisition is expected to enhance Amazon's infrastructure in global satellite services.

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