Amazon explores 9 billion dollar Globalstar acquisition
Amazon is in talks to buy satellite group Globalstar for 9 billion dollars. The deal was reported Wednesday by the Financial Times citing sources familiar.
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AMAZON.COM INC is reportedly in discussions to acquire the satellite telecommunications group GLOBALSTAR INC in a deal valued at approximately $9 billion. The potential acquisition, first reported by the Financial Times, highlights Amazon's ongoing efforts to expand its capabilities in the satellite communications market.
