Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service

Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service

The New York Times business

Key Points:

  • Amazon said on Tuesday that it was buying Globalstar, a global communications company, for $10.8 billion as it aims to build out a satellite network in space.
  • The deal, which was for a combination of

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