Amazon nears deal to buy Globalstar, Bloomberg News reports
FILE PHOTO: Amazon logo outside an Amazon warehouse in Manchester, Britain, October 28, 2025. REUTERS/Phil Noble/File Photo
April 13 : Amazon is in advanced talks to acquire satellite telecom group Globalstar, a deal that would bolster the tech major's push to build its own satellite operation, Bloomberg News reported on Monday.
A transaction could be announced as soon as Tuesday, the report said, citing people familiar with the matter.
Reuters could not immediately confirm the report.
Source: Reuters
