Audio By Carbonatix
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.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Amazon
Globalstar
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
- GRA boss defends transparency in Publican AI procurement amid stakeholder concerns24 minutes
- COPEC proposes 50% cut in ‘Dumsor Levy’ to ease fuel prices29 minutes
- Learn from Ghana, youth development must not be an afterthought – Osman Ayariga to other nations35 minutes
- Publican AI cuts import processing time to five minutes – GRA boss41 minutes
- Ato Forson says Ghana on track for debt sustainability as focus shifts to growth47 minutes
- Publican AI drives over $3m daily revenue gains – GRA boss53 minutes
- Osman Ayariga highlights Ghana’s youth inclusion model at Commonwealth Summit in Oxford57 minutes
- Me Boafo Foundation impacts over 800 lives in Adiembra through Easterfest interventions1 hour
- Abronye DC and Abubakar Yakubu granted bail1 hour
- NYA CEO Osman Ayariga urges Commonwealth nations to embrace inclusive youth governance1 hour
- Man faces attempted murder charges in attack on home of OpenAI’s Sam Altman1 hour
- Iran war weighs on global economy as IMF meeting starts2 hours
- Hollywood stars unite to oppose Paramount and Warner Bros Discovery merger2 hours
- Intergovernmental deal for $25bn Nigeria-Morocco gas pipeline due this year, official2 hours
- Amazon nears deal to buy Globalstar, Bloomberg News reports2 hours