Amazon Acquisition of Globalstar Satellite Firm
Sector: Telecommunications • Location: United States
Source: Dailyhunt
Amazon.com Inc. has finalized a definitive agreement to acquire satellite operator Globalstar Inc. for approximately $11.6 billion. This strategic acquisition aims to bolster Amazon's proprietary satellite infrastructure and expand its presence in the direct-to-device (D2D) satellite connectivity market by 2028. The transaction is projected to conclude by 2027.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Amazon.com Inc. has finalized a definitive agreement to acquire satellite operator Globalstar Inc. for approximately $11.6 billion. This strategic acquisition aims to bolster Amazon's proprietary satellite infrastructure and expand its presence in the direct-to-device (D2D) satellite connectivity market by 2028. The transaction is projected to conclude by 2027. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |