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Amazon acquires Globalstar for $11.6 billion
Amazon has completed a significant acquisition of satellite group Globalstar for $11.6 billion. This move enhances Amazon's capabilities in satellite communications and expands its technological reach.
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What happened
Amazon has completed a significant acquisition of satellite group Globalstar for $11.6 billion.
Why it matters
This move enhances Amazon's capabilities in satellite communications and expands its technological reach.