FILE PHOTO: Amazon logo outside an Amazon warehouse in Manchester, Britain, October 28, 2025. REUTERS/Phil Noble/File Photo
FILE PHOTO: Amazon logo outside an Amazon warehouse in Manchester, Britain, October 28, 2025. REUTERS/Phil Noble/File Photo
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Business & Economy

Amazon nears deal to buy Globalstar, Bloomberg News reports

April 13 (Reuters) – 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.

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Reuters could not immediately confirm the report.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sumana Nandy)

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