Amazon nears deal to buy Globalstar, Bloomberg News reports

April 13, 2026 10:53 PM EDT

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

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.

Reuters could not ‌immediately confirm the report.

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



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