Amazon nears deal to buy Globalstar, Bloomberg News reports

Globalstar

14/04/2026 03:51

April 13 (Reuters) - Amazon AMZN.O is in advanced talks to acquire satellite telecom group Globalstar GSAT.O, 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)

 ((Gnaneshwar.Rajan@thomsonreuters.com;))