communications News & Analysis
2 articles
Market Mood
Amazon (AMZN) nears Globalstar deal to rival SpaceX Starlink
Amazon (AMZN) is reportedly in advanced discussions to acquire Globalstar, which could position it as a competitor to SpaceX's Starlink satellite internet service. This acquisition would enhance Amazon's capabilities in the satellite communications sector. Pending details of the deal have yet to be disclosed, including financial terms. The move aligns with Amazon's continued investments in technology and infrastructure to bolster its market presence in broadband services.
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BlackBerry (BB) renews secure communications deal with Canada
BlackBerry (BB) has renewed a contract to provide secure communications for Canadian government agencies. This agreement highlights the company's ongoing role in enhancing cybersecurity within governmental operations. While specific financial terms were not disclosed, the renewal solidifies BlackBerry's presence in the secure communications market. This may positively impact BlackBerry's market position as it reinforces its commitment to secure technology solutions.
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