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Amazon Gains Enterprise Traction via AT&T Satellite Internet Partnership

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • AT&T announced a partnership with Amazon to deliver broadband satellite services through Amazon Leo's low Earth orbit network.
  • The deal reinforces Amazon's satellite enterprise expansion and helps AT&T counter competition from SpaceX's Starlink while presenting valuation upside for both companies.
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