Amazon's Starlink Rival Leo Is Coming This Year: Jassy Says Service Is ‘On Track’
Amazon CEO Andy Jassy says Leo satellite internet will launch initial service this year; most related costs will weigh on Q4 results.
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Why It Matters
Amazon is launching Leo, a satellite internet service, later this year. The company will spend a lot of money on it soon, which may affect profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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