Amazon partnered with AT&T to provide low-Earth-orbit satellite connectivity. AT&T becomes the first U.S. telecom provider to use Amazon's satellite services. This alliance positions Amazon to challenge SpaceX's dominance in the satellite internet market.
Amazon hired banks for its first-ever bond issuance in British pounds. The sterling market entry diversifies funding sources for AI and cloud infrastructure investments. This move follows previous 2024 fundraising in euro and Swiss franc markets.