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Amazon's Starlink competitor launching mid-year
Finance Yahoo·
Amazon's CEO has announced that the company's satellite internet competitor to Starlink, codenamed Leo (formerly Project Kuiper), is slated for launch by mid-year. This initiative aims to provide high-speed internet access with download speeds reaching up to 1 Gbps. The project signifies Amazon's significant investment in expanding its technological infrastructure and entering the global satellite broadband market. This move is expected to challenge existing players and increase competition in the connectivity sector.
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Finance Yahoo — finance.yahoo.com