Amazon Kuiper satellite broadband investments a 'compelling opportunity': BofA

6 hours ago 1
Global satellite internet service concept, 3D rendering

AlexLMX/iStock via Getty Images

  • Bank of America sees Amazon's (NASDAQ:AMZN) investment in Project Kuiper, a low Earth orbit satellite broadband network, as a potential key revenue driver for the company.
  • The funding could lead to "potentially strong long-term margins given high startup costs."
  • BofA

Recommended For You

More Trending News

Read Entire Article