BofA: Amazon's (AMZN.US) satellite broadband service won't bring significant returns in the short term

Generated by AI AgentMarket Intel
Tuesday, Oct 22, 2024 2:40 am ET1min read

Analysts at Bank of America said Amazon (AMZN.US) is not expected to see significant returns from its satellite network project, Project Kuiper, for at least several years, but it could spark interest in the project's long-term potential among investors.

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