Cooperation Between Amazon And Verizon

$Amazon (AMZN.US)$ and US telecom operator Verizon jointly announced that Verizon will use Amazon's "Project Kuiper" satellite network to provide broadband Internet services in rural and remote areas. In April 2019, Amazon announced that it would set up a "Project Kuiper" satellite network, which will consist of 3236 satellites, aimed at providing broadband Internet services to users around the world. In this cooperation, Verizon will use the "Project Kuiper" satellite network as an extension of its ground services to expand Verizon's 4G/LTE and 5G data networks.
$Verizon (VZ.US)$