financetom
Business
financetom
/
Business
/
Amazon.com in Talks to Deploy Kuiper Initiative in Vietnam
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon.com in Talks to Deploy Kuiper Initiative in Vietnam
Aug 27, 2025 4:34 AM

07:10 AM EDT, 08/27/2025 (MT Newswires) -- Amazon.com ( AMZN ) is in talks with the Vietnamese government to deploy its Kuiper initiative to provide broadband internet services from low-Earth orbit satellites, Vietnam's Ministry of Science and Technology said in a statement Tuesday.

Amazon ( AMZN ) has established a local entity named Amazon Kuiper Vietnam and has applied to participate in a controlled pilot program to provide low-Earth orbit satellite telecommunications services to connect up to 600,000 subscribers, the statement noted.

"The Kuiper project is suitable for Vietnam's development needs," said Vietnam's Deputy Minister Pham Duc Long, according to the statement.

According to the statement, Pham Duc Long assigned relevant departments to undertake technical work with representatives of the Kuiper project to submit the pilot dossier to the prime minister in September.

Amazon ( AMZN ) did not immediately respond to an MT Newswires request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vans parent VF Corp forecasts surprise revenue decline amid tariff pressure (Oct. 28)
Vans parent VF Corp forecasts surprise revenue decline amid tariff pressure (Oct. 28)
Oct 29, 2025
(In Oct. 28 story, corrects paragraphs 6, 8 to say sales forecast, reported figures are based on constant currency; Also corrects second-quarter sales numbers for North Face, Timberland and first-quarter sales numbers for Vans in paragraph 8 to say they are in constant currency, not on a reported basis) (Reuters) -VF Corp ( VFC ) on Tuesday forecast a surprise...
BRIEF-OnMed And Berto Acquisition Corp. Sign Non-Binding Letter Of Intent For A Business Combination
BRIEF-OnMed And Berto Acquisition Corp. Sign Non-Binding Letter Of Intent For A Business Combination
Oct 29, 2025
Oct 29 (Reuters) - Berto Acquisition Corp ( TACO ): * ONMED AND BERTO ACQUISITION CORP. SIGN NON-BINDING LETTER OF INTENT FOR A BUSINESS COMBINATION * BERTO ACQUISITION CORP ( TACO ): KARTHIK GANESH, CEO OF ONMED, WILL LEAD COMBINED COMPANY * BERTO ACQUISITION CORP ( TACO ): COMBINED COMPANY IS EXPECTED TO BE PUBLICLY LISTED Source text: Further company...
ODFL Shares Jump As Q3 Earnings Top Forecasts Despite Freight Slowdown
ODFL Shares Jump As Q3 Earnings Top Forecasts Despite Freight Slowdown
Oct 29, 2025
Old Dominion Freight Line, Inc ( ODFL ). shares are trading higher after the company reported third-quarter 2025 results. Details Revenue fell 4.3% year over year (Y/Y) to $1.41 billion, missing expectations of $1.40 billion. The decline was primarily due to a 9.0% Y/Y drop in LTL tons per day. LTL tons per day fell due to a 7.9% Y/Y decrease in shipments...
Wipro Signs Multiyear IT Deal With Hanesbrands
Wipro Signs Multiyear IT Deal With Hanesbrands
Oct 29, 2025
10:31 AM EDT, 10/29/2025 (MT Newswires) -- Wipro ( WIT ) said Wednesday it signed a multiyear agreement with Hanesbrands ( HBI ) to modernize its information technology infrastructure and cybersecurity systems using the Wipro Intelligence WINGS platform. The partnership supports Hanesbrands' ( HBI ) artificial intelligence-led IT 2.0 strategy to streamline operations, enhance compliance, and cut costs, Wipro (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved