(Reuters) - Italy is in advanced talks with Elon Musk's SpaceX for a deal to provide secure telecommunications for the government, Bloomberg News reported on Sunday. Italian officials have been
Italy Close to Securing $1.5 Billion SpaceX Telecom Deal
(Reuters) - Italy is in advanced talks with Elon Musk's SpaceX for a deal to provide secure telecommunications for the government, Bloomberg News reported on Sunday.
Italian officials have been negotiating on a 1.5 billion euros ($1.55 billion) deal aimed at supplying Italy with a full range of top-level encryption for telephone and Internet services used by the government, the report said, citing people with knowledge of the matter.
($1 = 0.9708 euros)
(Reporting by Harshita Meenaktshi in Bengaluru; Editing by Andrew Heavens)
