Amazon Buys Globalstar in $11.57 Billion Deal to Strengthen Its Satellite Push Against Starlink
Amazon has agreed to acquire satellite company Globalstar in an $11.57 billion deal, a major move that strengthens its effort to challenge Elon Musk’s Starlink in the fast-growing market for satellite-based connectivity. The acquisition gives Amazon control of Globalstar’s direct-to-device satellite technology and adds its existing two dozen satellites to Amazon’s broader low-Earth-orbit network, which […]
