Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service

The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.

Read full article at The New York Times →

Amazon Acquires Globalstar for $11.6B

Amazon enters the space race Financial Times — Apr 15, 04:00 AM
Amazon’s $16.3 billion deal amps up rivalry with Elon Musk Sydney Morning Herald — Apr 15, 01:49 AM
Amazon’s $11.6 Billion Globalstar Deal Amps Up Rivalry With Musk Bloomberg — Apr 14, 20:22 PM
Amazon inks deal for Globalstar to take on Musk's Starlink 📹 Reuters — Apr 14, 19:19 PM · 2min
Amazon is buying satellite giant Globalstar in a deal that analysts said is complicated due to Apple's stake Times Of India — Apr 14, 17:30 PM