Apple and Amazon Partner on Satellite Deal. Why It Makes Sense.
Barrons
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Amazon announced that it signed an agreement with Apple to provide satellite connectivity for current and future iPhone and Apple Watch features.
The partnership was made possible via an existing deal Apple already had with Globalstar.
Amazon Acquires Globalstar for $11.6B
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Amazon inks deal for Globalstar to take on Musk's Starlink
Reuters —
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Amazon to buy satellite firm Globalstar for $11.57bn in challenge to Musk’s Starlink
The Guardian —
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Amazon buys satellite operator Globalstar for $11B to challenge Elon Musk’s Starlink
NY Post —
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Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The New York Times —
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Amazon agrees $11.6bn takeover of satellite group Globalstar
Financial Times —