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Amazon to buy satellite company Globalstar

Amazon to buy satellite firm Globalstar in $11.57 billion deal to take on Musk's Starlink

Amazon.com (AMZN.O) said on Tuesday it will acquire Globalstar (GSAT.O) in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk's Starlink.

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Apple chooses Amazon satellites for iPhone, years after rejecting Starlink offer

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Amazon takes step toward expanding its satellite services with Globalstar acquisition

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Amazon to spend $11bn on satellite firm in growing Starlink rivalry

Amazon is aiming to build-up its satellite business to offer internet and mobile phone services by spending $11.57bn (£8.5bn) on an acquisition of Globalstar.

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Why Amazon Is Buying Starlink Rival Globalstar in $11 Billion Deal

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Why Amazon Is Buying Globalstar—and What It Means for Your iPhone

RCR Wireless News

Amazon to buy Globalstar for $11.5bn – in bid to reshape the telco space race

Amazon's deal for Globalstar brings scale, spectrum, and services to its Leo proposition; the firm has also extended an airtime deal with Apple, and got back into private 5G.

Amazon purchases Globalstar for $11.6B to expand its low Earth orbit satellite network

Per the agreement, Amazon will take ownership of Globalstar's existing operations including its low Earth orbit satellite network and supporting infrastructure, as well as related assets