3 outlets·3 reports
Amazon is trying to buy Globalstar to compete with SpaceX's Starlink
ThinkingNews Desk · how this was written
Amazon is in talks to acquire Globalstar, a company that operates low-Earth-orbit satellites. The move is intended to strengthen Amazon’s satellite network and position it against competitors such as SpaceX’s Starlink. The acquisition would expand Amazon’s presence in the growing LEO market.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Sources: Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is a complicating factor (Financial Times)
Amazon is in talks to acquire Globalstar. Apple holds a 20% stake in Globalstar, complicating the potential deal. Amazon aims to bolster its low Earth orbit satellite business.
- The Next Web·Amazon is in talks to buy Globalstar for $9 billion
- Ars Technica·Amazon is trying to buy Globalstar to compete with SpaceX's Starlink
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