Amazon To Buy Globalstar For $11.57B In Bid To Flesh Out Its Satellite Biz
Amazon Globalstar deal reshapes satellite internet competition and challenges Starlink dominance globally.
Matilda
Amazon To Buy Globalstar For $11.57B In Bid To Flesh Out Its Satellite Biz
Amazon Globalstar Deal Signals Major Satellite Internet Shift The Amazon Globalstar deal is making headlines as the tech giant moves aggressively into satellite connectivity. Amazon has agreed to acquire Globalstar for $11.57 billion, aiming to expand its low-Earth orbit (LEO) satellite ambitions and compete directly with SpaceX’s Starlink. This move answers a key question many are asking: how serious is Amazon about satellite internet? The answer is clear—very serious, and this acquisition could reshape global connectivity. The deal gives Amazon access to Globalstar’s satellite infrastructure, spectrum licenses, and mobile services, accelerating its plans for direct-to-device connectivity. With competition heating up in space-based internet, the stakes have never been higher. Why Amazon Is Buying Globalstar Amazon’s decision to acquire Globalstar is not just about expansion—it’s about speed and positioning. Building a satellite network from scratch is time-consuming and expensive, and Gl…