PolicyLatestFtApr 1

Amazon in talks to buy Globalstar for $9bn

Amazon is negotiating to acquire satellite group Globalstar for $9 billion. This move aims to enhance its capabilities and compete with Musk's Starlink service.

Amazon Globalstar Starlink World

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FtpublisherUpdated Apr 2

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What happened

Amazon is negotiating to acquire satellite group Globalstar for $9 billion.

Why it matters

This move aims to enhance its capabilities and compete with Musk's Starlink service.

Amazon in talks to buy Globalstar for $9bn

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