Why Amazon needs to talk to Apple as it looks to buy $9 billion satellite group Globalstar to take on Elon Musk’s Starlink
Amazon is reportedly in talks to acquire Globalstar, a move that would significantly boost its low Earth orbit satellite ambitions. A key hurdle involves Apple's 20% stake in Globalstar, necessitating negotiations with the tech giant. This potential deal could accelerate Amazon's competition with SpaceX's Starlink and enhance its own satellite internet capabilities.
Amazon is reportedly in talks to acquire Globalstar, a move that would significantly boost its low Earth orbit satellite ambitions. A key hurdle involves Apple's 20% stake in Globalstar, necessitating negotiations with the tech giant. This potential deal could accelerate Amazon's competition with SpaceX's Starlink and enhance its own satellite internet capabilities.
