The Financial Times reports that Amazon is in talks with Globalstar about an acquisition to help boost its low Earth orbit satellite business, but Apple’s 20 percent stake in Globalstar is forcing negotiations between the three companies.
[Link: Amazon in talks to buy $9bn satellite group Globalstar in bid to rival Elon Musk’s Starlink | https://www.ft.com/content/abace066-fe93-4ff0-8378-d3c3eb49519c?syn-25a6b1a6=1 | Financial Times]
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Amazon is looking to acquire Globalstar — which Apple already owns a piece of.
The Financial Times reports that Amazon is in talks with Globalstar about an acquisition to help boost its low Earth orbit satellite business, but Apple’s … [631 chars]
Source: The Verge | Published: 2026-04-01T23:29:41Z
Credit: The Verge
