Article 74NY2 Amazon is trying to buy Globalstar to compete with SpaceX's Starlink

Amazon is trying to buy Globalstar to compete with SpaceX's Starlink

by
Ivan Levingston, Kieran Smith, Fontanella-Khan, an
from Ars Technica - All content on (#74NY2)

Amazon is in talks to acquire the satellite telecommunications group Globalstar, a deal that would bolster the e-commerce giant's effort to build its own low-Earth orbit satellite business.

The two sides were still negotiating over some of the complexities of a deal after lengthy talks, according to people familiar with the matter.

One complicating factor has been Apple's ownership of a 20 percent stake in Globalstar, necessitating negotiations between Amazon and Apple, the people said.

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