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Amazon Buys Globalstar for $11 Billion

Amazon has agreed to acquire Globalstar, the satellite operator behind Apple's iPhone emergency SOS feature, for more than $11 billion. The deal gives Amazon direct control over low-Earth orbit spectrum and ground infrastructure relevant to its Project Kuiper broadband ambitions. Apple's dependency on Globalstar's netw

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spacex-starlink

Why Amazon Is Buying Globalstar, and What It Means for Your iPhone

Amazon has agreed to acquire Globalstar, the satellite operator behind Apple's iPhone emergency SOS feature, for more than $11 billion. The deal gives Amazon direct control over low-Earth orbit spectrum and ground infrastructure relevant to its Project Kuiper broadband ambitions. Apple's dependency on Globalstar's netw

2mo ago · 1 min · Business

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