-
Ar
chevron_right
Amazon is trying to buy Globalstar to compete with SpaceX's Starlink
news.movim.eu / ArsTechnica • 3 days ago
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.