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Amazon in talks to acquire Globalstar in $9-billion deal: Report
short by Anushka Singh / on Thursday, 2 April, 2026
Amazon is negotiating a potential deal to buy satellite telecom group Globalstar, Financial Times reported. The potential deal is a part of Amazon's efforts to build its own low-earth-orbit satellite vertical to rival SpaceX's Starlink. This comes as Amazon is deploying Leo, formerly known as Project Kuiper, which is a low-earth-orbit satellite network involving over 3,200 satellites.
read more at Reuters