Financial Times ·

Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is a complicating factor

Ecommerce giant is trying to catch up with SpaceX's low Earth orbit internet service

Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is a complicating factor

Lead Source

How this story grew

Coverage · 0 Discussion · 0
Apr 1Apr 3

More

PCMag: PCMag
Benzinga: Benzinga
The Information: The Information
MacRumors: MacRumors
Ars Technica: Ars Technica
CNBC: CNBC
Yahoo Finance: Yahoo Finance
Fierce Network: Fierce Network
Investor's Business Daily: Investor's Business Daily
Philip Elmer-DeWitt: Philip Elmer-DeWitt
iDrop News: iDrop News
Reuters: Reuters
Fast Company: Fast Company
The Next Web: The Next Web
RTÉ: RTÉ
Capacity: Capacity
TelecomTV: TelecomTV
DatacenterDynamics: DatacenterDynamics
Blockonomi: Blockonomi
The Mac Observer: The Mac Observer
ZeroHedge News: ZeroHedge News
Barron's Online: Barron's Online
Bloomberg: Bloomberg
Advanced Television: Advanced Television
MacDailyNews: MacDailyNews
AppleInsider: AppleInsider
9to5Mac: 9to5Mac
Telecompaper: Telecompaper
Mobile World Live: Mobile World Live

Discussion

TechSnif Coverage

Amazon Eyes Globalstar Acquisition to Challenge SpaceX

Amazon is reportedly in talks to buy satellite firm Globalstar, but Apple's 20% stake complicates the deal.

Amazon wants to buy Globalstar. The goal: supercharge its low Earth orbit satellite ambitions and close the gap with SpaceX's Starlink internet service.

There's a catch. Apple owns a 20% stake in Globalstar, creating a messy complication for any acquisition. Having one of your biggest rivals as a minority shareholder in a company you're trying to swallow whole isn't exactly ideal dealmaking territory.

The move underscores how seriously Amazon is taking the LEO satellite race. SpaceX has built a commanding lead with Starlink, and Amazon's Project Kuiper has been playing catch-up. Acquiring Globalstar would hand Amazon existing satellite infrastructure and spectrum rights — potentially shaving years off the timeline.

No deal terms have been disclosed. Whether Apple plays ball or becomes a blocking force remains the key variable to watch.