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140 Amazon Acquires Globalstar: Apple Satellite Services Move To Leo Network

Ubergizmo
Paulo Montenegro @ Ubergizmo 2 place · today 12:48 EDT

Amazon Acquires Globalstar: Apple Satellite Services Move To Leo Network

Amazon and Globalstar have entered into a definitive merger agreement valued at approximately $11.57 billion. Under the terms of the deal, Amazon will acquire the satellite operator, resolving ongoing speculation regarding the future of Globalstar’s long-standing exclusive partnership with Apple. The acquisition is expected to close in 2027, contingent upon regulatory approval and Globalstar reaching specific satellite deployment milestones. Apple and Amazon Leo Collaboration In a significant secondary agre

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