Amazon to buy satellite firm Globalstar in $11.57 billion deal

Amazon has announced plans to acquire satellite telecom firm Globalstar in a deal valued at about $11.6 billion, as it accelerates efforts to expand its space-based internet network.

The acquisition is part of Amazon’s broader strategy to compete directly with SpaceX’s Starlink. Which currently dominates the satellite internet market.

Under the agreement, Globalstar shareholders will receive about $90 per share in cash or stock, with more than half already approving the deal. The transaction is expected to close in 2027, pending regulatory approvals.

The move will give Amazon access to Globalstar’s satellite fleet, spectrum licenses, and infrastructure—key assets needed to scale its low-Earth orbit (LEO) satellite network known as “Amazon Leo.”

Race to Rival Starlink and Expand Global Connectivity

The acquisition is seen as a major step in Amazon’s ambition to deliver internet access globally. Especially in remote areas with limited or no traditional network coverage.

Amazon plans to deploy over 3,200 satellites by 2029, combining its existing network with Globalstar’s capabilities to offer faster and more reliable connectivity.

A key focus of the expansion is “direct-to-device” technology. Which allows smartphones and other devices to connect directly to satellites without relying on ground towers. This could revolutionize communication, particularly for emergency services and underserved regions.

The deal also strengthens Amazon’s partnership with Apple, as Globalstar already powers satellite features like emergency SOS on iPhones.

However, analysts note that Amazon still trails behind Starlink, which operates thousands of satellites and serves millions of users worldwide.

With competition heating up in the space internet sector, Amazon’s move signals a high-stakes battle for global connectivity. One that could reshape how billions of people access the internet in the coming years.

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