Targeting SpaceX, Amazon buys stake in Globalstar that Apple paid $400 million for in 2022; tells FCC: We will rapidly deploy ...
TIMESOFINDIA.COM / May 28, 2026, 15:59 (IST)
Amazon is acquiring Globalstar for $11.6 billion, including Apple's 20% stake, to build a next-generation direct-to-device satellite constellation. This move intensifies competition with SpaceX's Starlink Mobile, aiming to provide voice, text, and data connectivity to smartphones without specialized hardware, even in challenging conditions.