Amazon agrees to buy Globalstar in an $11.6 billion satellite deal
Amazon agreed to buy Globalstar for $11.57 billion, adding spectrum and direct-to-device capabilities to its satellite network and extending its Apple-device ambitions.
From the sources (22 posts)
@polymarketJUST IN: Amazon will acquire Globalstar to expand its satellite network.
@sawyermerrittAmazon is officially acquiring Globalstar satellites for $11.57 billion. "Globalstar satellites, radio frequency spectrum, and operational expertise will enable Amazon Leo to add Direct-to-Device services to future generations of its low E
@edludlowAmazon's M&A history-- Globalstar would be its second-biggest deal ever I think: Whole Foods — $13.7B Globalstar — ~$11.6B announced / pending MGM — $8.45B One Medical — ~$3.9B Zoox — ~$1.3B Zappos — ~$1.2B Ring — ~$1.0–1.2B Twitch — ~$970
@yahoofinanceAmazon will acquire Starlink competitor Globalstar for $11.57 billion. Sevens Report Research founder @TomEssaye on the deal: Corporate America is "firing on all cylinders."
@mweinbachRT @panos_panay: We’ve also signed an agreement with @Apple to become their primary satellite service provider for iPhone and Apple Watch.…
@reutersAmazon said it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on Elon Musk-led bigger rival Starlink
@ns123abcBREAKING: Amazon just bought Globalstar for $11.5 billion >amazon paying $90/share, deal closes 2027 >launching initial LEO satellite service mid-2026 >goal: power direct-to-device service to compete with SpaceX Starlink Mobile
@danprimackAmazon jumps deeper into space race
@andrewcurran_Amazon is buying Globalstar
@cnbcAmazon to buy Globalstar to bolster Leo satellite business
@edludlowThe Why: Valuable spectrum that’s hard to replicate and speeds up Amazon’s buildout Existing network + infrastructure to accelerate deployment (ex-US focus) Direct-to-phone capability (Note; Apple) for a new growth area
@stockmktnewzAmazon's $AMZN deal to acquire Globalstar $GSAT is worth $11.57 Billion Under the deal, Globalstar shareholders can elect to receive either $90 in cash or 0.3210 shares of Amazon common stock for each share Amazon plans to ramp up its net
@stocksavvyshay$AMZN and $AAPL have signed an agreement to use Amazon’s LEO network for satellite features across iPhone and Apple Watch. That support is expected to include services like Emergency SOS.
@firstsquawkAMAZON TO BUY GLOBESTAR FOR USD 90 PER SHARE
@businessAmazon agreed to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation.
@polymarketmoney$AMZN is acquiring $GSAT to expand its LEO satellite network. Amazon and Apple have also entered a new agreement to use that network for connectivity across iPhones, Apple Watches, and other devices.
@negligible_cap*AMAZON TO BUY GLOBALSTAR FOR $90 PER SHARE $GSAT x $AMZN deal is official - $90 / share, cash / stock election $AMZN and $AAPL also enter an agreement for Amazon's LEO to power satellite services for iPhone and Apple Watch models https:/
@stockmktnewzAMAZON X APPLE PARTNERSHIP Amazon $AMZN and Apple $AAPL just announced a new agreement for Amazon Leo to power satellite services for supported iPhone and Apple Watch models
@wallstengineAmazon is acquiring Globalstar $GSAT for $90 a share in a deal expected to close in 2027, adding satellite operations, spectrum, and direct-to-device capabilities to Amazon Leo. Amazon and Apple also signed a pact for Leo to support satelli
@stockmktnewzAmazon $AMZN just announced it has agreed to acquire Globalstar $GSAT to expand its Amazon Leo satellite network - Reuters
@deitaone*AMAZON TO BUY GLOBALSTAR FOR $90 PER SHARE
@zerohedge*AMAZON TO BUY GLOBALSTAR FOR $90 PER SHARE