Amazon nears a deal to acquire Globalstar
Amazon is in advanced talks to acquire Globalstar, a move that would deepen its satellite ambitions and sharpen its rivalry with Starlink.
From the sources (4 posts)
@edludlowRT @business: Amazon is in advanced talks to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to b…
@businessAmazon is in advanced talks to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation, sources say
@stocksavvyshay$AMZN is said to be nearing a deal for $GSAT as it pushes deeper into satellite connectivity to rival Starlink. Bloomberg says the deal could be announced as soon as tomorrow.
@negligible_cap*AMAZON SAID TO NEAR GLOBALSTAR DEAL IN PUSH TO RIVAL STARLINK $AMZN acquiring $GSAT could be announced as soon as tomorrow. The FT reported on April 1 that AMZN was in talks with GSAT which shot it up over 20% initially on the announcem