Amazon Eyes Globalstar for Satellite Push
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Show Notes
Amazons potential acquisition of Globalstar for $8.8 billion could accelerate its low-Earth orbit internet project, but Apples 20% stake complicates the deal. Globalstar, with 780,000 mobile users and Apples emergency SOS integration, is a valuable asset. However, Amazon faces stiff competition from SpaceXs Starlink, which boasts 9,600 satellites and 9 million users, generating 50-80% of SpaceXs revenue. Amazon is securing airline partners, with Delta and JetBlue on board, as talks with Globalstar intensify.
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