Amazon to Acquire Globalstar for $11.5 Billion in Major Satellite Internet Push

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In a major breaking development, Amazon has agreed to acquire satellite communications firm Globalstar for approximately $11.5–$11.6 billion, marking one of its biggest strategic moves into space-based internet infrastructure.

The deal, announced just hours ago, is aimed at strengthening Amazon’s satellite ambitions and positioning it as a direct competitor to SpaceX’s Starlink network.

What the Deal Includes

Under the agreement:

  • Globalstar shareholders can receive $90 per share in cash or Amazon stock

  • Amazon gains access to Globalstar’s low-Earth orbit satellite network and spectrum licenses

  • The deal is expected to close next year, pending regulatory approvals

Globalstar currently operates a network of satellites used for services like Apple’s Emergency SOS feature on iPhones.

Why This Is a Big Deal

This acquisition is not just about buying a company—it’s about entering the next phase of the internet.

Amazon is building its own satellite constellation (Project Kuiper / Amazon Leo), aiming to deploy over 3,000 satellites to provide global internet coverage.

With Globalstar:

  • Amazon gets existing infrastructure instead of starting from scratch

  • It accelerates plans for direct-to-device connectivity (phones connecting to satellites)

  • It strengthens partnerships with companies like Apple

The move is clearly targeted at Starlink, which currently dominates the space with:

  • ~10,000 satellites in orbit

  • Millions of global users

Amazon, which has only a few hundred satellites deployed so far, is now making a catch-up move at massive scale.

What Happens Next

  • Amazon plans to integrate Globalstar into its satellite network

  • Future services could include satellite-powered messaging, calls, and internet directly on smartphones

  • The deal could reshape competition across telecom, aviation, defense, and global connectivity

Bottom Line

This isn’t just an acquisition—it’s Amazon entering the space internet war in full force.

If successful, it could:

  • Challenge Starlink’s dominance

  • Bring satellite connectivity to billions of devices

  • Turn space into the next big battleground for Big Tech

And this time, the competition isn’t on land or cloud—it’s in orbit.