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Amazon to buy satellite firm Globalstar for $11.57bn in challenge to Musk’s Starlink
| United Kingdom | business | ✓ Verified - theguardian.com

Amazon to buy satellite firm Globalstar for $11.57bn in challenge to Musk’s Starlink

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<p>Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites</p><p>Amazon said on Tuesday it would acquire a satellite company in an $11.57bn deal, bolstering its own fledgling space business as it looks to take on Elon Musk-led bigger rival Starlink.</p><p>The deal gives Amazon access to Globalstar’s network of two dozen satellites, boosting the tech giant’s ambitions to challenge SpaceX unit Starlink, which

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<p>Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites</p><p>Amazon said on Tuesday it would acquire a satellite company in an $11.57bn deal, bolstering its own fledgling space business as it looks to take on Elon Musk-led bigger rival Starlink.</p><p>The deal gives Amazon access to Globalstar’s network of two dozen satellites, boosting the tech giant’s ambitions to challenge SpaceX unit Starlink, which
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