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Amazon Globalstar Deal Targets Starlink Rival

Bloomberg Markets •
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Amazon.com Inc. is in advanced talks to acquire Globalstar Inc., a satellite operator, in a deal that would significantly expand its satellite infrastructure ambitions, according to people familiar with the matter. The potential acquisition comes as Amazon races to build its own satellite constellation through Project Kuiper, aiming to compete with Elon Musk's Starlink in the broadband internet market.

Globalstar operates a network of satellites providing voice and data services, which would complement Amazon's existing satellite plans. The deal would give Amazon immediate access to operational satellite technology and spectrum rights, potentially accelerating its timeline to launch commercial services. Industry analysts suggest this move reflects Amazon's determination to establish a competitive position in the satellite communications sector.

Amazon has already committed $10 billion to Project Kuiper, planning to deploy over 3,200 satellites. Acquiring Globalstar would provide valuable assets including satellite infrastructure and spectrum licenses that could help Amazon bypass some regulatory and technical hurdles. The talks signal Amazon's aggressive strategy to challenge Starlink's dominance in the satellite internet market, as the company seeks to diversify its revenue streams beyond e-commerce and cloud computing.