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Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz
Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz Amazon is moving in on the orbital mobile connectivity market that’s currently dominated by Elon Musk’s Starlink. The company on Tuesday said it had agreed to buy satellite company Globalstar, known for powering Apple’s “Emergency SOS” feature, for $11.57 billion in cash. The $90-per-share deal will net Amazon all of...
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