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04.04.26 - 02:06
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New contender to Starlink: Amazon in talks to acquire Globalstar (Digitimes)
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Amazon is in advanced discussions to acquire the satellite communications provider Globalstar, a move that could significantly strengthen its ambitions in low-Earth orbit broadband and sharpen its challenge to SpaceX and its dominant Starlink network, according to people familiar with the negotiations....
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03.04.26 - 14:12
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Amazon’s Globalstar play about spectrum, not just hardware (24/7 Wall St.)
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Bloomberg's Ed Ludlow reported live from Kennedy Space Center that Amazon (NASDAQ:AMZN) is in talks to acquire Globalstar (NASDAQ:GSAT). What Globalstar has is very valuable licensed spectrum. Having a constellation in orbit is not about the hardware up there but about the spectrum that it occupies. — Ed Ludlow, Bloomberg, reporting from Kennedy Space Center ... Amazon's Globalstar play about spectrum, not just hardware
The post Amazon's Globalstar play about spectrum, not just hardware appeared first on 24/7 Wall St.....
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02.04.26 - 19:00
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AST SpaceMobile Stock Surges Thursday: Here′s Why (Benzinga)
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AST SpaceMobile Inc (NASDAQ:ASTS) shares are skyrocketing on Thursday as space‑related stocks surge across the board. The entire sector is catching a wave of enthusiasm following reports that Amazon is in acquisition talks with Globalstar Inc (NASDAQ:GSAT), while excitement continues to build around the anticipated SpaceX IPO and NASA's successful Artemis II launch.
Importance Rank:
2
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02.04.26 - 16:18
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Apple Investors Face New Risk as Amazon Eyes Takeover of iPhone’s Satellite Partner (24/7 Wall St.)
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Amazon.com (NASDAQ: AMZN) is reportedly in talks to acquire Globalstar (NASDAQ: GSAT), Apple's satellite connectivity partner, in a deal valued at roughly $9 billion. For Apple (NASDAQ: AAPL) investors, the implications deserve a close look. Apple's Dependence on Globalstar Apple uses Globalstar for Emergency SOS via Satellite and satellite messaging features across its iPhone lineup. ... Apple Investors Face New Risk as Amazon Eyes Takeover of iPhone's Satellite Partner
The post Apple Investors Face New Risk as Amazon Eyes Takeover of iPhone's Satellite Partner appeared first on 24/7 Wall St.....
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02.04.26 - 15:36
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Globalstar Soars 10%: Amazon’s Reported Takeover Bid Ignites a Spectrum War With SpaceX (24/7 Wall St.)
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Globalstar (NASDAQ:GSAT) shares are surging 10% in early Thursday trading after the Financial Times reported that Amazon (NASDAQ:AMZN) is in advanced talks to acquire the satellite telecommunications company. The move extends GSAT stock's remarkable run as it has now delivered a 231% gain over the past year. The report landed on the last trading session before ... Globalstar Soars 10%: Amazon's Reported Takeover Bid Ignites a Spectrum War With SpaceX
The post Globalstar Soars 10%: Amazon's Reported Takeover Bid Ignites a Spectrum War With SpaceX appeared first on 24/7 Wall St.....
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02.04.26 - 15:18
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Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race (ZeroHedge)
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Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race
Globalstar shares surged 12% in premarket trading in New York...
...marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.
The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over "some of the complexities," including the fact that Apple owns a 20% stake in the satellite communications company, which operates 24 satellites in low Earth orbit, arranged in a Walker-24 configuration, and sells services for emergency messaging, asset tracking, remote voice/data links, and IoT connectivity in places where cell coverage is weak or nonexistent.
Globalstar powers Apple's emergency satellite feature on iPhones, but that system is far more limited than the high-speed broadband network o...
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