Amazon to buy satellite firm Globalstar in US$11.5 billion deal

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To take on Starlink.

Amazon to buy satellite firm Globalstar in US$11.5 billion deal
Amazon.com will acquire Globalstar in an US$11.57 billion ($16 billion) ⁠deal, bolstering its ⁠fledgling satellite business as it tries to catch up with Elon Musk's Starlink. Tech companies are pouring billions of dollars into capturing the lucrative market for satellite-based ...

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