Amazon is reportedly in negotiations to acquire satellite telecommunications firm Globalstar for $9 billion, though Apple’s existing 20 percent ownership stake has complicated the potential acquisition deal.
Key Points
- Amazon aims to purchase Globalstar to bolster its satellite internet capabilities and compete with SpaceX’s Starlink network.
- Apple currently holds a 20 percent stake in Globalstar following a $1.5 billion investment made in 2024.
- The existing partnership grants Apple access to 85 percent of Globalstar’s network capacity for iPhone features like Emergency SOS and satellite messaging.
- Apple is planning future satellite-based features, including improved mapping and third-party API support, which require infrastructure upgrades from Globalstar.
- Amazon’s own Project Kuiper satellite program currently operates over 180 satellites, significantly trailing the scale of SpaceX’s fleet.