4h ago
Amazon Just Acquired Globalstar In An $11.5 Billion Deal, And Elon Musk Now Has His First Real Satellite Internet Competitor, Consumers Will Win Big.
More competition will be good for consumers.
Globalstar is the satellite operator behind Apple's iPhone Emergency SOS feature, with roughly two dozen low-Earth orbit satellites already operational. Amazon gets an existing constellation, critical spectrum, and Apple as a flagship partner in one move.
Apple, which has invested $1.5 billion in Globalstar, has agreed to continue powering Emergency SOS and Find My for iPhone and Apple Watch users under the new structure.
@Starlink serves more than 9 million subscribers. @amazon is coming for that market with AWS integration, enterprise deals already signed with Delta, AT&T, and Vodafone, and now Apple in its corner.
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