Apple endorses the ~$11.6B Amazon-Globalstar deal, citing a 'proven track record' with Amazon infrastructure; Apple holds a ~20% stake in Globalstar (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Apple endorses the ~$11.6B Amazon-Globalstar deal, citing a “proven track record” with Amazon infrastructure; Apple holds a ~20% stake in Globalstar — Amazon.com Inc.'s takeover of Globalstar Inc. is poised to benefit one of the company's biggest rivals in hardware devices: Apple Inc.

Sources: Amazon is in advanced talks to acquire satellite operator Globalstar in a deal that could be announced as soon as Tuesday; GSAT jumps 15%+ pre-market (Bloomberg)
Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services (About Amazon)
Amazon agrees to pay 11.57B for Globalstar, or 90/share in cash or Amazon stock, assuming Globalstar meets certain HIBLEO-4 replacement satellite milestones (Reuters)
Amazon Leo unveils the Aviation Antenna, saying it can deliver up to 1 Gbps download and 400 Mbps upload speeds for in-flight Wi-Fi (Michael Kan/PCMag)

Source: Techmeme | 2026-04-15

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