Gate News message, April 15 — Amazon announced on April 14 (local time) that it will acquire satellite communications company Globalstar for $11.6 billion (approximately 17 trillion Korean won), according to Bloomberg and other outlets. The deal combines Amazon stock and up to $90 per share in cash, with the transaction expected to close in 2027.
The acquisition gives Amazon access to critical wireless spectrum licenses essential for expanding satellite-to-mobile services. Amazon plans to launch direct-to-device services in 2028, allowing mobile devices to connect directly to satellites without traditional cell towers. Apple’s emergency messaging service will also transition to Amazon’s Project Kuiper satellite network.
Amazon’s Project Kuiper currently operates about 200 satellites in limited commercial testing, targeting over 7,700 satellites long-term. In contrast, SpaceX’s Starlink has already deployed approximately 10,000 satellites and serves 10 million users globally. SpaceX is accelerating its direct-to-device market entry through partnerships with T-Mobile, while competitors like AST work with AT&T and Verizon.
Globalstar shareholders can choose up to $90 cash per share or 0.32 Amazon shares, with cash payments capped at 40% of the total. This marks Amazon’s second-largest acquisition after Whole Foods. FCC Chairman Brendan Carr expressed support for the deal, noting it could introduce a new competitor to the satellite communications market.
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