Amazon Considers Acquiring Globalstar to Rival Starlink

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Amazon is exploring a potential acquisition of Globalstar, a satellite group valued at $9 billion. This move is seen as a strategic effort to compete with Starlink, Elon Musk's satellite internet venture. The acquisition would provide Amazon with the infrastructure needed to deliver broadband internet services from space, potentially expanding its reach and challenging Starlink's dominance in the rapidly growing satellite internet market.