Amazon to spend $11bn on satellite firm in growing Starlink rivalry

Business

Amazon is aiming to build-up its satellite business to offer internet and mobile phone services by spending $11.57bn (£8.5bn) on an acquisition of Globalstar. The deal, announced Tuesday, will allow Amazon to get thousands of satellites into low-earth orbit through the Amazon Leo project the company has been working on for several years. Amazon said the Globalstar takeover fits its "long-term vision for space-based connectivity" and that it will deploy a "next generation" satellite system in

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