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AI Business & IndustryYahoo Finance AIPublished: Apr 16, 2026, 04:00 JST

Amazon acquires Globalstar for $11.6 billion to compete with SpaceX's Starlink in satellite-based connectivity

Amazon acquires Globalstar for $11.6 billion to compete with SpaceX's Starlink in satellite-based connectivity

Amazon agreed to purchase satellite operator Globalstar for US$11.6 billion to establish direct-to-device satellite connectivity services

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