Source: New York Post
Amazon said Tuesday it would acquire Globalstar in an $11. 57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk’s Starlink. Tech companies are pouring in billions of dollars to capture the lucrative market for satellite-based connectivity, but it will be a tall order to match Starlink’s 10,000-unit-strong network.
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