Live market ticker loads here

Central Policy Rate
11.50 %
National CPI Inflation
11.10 %
6-Month KIBOR
11.84 %
Average PKR/USD
277.92 PKR
Workers Remittances
3,631.04 USD (M)

Cookies on Headline Recorder

We use necessary cookies to run the site and keep your account secure, and, with your permission, analytics to understand what readers value. How we use cookies

Amazon Eyes $9B Globalstar Acquisition to Rival Starlink’s Satellite Dominance.

Listen1 min

Read aloud by your device’s built-in synthetic voice, not a recording. Needs a browser that can read aloud.

Amazon Globalstar $9 billion deal
Amazon Globalstar $9 billion deal

Amazon is reportedly in advanced negotiations to acquire satellite operator Globalstar in a deal valued at approximately $9 billion. This strategic move aims to bolster Amazon’s satellite internet initiative, now branded as Amazon Leo (formerly Project Kuiper), and directly challenge SpaceX’s dominant Starlink network.

Strategic Rationale: Scaling to Rival Starlink

The potential acquisition is viewed as a “shortcut” for Amazon to rapidly scale its low-Earth orbit (LEO) capabilities:

  • Infrastructure Gap: Amazon currently has roughly 200 satellites in orbit, a figure significantly dwarfed by SpaceX’s fleet of over 10,000 active satellites.
  • Spectrum Assets: Globalstar provides Amazon with vital L-band spectrum licenses and established ground infrastructure, which are critical for global voice, data, and IoT services.
  • Market Position: Globalstar recently turned profitable in 2025, reporting $273 million in revenue, making it a financially viable foundation for Amazon’s expansion.
Muneeba
Written by

Muneeba Zaman is a Karachi-based digital content creator and social media specialist. She creates business, tech, AI, and digital marketing content for Headline Recorder, with a focus on clear storytelling, brand consistency, and creative direction.

Listen: Podcast Join freeMy streak