Amazon is in talks to buy Globalstar for $9 billion

This article was published on April 2, 2026 A deal would give Amazon’s Leo satellite programme access to Globalstar’s L-band spectrum and operational infrastructure, a shortcut in its race to rival SpaceX’s Starlink. Apple’s stake, which powers Emergency SOS on iPhones, has made negotiations significantly more complex. Amazon is in advanced talks to acquire satellite telecommunications group Globalstar in a deal that would value the company at approximately $9 billion, the Financial Times reported on Wednesday, citing people familiar with the matter. Reuters confirmed the report. Both Amazon and Globalstar declined to comment, and the two sides are still negotiating the complexities of a potential deal after what the FT describes as lengthy talks. Nothing has been signed. The strategic rationale is straightforward. Amazon is building Amazon Leo, formerly known as Project Kuiper, a planned constellation of more than 3,200 low-earth-orbit satellites designed to rival SpaceX’s Starlink, the dominant player in satellite internet. As of the time of the report, Amazon has launched more than 180 Leo satellites. Globalstar would accelerate that ambition considerably, bringing with it L-ban