Amazon is in advanced discussions to acquire satellite telecoms group Globalstar in a deal that could strengthen its position in the fast-growing satellite connectivity and space-based infrastructure sector.
According to a report by the Financial Times, the US technology company is negotiating a potential acquisition of Globalstar, which has a market value of around $9 billion. The move is seen as part of Amazon’s broader strategy to compete with SpaceX’s Starlink network.
People familiar with the matter said negotiations are ongoing, with both sides working through complex aspects of the deal. However, no agreement has been finalised, and talks could still collapse.
A key challenge in the negotiations is Globalstar’s ownership structure, with Apple holding a 20 per cent stake in the company. Any potential acquisition would therefore require coordination between Amazon and Apple.
Amazon is currently developing its own satellite internet system, Project Kuiper, which aims to provide global broadband coverage through a constellation of low Earth orbit satellites. The company has already deployed more than 200 satellites as part of the project.
Globalstar operates a smaller satellite network but holds valuable spectrum and infrastructure assets that could complement Amazon’s expansion plans.
The potential deal comes amid intensifying competition in the satellite internet market, where SpaceX has taken a leading position with its Starlink service. The company says it operates more than 10,000 satellites, providing connectivity worldwide.
At the same time, SpaceX is reportedly preparing for a major initial public offering. Sources indicate the listing could value the company at $75 billion or more, underlining the growing commercial importance of space-based communication networks.
Globalstar declined to comment on the reported discussions, while Amazon and Apple have not issued official statements.
Analysts say consolidation in the satellite sector reflects rising demand for secure, resilient communication networks, particularly as digital infrastructure becomes increasingly critical for economic and strategic operations.
The outcome of the negotiations could reshape competition in the global satellite broadband market, as major technology companies seek to expand their presence in space-based connectivity and infrastructure.
