Amazon plans to acquire Apple’s 20% stake in Globalstar
Amazon says the deal will expand satellite coverage, capacity and voice service for phones while preserving Apple’s existing connectivity features.
- Amazon filed an "Application for Consent to Assign and Transfer Control of Licenses and Authorizations" with the Federal Communications Commission, seeking to acquire Globalstar and take over Apple Inc.'s 20% equity stake in the company.
- Apple previously secured a 20% stake in Globalstar through a $1.1 billion investment, while Globalstar developed a 48-satellite C-3 constellation to power Emergency SOS features on iPhones.
- To conduct the merger, Amazon created a subsidiary, "Grapefruit Acquisition Sub II," urging the Federal Communications Commission to approve the deal as the e-commerce giant competes with SpaceX in satellite connectivity.
- Amazon told the Federal Communications Commission it plans to serve "smartphones and other mobile devices across multiple carriers and vendors," using next-generation D2D satellites to augment Globalstar's services with robust voice and data connectivity.
- The acquisition positions Amazon against rivals AST SpaceMobile and Starlink Mobile, aiming to eliminate cellular dead zones by using satellites that act as orbiting cell towers beaming data to unmodified phones.
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Targeting SpaceX, Amazon buys stake in Globalstar that Apple paid $400 million for in 2022; tells FCC: We will rapidly deploy ...
Tech News News: Amazon is acquiring satellite communications provider Globalstar in an $11.6 billion deal. This deal also includes taking over Apple’s 20% stake in th.
Amazon to Acquire Apple's Globalstar Stake in Satellite Deal
Amazon is acquiring Apple satellite provider Globalstar, and it has worked out a deal to take over Apple's stake in the satellite company. According to an FCC filing noticed by PCMag, Amazon is initiating a merger structure. It will create a new subsidiary called Grapefruit Acquisition Sub II to absorb Globalstar's operations, and then the new subsidiary will acquire Apple's equity.
Mario Romero.- While SpaceX is in the process of continuing to populate the globe environment of its Starlink satellites, to further expand its coverage, its competitor Amazon has reported that it managed to close the deal with Apple Globalstar's satellite provider, and has drawn up an agreement to take over [...] The post Amazon buys Apple's share in Globalstar to boost "Leo" satellite business and compete against Starlink first appeared on Tra…
As part of its acquisition of satellite communications service Globalstar, Amazon plans to acquire Apple's 20% stake in Globalstar.
It has been revealed that Amazon plans to acquire Apple's 20% stake in satellite communications service Globalstar as part of its acquisition of Globalstar. Amazon to Take Over Apple's 20% Stake in Globalstar as Part of Acquisition https://uk.pcmag.com/networking/165182/amazon-to-take-over-apples-20-stake-in-globalstar-as-part-of-acquisition Amazon plans to acquire Apple's 20% stake in Globalstar - 9to5Mac https://9to5mac.com/2026/05/27/fcc-fili…
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