

Fernication
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Amazon is officially acquiring Globalstar satellites for $11.57 billion. "Globalstar satellites, radio frequency spectrum, and operational expertise will enable Amazon Leo to add Direct-to-Device services to future generations of its low Earth orbit satellite network. New Amazon Leo D2D system will help mobile network operators extend voice, text, and data services to customers beyond the reach of terrestrial cellular networks. Amazon and Apple enter agreement for Amazon Leo to power satellite services for supported iPhone and Apple Watch models, allowing users to text emergency services, message friends and family, request roadside assistance, and more." I guess Amazon feels this will help them compete with Starlink Mobile, but $11.5B is a steep price for what I think Globalstar offers. We'll see how it pans out. Starlink Mobile is already adding many thousands of new users per day.






















