Amazon wants in on the low-Earth orbit Internet action.
Amazon is in talks to acquire the satellite telecommunications group Globalstar, a deal that would bolster the e-commerce giant’s effort to build its own low-Earth orbit satellite business.
The two sides were still negotiating over some of the complexities of a deal after lengthy talks, according to people familiar with the matter.
One complicating factor has been Apple’s ownership of a 20 percent stake in Globalstar, necessitating negotiations between Amazon and Apple, the people said.
On the latest episode of TechCrunch’s Equity podcast, we debated Elon Musk's vision for data centers in space.
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