Leave your feedback Share Copy URL https://ar-c.org/video/RKH6o08XQFQ.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Amazon to Buy Globalstar for $11.6 Billion [FiQhdHGOpG2] Health Updated on August 07, 2026 EDT — Published on August 07, 2026 EDT Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg's Michelle Davis reports. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: Get the latest in tech from Silicon Valley and around the world here: Connect with us on... X: Facebook: Instagram: Follow Ed Ludlow on X here: Follow Caroline Hyde on X here: Listen to the daily Bloomberg Technology podcast here: More from Bloomberg Business Connect with us on... X: Facebook: Instagram: LinkedIn: TikTok: jgMFc50z3CK LmaIyXK2Kzk ea00ui9gX1t au2BiTHwzGB fJdhYsRXQYB xsGnwBVWQUt Rd3En7rfboe
Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg's Michelle Davis reports. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: Get the latest in tech from Silicon Valley and around the world here: Connect with us on... X: Facebook: Instagram: Follow Ed Ludlow on X here: Follow Caroline Hyde on X here: Listen to the daily Bloomberg Technology podcast here: More from Bloomberg Business Connect with us on... X: Facebook: Instagram: LinkedIn: TikTok: jgMFc50z3CK LmaIyXK2Kzk ea00ui9gX1t au2BiTHwzGB fJdhYsRXQYB xsGnwBVWQUt Rd3En7rfboe