Amazon (AMZN) is said to be nearing a deal for Globalstar (GSAT) as it seeks to compete with Starlink

Amazon's reported move to acquire Globalstar signals a significant strategic step to bolster its competitive position against Starlink in the satellite internet market.

Newsquawk StaffPublished 14 Apr 2026, 02:54 UTCOn the live feed at 02:34 UTC — 2 more headlines followed before this page went public

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02:54

Chinese Exports YoY (Mar) Y/Y 2.5% vs. Exp. 8.3% (Prev. 21.8%)

02:53

[MARKET ANALYSIS] DXY is little changed after weakening yesterday on optimism regarding US-Iran talks

02:34

Amazon (AMZN) is said to be nearing a deal for Globalstar (GSAT) as it seeks to compete with Starlink

02:32

China customs vice minister says international situation is currently turbulent, while geopolitical conflicts are intensifying and global oil prices fluctuate sharply

02:26

[MARKET ANALYSIS] Treasury futures rebounded and yields softened amid US-Iran peace hopes

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Context

This deal could enhance Amazon's technological capabilities and expand its service offerings, potentially shifting market dynamics in the broadband sector. Investors will want to assess the implications for both companies and the broader competitive landscape.

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