{"id":1001008,"date":"2026-04-04T07:59:30","date_gmt":"2026-04-04T02:29:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1001008"},"modified":"2026-04-04T09:28:32","modified_gmt":"2026-04-04T03:58:32","slug":"amazon-eyes-9-billion-globalstar-deal-to-rival-spacexs-starlink-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/04\/amazon-eyes-9-billion-globalstar-deal-to-rival-spacexs-starlink-report\/","title":{"rendered":"Amazon eyes $9 billion Globalstar deal to rival SpaceX&#8217;s Starlink: Report"},"content":{"rendered":"<p>Amazon is in talks to buy satellite telecom group Globalstar \u200bas it ramps up efforts \u200bto build its own low-earth-orbit satellite business to \u200brival SpaceX&#8217;s Starlink, the Financial Times reported on Wednesday, citing people familiar with the matter. <\/p>\n<p>Globalstar&#8217;s shares, which have more than doubled in market value over the past \u200cyear, surged \u206024% to $85 \u2060in extended trading following the report. The company had a market cap of $8.81 \u200bbillion as of last close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon is in talks to buy satellite telecom group Globalstar \u200bas it ramps up efforts \u200bto build its own low-earth-orbit satellite business to \u200brival SpaceX&#8217;s Starlink, the Financial Times reported on Wednesday, citing people familiar with the matter. Globalstar&#8217;s shares, which have more than doubled in market value over the past \u200cyear, surged \u206024% to $85 \u2060in extended trading following the report. The company had a market cap of $8.81 \u200bbillion as of last close.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1001008","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1001008"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001008\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1001008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1001008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1001008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}