{"id":1002918,"date":"2026-04-15T10:31:42","date_gmt":"2026-04-15T05:01:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1002918"},"modified":"2026-04-15T10:31:42","modified_gmt":"2026-04-15T05:01:42","slug":"amazon-finalizes-agreement-to-buy-satellite-firm-globalstar-for-11-6-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/15\/amazon-finalizes-agreement-to-buy-satellite-firm-globalstar-for-11-6-billion\/","title":{"rendered":"Amazon finalizes agreement to buy satellite firm Globalstar for $11.6 billion"},"content":{"rendered":"<p>Amazon.com Inc. has finalized a definitive agreement to acquire satellite operator Globalstar Inc. for approximately $11.6 billion, a strategic maneuver intended to bolster its proprietary satellite infrastructure.<\/p>\n<p>Under the terms announced Tuesday, Amazon is offering Globalstar shareholders a choice between $90 in cash per share or 0.32 Amazon shares, with the stock value effectively capped at $90. This valuation represents a significant 117% premium over Globalstar\u2019s trading price in late October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com Inc. has finalized a definitive agreement to acquire satellite operator Globalstar Inc. for approximately $11.6 billion, a strategic maneuver intended to bolster its proprietary satellite infrastructure. Under the terms announced Tuesday, Amazon is offering Globalstar shareholders a choice between $90 in cash per share or 0.32 Amazon shares, with the stock value effectively capped at $90. This valuation represents a significant 117% premium over Globalstar\u2019s trading price in late October.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1002918","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002918","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1002918"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002918\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1002918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1002918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1002918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}