{"id":1003379,"date":"2026-04-16T11:56:22","date_gmt":"2026-04-16T06:26:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1003379"},"modified":"2026-04-16T12:43:50","modified_gmt":"2026-04-16T07:13:50","slug":"amazon-signs-11-57-billion-deal-for-satellite-firm-globalstar-to-challenge-elon-musks-starlink","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/16\/amazon-signs-11-57-billion-deal-for-satellite-firm-globalstar-to-challenge-elon-musks-starlink\/","title":{"rendered":"Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Elon Musk&#8217;s Starlink"},"content":{"rendered":"<p>Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on Elon Musk-led bigger rival Starlink. <\/p>\n<p>Shares of satellite company Globalstar were up more than 9% in premarket trading, after gaining over 6 per cent in the past two weeks following media reports of the companies&#8217; discussions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on Elon Musk-led bigger rival Starlink. Shares of satellite company Globalstar were up more than 9% in premarket trading, after gaining over 6 per cent in the past two weeks following media reports of the companies&#8217; discussions.<\/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":[4,85,22],"tags":[],"class_list":["post-1003379","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003379","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=1003379"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003379\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1003379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1003379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1003379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}