Amazon's $11.57 billion Globalstar acquisition targets Starlink's dominance with key spectrum access and plans for direct-to-device satellite connectivity.

Amazon.com Inc. agreed to acquire satellite operator Globalstar Inc. in a roughly $11.6 billion deal that would expand the services of its satellite system.

Amazon will soon add another growth driver that will literally be astronomical.

The company's network of more than 200 satellites is dwarfed by SpaceX, which has about 10,000 units in orbit via Starlink.

Rivalries have existed for as long as history can remember. In today's world, we often associate them with sports -- where players, and by extension, the fans -- trade barbs during tense competition.

Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites ...

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