Amazon is acquiring Apple's 20% stake in Globalstar as part of its $11.6 billion deal for the satellite communications provider. This move aims to enhance satellite connectivity services and compete with SpaceX in the growing satellite-to-phone market, which seeks to eliminate dead zones in remote areas.

• 01Amazon's acquisition of Globalstar includes taking over Apple's 20% equity and voting interests, which Apple had secured in 2024.
• 02The new subsidiary, Grapefruit Acquisition Sub II, will manage the merger and improve satellite services for mobile devices beyond Apple products.
• 03Amazon plans to enhance Globalstar's network capabilities to provide better coverage, faster connections, and improved signal quality.
• 04The acquisition will support the development of a next-generation direct-to-device satellite constellation alongside Globalstar's existing services.
• 05Amazon's investment aims to compete in the satellite-to-phone market, where rivals like SpaceX's Starlink are already active.

The acquisition is set to improve satellite connectivity for users in remote and rural areas, enhancing safety and communication capabilities.