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0.000124867328463394 -6.24336642318744E-05 0.000187300992695268 0.000717987138665048 -0.000187300992695268 -0.000437035649622411 -0.00168570893425742 -0.00193544359118438
Stock impact report

Amazon beats SpaceX to Globalstar as attention turns to spectrum acquisition [Yahoo! Finance]

Globalstar, Inc. (GSAT) 
Last globalstar, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: globalstar.com/investors
Company Research Source: Yahoo! Finance
By buying Globalstar, Amazon is causing jitters at SpaceX's Starlink, which has had a virtually unimpeded free run on the global satellite connectivity market. But connectivity is not what should be the worry for Starlink. For Amazon, Globalstar brings satellite credibility, legitimacy, expertise, D2D credentials, and valuable frequency licences and spectrum, without which it would have had to undergo lengthy processes to gain. Having bypassed the regulatory snarls, Amazon vaults itself into contention for enterprise, government, and IoT customers who demand connectivity where terrestrial networks do not tread. And it is not only Starlink that should be worried. Amazon's move reshapes the satellite game, especially in the enterprise space. Amazon's cloud competitors will be noticing another feather in the cap of Amazon that it can bundle into its ever-expanding ecosystem. Applications in IoT, maritime, logistics, remote agriculture, and virtually all the current use cases that Globa Show less Read more
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