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Stock impact report

Amazon Vs. Starlink: The $9 Billion Globalstar Deal That Could Change Everything [Seeking Alpha]

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: Seeking Alpha
AMZN seeks GSAT's L- and S-band spectrum to leapfrog Starlink in direct-to-device satellite connectivity and bolster Project Leo's competitive positioning. Apple holds a 20% stake and controls 85% of GSAT's network capacity, creating a major potential veto risk for any acquisition. GSAT's valuation is stretched on deal speculation; if the acquisition fails, shares likely revert to pre-rumor levels, limiting further upside. imaginima/E+ via Getty Images Introduction Globalstar ( GSAT ), a satellite communication company, had rallied on April 1st after the market by about 15% on the news from the Financial Times that Amazon ( AMZN ) might be weighing This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business r Show less Read more
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