Amazon reaches for the stars – but Apple's blocking minority could make the Globalstar deal into a waiting game!
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I have been closely following Amazon's ambitions in the satellite business for quite some time, and I do so with great interest. The reason for this is my personal belief that the future, simplified, will be cosmic, electric, and, among other things, powered by nuclear energy. In this context, Amazon's acquisition negotiations with Globalstar seem to me a logical and strategically convincing move. With a market capitalization of around 8.8 billion USD, the deal is hardly a financial issue for Amazon, but strategically, it's truly a game-changer...
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