# Amazon plans to acquire Apple’s 20% stake in Globalstar

_Wednesday, May 27, 2026 at 8:01 PM EDT · tech, business · Latest · Tier 2 — Notable_

Amazon has filed with the FCC to take over Apple’s 20% stake in Globalstar as part of its planned acquisition of the satellite company.

The filing states that a newly created subsidiary will acquire Apple’s equity and voting interests in Globalstar Licensee LLC immediately after the second step of the transaction.

Amazon says the deal will support development of a next-generation global direct-to-device network for smartphones and other mobile devices.

The company reaffirms that Globalstar’s existing satellite service for iPhone users will continue without disruption.

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Canonical: https://techandbusiness.org/newswire/editor-8696114
Retrieved: 2026-05-28T02:56:16.692Z
Publisher: Tech & Business (techandbusiness.org)
