Starlink’s average revenue per customer fell from $99 to $66 in three years, and the $11.57 billion satellite deal that just handed its only real rival a shortcut nobody in the industry saw coming

Amazon Leo, formerly Project Kuiper, is Amazon’s low Earth orbit satellite network, and it began full-scale deployment of its satellite constellation in April 2025. The $11.57 billion shortcut that redraws the entire competitive mapOn April 14, 2026, Amazon announced a definitive agreement to acquire Globalstar in a transaction valued at approximately $11.57 billion. By acquiring Globalstar, Amazon has effectively shifted from being a “satellite broadband aspirant” to a vertically integrated telecommunications powerhouse. Globalstar satellites, radio frequency spectrum, and operational expertise will enable Amazon Leo to add direct-to-device services to future generations of its low Earth orbit satellite network. Amazon Leo has entered commercial service, with beta partnerships signed with Verizon, AT&T, Vodafone, and NASA, among others.