Amazon announced plans to buy the satellite company Globalstar for $11.57 billion. This deal will help Amazon compete with Elon Musk's Starlink, which currently dominates the satellite internet market. Amazon wants to launch thousands of satellites into low orbit by 2029. The company must deploy about half of them by July 2026 due to a regulatory requirement. Amazon currently operates over 200 satellites and plans to offer satellite internet services later this year.
Globalstar, based in Louisiana, operates about two dozen satellites and provides services for Apple's Emergency SOS feature on iPhones. Apple has invested $1.5 billion in Globalstar. Under the agreement, Globalstar will expand its network to 54 satellites. Amazon and Apple will continue working together to provide satellite safety features for Apple devices. The deal requires regulatory approval and is expected to close next year.
Sources: theguardian.com
The words in bold are from the article.
| 1. acquire | a. official |
| 2. compete | b. rival |
| 3. dominates | c. grow |
| 4. deploy | d. leads |
| 5. regulatory | e. anticipated |
| 6. operates | f. runs |
| 7. expand | g. permission |
| 8. approval | h. launch |
| 9. expand | i. enlarge |
| 10. expected | j. purchase |
1.j 2.b 3.d 4.h 5.a 6.f 7.c 8.g 9.i 10.e