Amid Strong, Positive Catalysts and the Endorsement of Goldman Sachs, Amazon Stock Looks Very Attractive Amazon's recent acquisition of Globalstar and its plans to offer satellite based internet services have sent shockwaves through the tech industry.
The company's move appears to be a shrewd bet on the future of connectivity. However, as we examine the implications of this decision more closely, some concerns arise.
The notion that satellite based internet will revolutionize how we connect with the world is not new; it has been touted for years as a solution to the growing demand for high speed internet.