FCC approves Amazon Leo's $11.5B Globalstar acquisition
The October 27th decision clears FCC review, but the deal still has closing conditions; Amazon plans to begin deploying its own direct-to-device satellites in 2028.
By Ryan Merket · Published · Updated
Primary source: x.com
Why it matters
The FCC cleared a regulatory step in Amazon's $11.5B proposed acquisition of Globalstar's spectrum and satellite infrastructure. The deal would bring an existing operator and its licenses into Amazon's connectivity business as Amazon develops its own direct-to-device system.
The Federal Communications Commission approved Amazon Leo's acquisition of Globalstar on October 27th, clearing an FCC review of Amazon's plan to add satellite-to-phone connectivity to its low-Earth-orbit network. The FCC said its Space Bureau approved Amazon Leo's application to acquire about 25 megahertz of Globalstar's mobile-satellite spectrum as part of a transaction it valued at $11.5 billion. The FCC's order and release document the decision.
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