FCC approves Amazon Leo's $11.5 billion Globalstar acquisition
Briefing by News4U · First published
The FCC approved Amazon Leo's $11.5 billion purchase of Globalstar, giving Amazon 24 satellites and spectrum for direct-to-device satellite services.
ITHome reported that the U.S. Federal Communications Commission approved Amazon Leo's $11.5 billion acquisition of Globalstar on October 27. [1]
The deal gives Amazon about 24 satellites and mobile satellite spectrum, while Amazon has committed over $10 billion to Leo and plans commercial satellite communication services by the end of 2026. [1]
Amazon will continue providing satellite services to Apple iPhone and Apple Watch users after the acquisition, and the FCC will vote on October 29 on a new spectrum auction for direct-to-device services. [1]
Sources
- 美监管机构批准亚马逊以 115 亿美元收购苹果卫星供应商 Globalstar
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