EQUIPEngadget · 2h ago
FCC clears Amazon Leo to acquire mobile-satellite operator Globalstar
Executive Brief
The 30-second read
The FCC has approved Amazon Leo's $11.5 billion acquisition of mobile-satellite operator Globalstar. This regulatory clearance allows Amazon to integrate Globalstar's satellite network into its existing aerospace and connectivity portfolio.
- 01FCC grants formal approval for Amazon Leo to acquire Globalstar
- 02Total transaction value for the mobile-satellite operator is $11.5 billion
- 03Acquisition strengthens Amazon's position in the global satellite communications market
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Business Travel Management 2026: Program Blueprint →AI-generated summary · Verify at source
Amazon Leo's $11.5 billion acquisition of mobile-satellite operator Globalstar has been approved by the FCC.