FCC clears Amazon Leo to acquire mobile-satellite operator Globalstar | HappeningNow.news

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FCC clears Amazon Leo to acquire mobile-satellite operator Globalstar

Amazon Leo's $11.5 billion acquisition of mobile-satellite operator Globalstar has been approved by the US Federal Communications Commission (FCC), the regulator announced .

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The U.S. Federal Communications Commission has approved Amazon Leo’s $11.5 billion purchase of mobile‑satellite operator Globalstar. The acquisition is intended to broaden Leo’s space‑based footprint and enable direct‑to‑device service across its growing satellite network, leveraging complementary assets to offer fixed and mobile services to residential, business and government customers. The FCC said the deal should benefit the public by improving data coverage in underserved areas.

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