FinanceReutersabout 2 hours ago
FCC Approves Amazon Globalstar Deal
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The US FCC approved Amazon Leo's $11.5 billion acquisition of Globalstar on October 27. This grants Amazon access to 24 satellites and mobile spectrum, plus an agreement with Apple. The regulator also cleared plans for a next-gen platform supporting over 5,105 satellites by 2028, intensifying competition against SpaceX Starlink.
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