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 FCC.
The US Federal Communications Commission (FCC) has approved Amazon's acquisition of mobile-satellite operator Globalstar for $11.5 billion, according to a press release. The deal aims to expand Amazon Leo's space-based footprint and enable direct-to-device service for its growing satellite network. The FCC emphasized that the combined assets of the two companies will strengthen Amazon Leo's presence in the direct-to-device market and position the operator to offer fixed and mobile services to residential, business, and government customers.
This acquisition is likely to benefit the public by improving data coverage in underserved areas, as Globalstar provides Apple's emergency satellite connectivity for compatible iPhones and watches. Notably, Apple previously held a 20% stake in Globalstar before the takeover. Amazon Leo, a competitor to SpaceX's Starlink, currently operates 400 satellites in orbit and recently launched high-quality satellite internet service in Uzbekistan.
The company is also collaborating with Delta to provide satellite internet to flights in the future. Amazon has ordered six additional Arianespace launches and plans to deploy over 3,000 low-earth orbit satellites in the near future, falling short of SpaceX's ambitious goal of launching 11,000 satellites.
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