US agency approves Amazon Leo’s $11.5 billion acquisition of Globalstar

Key Points:

• Amazon Leo has launched nearly 400 satellites since April 2025 and plans to deploy thousands more in low Earth orbit by 2029, aiming to offer commercial satellite services by the end of 2026.
• The acquisition of Globalstar's two dozen satellites and mobile-satellite spectrum will enhance Amazon Leo's entry into the direct-to-device market, enabling both fixed and mobile satellite services.
• The FCC supports Amazon Leo's efforts to increase competition in satellite broadband, highlighting the potential to improve connectivity across the United States.
• Amazon plans to acquire Apple's 20% stake in Globalstar, with Apple having invested $1.5 billion in 2024 to expand its iPhone communication services via Globalstar's network.
• The FCC is also preparing to advance a new auction of wireless spectrum to support direct-to-device satellite services, reflecting growing tech industry investment in satellite-based connectivity.