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moves money Slashdot October 28, 2026

FCC Approves Amazon Leo's $11.5 Billion Acquisition of Globalstar

FCC Approves Amazon Leo's $11.5 Billion Acquisition of Globalstar
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The FCC has approved (PDF) Amazon Leo's $11.5 billion acquisition of satellite operator Globalstar, giving the Starlink rival additional infrastructure and spectrum to expand into direct-to-device satellite connectivity. Engadget reports: You may not know Globalstar but have possibly used its services, as the company provides Apple's emergency satellite connectivity for compatible iPhones and Watches. Interestingly, Apple also held a 20 percent stake in Globalstar prior to its takeover. As part

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