FCC approves Amazon Leo's $11.57B acquisition of Globalstar
The FCC has approved Amazon's $11.57 billion acquisition of Globalstar, per Reuters. The decision clears a major regulatory hurdle for Amazon's Leo satellite-internet business and gives Globalstar shareholders a path to closing.
Source:
Reuters: https://www.reuters.com/business/media-telecom/us-agency-approves-amazon-leos-115-billion-acquisition-globalstar-2026-10-27/
Not financial advice. For informational and educational purposes only.
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