Veytics Intelligence
2026-10-27 · Seekingalpha

FCC approves Amazon Leo's Globalstar acquisition

[Satellite Orbiting Earth Planet Space Communication Technology. 3d rendering] mesh cube The Federal Communications Commission (FCC) approved [https://www.fcc.gov/document/fcc-approves-amazon-leos-acquisition-globalstar]Amazon Leo’s (AMZN [https://seekingalpha.com/symbol/AMZN]) acquisition of Globalstar (GSAT [https://seekingalpha.com/symbol/GSAT]), attributing the approval to the beneficial impact the combined company will have on underserved and unserved areas. “This FCC authorization is a significant step towards supercharging next-generation connectivity,” said FCC Chairman Brendan Carr in a statement.

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