https://www.live-feeds.com/feed/us-agency-approves-amazon-leo-s-11-5-billion-acquisition-of-globalstarContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-agency-approves-amazon-leo-s-11-5-billion-acquisition-of-globalstarhttps://www.live-feeds.com/feed/us-agency-approves-amazon-leo-s-11-5-billion-acquisition-of-globalstar#u172231Tue, 03 Nov 2026 12:56:31 +0000The Federal Communications Commission approved Amazon Leo’s $11.5 billion acquisition of mobile-satellite operator Globalstar. The regulatory clearance gives Amazon critical spectrum rights and Globalstar's existing constellation to build a communications network that challenges Elon Musk's SpaceX Starlink unit. Amazon Leo aims to deploy thousands of satellites for its direct-to-device plan and commercial services by late 2026, while an agreement preserves safety services for Apple. The transaction drew market reactions, including a slip in ASTS stock overnight.Why it mattersThe Fede