Key facts
- FCC approved Amazon Leo's $11.57 billion deal to acquire Globalstar.
- Amazon Leo aims to deploy about 3,200 satellites by 2029.
- Globalstar's spectrum and assets will be used to expand capacity and introduce direct-to-device capabilities.
The Federal Communications Commission has approved Amazon Leo's $11.57 billion deal to acquire Globalstar, a move that will integrate Globalstar's mobile-satellite service spectrum and existing infrastructure into Amazon's growing satellite network. Amazon Leo, formerly Project Kuiper, aims to deploy approximately 3,200 satellites by 2029 to offer high-speed, low-latency broadband internet and direct-to-device services in unserved or underserved areas. The acquisition is expected to enhance data coverage, strengthen emergency communications, and foster competition in the satellite broadband market.