October 27, 2026StocksTechnologyPolitics·Bullish·regulatory
FCC approves Amazon Leo's acquisition of Globalstar, citing direct-to-device competition
The US Federal Communications Commission approved Amazon Leo's acquisition of Globalstar, saying the deal will expand direct-to-device competition, strengthen emergency communications and improve service in unserved and underserved areas. Chair Brendan Carr welcomed the approval, clearing the way for Amazon's satellite venture to take over the satellite communications company.
Detected & updated continuously · Source: Nebula
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