Wire · operational-macro
ASTS Stock Slips Overnight As FCC Clears Amazon's $11.5B Globalstar Deal
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 28 October 2026 · Fusion42 review
The FCC approved Amazon’s $11.5 billion acquisition of Globalstar, including 25 megahertz of mobile-satellite spectrum critical to Amazon's satellite-to-phone plans. This deal enables Amazon to expand direct-to-device satellite services, increasing competition with AST SpaceMobile and others.
This Wire brief sits within Fusion42's coverage of Telecom & Connectivity, and 3 sources have reported it between 27 Oct 2026 and 28 Oct 2026.
◆ ◆ The Wire takeaway
Your satellite-to-phone business faces a new rival with Amazon’s spectrum boost through Globalstar. Expect stronger competition and consider how to partner or differentiate before Amazon deploys its system.
◆ Coverage
3 sources · first reported 27 Oct 2026 · latest 28 Oct 2026
◆ Related on Wire
◆ Topics