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Wire · operational-macro

US agency approves Amazon Leo's $11.5 billion acquisition of Globalstar

Published

27 October 2026

Topic

operational-macro

◆ Sectors

Telecom & Connectivity

◆ Geography

United States

◆ Source

Read at 1027wbow.com →

◆ Verified

Fusion42 · 27 October 2026 · Fusion42 review

The FCC approved Amazon Leo's $11.5 billion acquisition of Globalstar, enhancing Amazon's position in the satellite communications market to compete with SpaceX's Starlink by combining Globalstar's satellites and spectrum with its own. The acquisition supports Amazon's plans to launch direct-to-device satellite broadband services by the end of 2026 and acquire Apple's 20% stake in Globalstar.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity, and 2 sources have reported it.

◆ ◆ The Wire takeaway

Amazon's satellite business just bought a ready network and spectrum from Globalstar, opening the door for you to offer direct satellite broadband that competes with Starlink. You need to move fast to capture customers who will switch as Amazon rolls out its service this year.

◆ Coverage

2 sources · 27 Oct 2026

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◆ Topics

Telecom & Connectivityfcc-approvalsatellite-broadbandamazon-leoglobalstarm-adirect-to-device