US clears $11.5B Amazon-Globalstar deal

T2Covered by 1 source · first reported by Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live at 28 Oct, 12:26 UTC

The US Federal Communications Commission approved Amazon's $11.5 billion acquisition of satellite service provider Globalstar, removing a key regulatory hurdle in the company’s push to expand its Leo business into direct-to-device services. The post US clears $11.5B Amazon-Globalstar deal appeared…

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Sources

• T2US clears $11.5B Amazon-Globalstar dealLight Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live28 Oct, 12:26