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The FCC approves Amazon Leo’s $11.5 billion Globalstar acquisition.
The deal was announced in April and is expected to close in 2027. It gives Amazon Globalstar’s constellation of 25 satellites and its spectrum — a welcome boost given its stalled launch timeline — and means Leo will now power the satellite services for Apple’s supported iPhones and Apple Watches.
FCC Approves Amazon Leo’s Acquisition of Globalstar
[The Federal Communications Commission]
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