Bezos bets $11.5 billion on taking on Musk! Amazon’s satellite acquisition gets approved, pulling even iPhone satellite communications into the mix!
The U.S. Federal Communications Commission has approved Amazon subsidiary Amazon Leo’s $11.5 billion acquisition of Globalstar, clearing a major regulatory hurdle for expanding its satellite communications network and competing with Musk’s Starlink.
The U.S. Federal Communications Commission has approved Amazon subsidiary Amazon Leo’s $11.5 billion acquisition of Globalstar, clearing a major regulatory hurdle for expanding its satellite communications network and competing with Musk’s Starlink.