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US Federal Communications Commission Greenlights Amazon's Leo to Secure Portion of Globalstar's Satellite Spectrum in $11.5 Billion Deal
6 hour ago /
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Author：小编
On October 27 (local time), the US Federal Communications Commission gave the nod to Amazon's Leo, allowing it to purchase roughly 25 megahertz of mobile satellite service spectrum from Globalstar at a price tag of $11.5 billion, thereby concluding the regulatory scrutiny process. With this approval in hand, Amazon is now cleared to leverage Globalstar's C-3 system to construct and deploy satellites once the transaction is finalized.
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