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FCC Approves Amazon Leo’s $11.5B Globalstar Acquisition

By Drooid · · How we work

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  • In 1999 the Federal Communications Commission auctioned 20 MHz of L-band spectrum for satellite services, a landmark that enabled the first commercial LEO constellations. The auction generated $1.5 billion in revenue, with industry players such as Motorola, Iridium and the United States Department of Defense securing key blocks. Today the FCC’s approval of Amazon’s $11.5 billion purchase of Globalstar mirrors that 1999 precedent, transferring 25 MHz of L-band and S-band spectrum to a major tech firm. The deal consolidates satellite capacity under Amazon Leo, positioning the United States to dominate future global communications and emergency-service networks.
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