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Leo constellation
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- 1US agency approves Amazon Leo's $11.5B Globalstar acquisition▼US agency approves Amazon Leo’s $11.5B acquisition of Globalstar
A US regulatory agency has approved Amazon Leo's $11.5 billion acquisition of satellite operator Globalstar, according to Reuters. The deal significantly expands Amazon's satellite communications ambitions, bringing Globalstar's spectrum and satellite assets under the company behind the Leo broadband constellation. Tech and telecom observers are debating what the consolidation means for rivals like SpaceX's Starlink.