Amazon Leo’s proposed $11.5 billion Globalstar acquisition reportedly clears FCC review

The FCC approved Amazon Leo’s proposed $11.5 billion acquisition of Globalstar, Engadget reports. According to Engadget, Amazon described the deal as a way to expand Leo’s satellite network and enable direct-to-device service. Globalstar provides Apple’s emergency satellite connectivity, and Leo is set to power satellite services for supported iPhone and Apple Watch models under the deal. The approval does not establish that the acquisition has closed.