The FCC has kicked off its review process for Amazon<\/b>\u2019s acquisition of Globalstar<\/b>, seeking comment on the deal by July 6. <\/p>\n
Amazon moved in April to acquire Globalstar in a $10.8 billion deal, including Globalstar\u2019s satellite operations, infrastructure, and spectrum. <\/p>\n
According to Amazon\u2019s formal application to the FCC for the license transfer, Globalstar will become a wholly owned subsidiary of Amazon and retain its corporate identity and operate as an affiliate to Kuiper Systems LLC, the Amazon LLC now known as Amazon Leo. <\/p>\n
Also as part of the transaction, the Amazon-owned subsidiary will acquire Apple\u2019s 20% stake in a Globalstar LLC, which was part of Apple\u2019s investment in a next-generation Globalstar constellation. <\/p>\n
Amazon also detailed continuity for Globalstar\u2019s existing customers, saying the transaction will \u201creposition a capital-constrained MSS incumbent as a well-resourced provider and vigorous competitor,\u201d due to Amazon\u2019s capital, infrastructure, and operational capabilities. <\/p>\n
Amazon plans to build its own constellation of direct-to-device satellites and said it will orchestrate its new constellation, Globalstar\u2019s existing systems, and the next-generation C-3 Globalstar constellation. Amazon also expects to provide iPhone users with more features and greater reliability. <\/p>\n
Amazon explained the transaction is in the public interest because it will intensify competition and bolster innovation. \u201cD2D customers stand to benefit from lower latency, enhanced capacity, expanded access, and a suite of expanded capabilities,\u201d Amazon said in the filing. <\/p>\n","protected":false},"excerpt":{"rendered":"
The FCC has kicked off its review process for Amazon\u2019s acquisition of Globalstar, seeking comment on the deal by July 6. Amazon moved in April to acquire Globalstar in a $10.8 billion deal, including Globalstar\u2019s satellite operations, infrastructure, and spectrum. According to Amazon\u2019s formal application to the FCC for the license transfer, Globalstar will become […]<\/p>\n","protected":false},"author":1,"featured_media":46882,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-46881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/46881"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=46881"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/46881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/46882"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=46881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=46881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=46881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}