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Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity
Investor's Business Daily54d agoneutral
Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity

Amazon is eyeing a major expansion of its satellite array to compete in the direct-to-phone market against the SpaceX-owned Starlink and others. Amazon stock ticked higher Monday. The Seattle-based tech giant has filed an application with the Federal Communications Commission to launch 5,105 low Earth orbit satellites designed to deliver "direct-to-device" connectivity in 2028, according to a company blog post.

Investing.com54d agoneutral
Amazon Leo seeks FCC approval to provide mobile services from space

Investing.com -- Amazon.com Inc. has asked the US Federal Communications Commission for permission to launch a network of 5,000 satellites designed to provide mobile services directly to cell phones from space. The move intensifies competition with SpaceX in the satellite communications sector.

Amazon.com Q1 Earnings Call Highlights
MarketBeat142d agoneutral
Amazon.com Q1 Earnings Call Highlights

Amazon.com (NASDAQ:AMZN) executives highlighted accelerating growth in AWS, record operating margins, and continued heavy investment in AI infrastructure and satellites during the company’s first-quarter 2026 earnings call on April 29. Quarterly results and profitability CEO Andy Jassy said Amazon