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. The request follows Amazon's announcement earlier this year of plans to acquire satellite company Globalstar Inc. for $11.6 billion. Amazon Leo has an agreement with Apple Inc. to provide satellite services for iPhones and Apple Watches. Related articlesAmazon Leo seeks FCC approval to provide mobile services from spaceNvidia slips 4% as blockbuster AI spending spree triggers balance sheet jittersVolkswagen and Gotion reportedly in talks over stake in Spain battery plant