Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone ...
The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.
Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to ...
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite ...
Craig-Hallum raised the firm’s price target on Globalstar (GSAT) to $5 from $4 and keeps a Buy rating on the shares. The next evolution of Globalstar’s partnership with Apple (AAPL) comes with ...
In news that is likely to be relevant to developing world markets where coverage of remote areas remains a problem, iPhone maker Apple has announced that it will invest up to US$1.5 billion in ...
Under the new terms, Apple will prepay up to $1.1 billion to fund network development, including satellite construction and launch costs. Apple will also invest $400 million to acquire a 20% passive ...
Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support ...
Globalstar Inc.与苹果公司(Apple Inc.)签订了扩展服务协议,其中包括开发新的移动卫星服务(MSS)网络。根据向美国证券交易委员会(SEC)提交的8-K文件,该协议概述了新卫星星座和地面基础设施的建设,以及全球MSS许可的扩展。
Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, ...
TAMPA, Fla. — Satellite operator Globalstar stock closed up more than 30% Nov. 1 after disclosing Apple’s plans to inject $1.7 billion for a new constellation to improve space-based communications for ...
Globalstar ( (GSAT) ) has shared an update. Globalstar, Inc. has updated its service agreements with Apple Inc. to expand its ...