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 iPhones.
Apple partnered with Globalstar in 2022 to provide emergency messaging capabilities to iPhone 14 users when they are outside of traditional cellular or Wi-Fi range. The ...
Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services agreement with Apple Inc. (NASDAQ: AAPL), which includes plans to build and ...
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 ...
To sustain momentum, T-Mobile US has initiated an IT upgrade tol drive personalized and actionable CX based on usage history and local community trends.
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 ...