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.

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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 ...

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 ...

Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to ...

Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone ...

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 ...

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Satellite services are only available on the iPhone 14 and later models. This week, Apple made its intentions clear: it plans ...