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.
The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.
Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.
Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support ...
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite ...
The Verge on MSN3d
Apple is buying 20 percent of its iPhone satellite services partnerApple is taking a 20 percent stake in its iPhone satellite connectivity partner Globalstar — a stake worth $400 million — as ...
Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to ...
Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services ...
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 ...
Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, ...
The next evolution of Globalstar’s partnership with Apple (AAPL) comes with significantly upsized services, infrastructure, and financial commitments, the firm notes. Through the updated agreements, ...
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