McClune, Chief Analyst for Technology at GlobalData, stated that this is likely the largest and most impactful consumer OEM low-Earth-orbit (LEO) deal to date. The agreement positions Apple as the ...

Apple plans to invest $1,1-billion in satellite communications company Globalstar alongside a further $400-million for a 20% equity stake in the business. Emma Mohr-McClune, chief analyst: technology ...

"In addition to continuing to allocate 85 per cent of its network capacity to Apple, Globalstar will use the $1.1 billion in preservice payments to deliver a new satellite service constellation, ...

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...

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 ...

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 ...

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

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

If you had any idea that satellite connectivity isn’t a key part of Apple’s strategy, well, the company’s satellite partner Globalstar has disclosed changes to its deal with Apple, including a new ...