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 ...

Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services ...

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

Apple is investing further in infrastructure for its satellite messaging features for iPhones, which enables texting without ...

Apple is taking a 20 percent stake in its iPhone satellite connectivity partner Globalstar — a stake worth $400 million — as ...

Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, ...

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 ...

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.