Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, ...
The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.
Globalstar Inc (GSAT) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is ...
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite ...
Apple is taking a 20 percent stake in its iPhone satellite connectivity partner Globalstar — a stake worth $400 million — as ...
Apple is investing further in infrastructure for its satellite messaging features for iPhones, which enables texting without ...
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 ...
Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...
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 ...
The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ...