Apple to expand its satellite services with Globalstar
Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, Globalstar , as part of a much-expanded deal with the latter. The iPhone maker has agreed to put up to $1.1 billion into the satellite company, deepening its ties with the firm.
The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ...
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 ...
Globalstar's alliance with Apple drives 64% stock surge, boosting satellite network and global mobile services.
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Apple is set to invest up to $1.5 billion in American satellite provider Globalstar Inc. to enhance iPhone communication ...
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