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.
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.
Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support ...
(Reuters) - Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, ...
The satellite company will deliver expanded services to Apple over a new mobile services network, the company said Friday.
"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, ...
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 has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone ...
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 ...