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 ...

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

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

(Reuters) - Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, ...

Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support ...

The funding will go to company partner Globalstar, which plans on building a new satellite constellation to power Apple ...

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.

The satellite company will deliver expanded services to Apple over a new mobile services network, the company said Friday.