Apple to Bolster iPhone Satellite Services With $1 Billion Investment
Apple will spend up to $1.1 billion to expand satellite connectivity on iPhones. The news comes from Globalstar, a satellite communications provider that powers the Emergency SOS feature on newer iPhone models.
Apple Will Invest $1.5B in Globalstar to Expand Satellite Services
The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.
Apple to invest up to $1.5 bln in Globalstar for satellite coverage expansion
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.
Apple Wants More Satellites and Ground Stations for iPhone Satellite SOS
Globalstar has announced an expansion of its deal with Apple that will help the iPhones satellite services keep up with demand, and possibly to expand the service to more countries and regions. Globalstar is a connectivity provider for the iPhones life-saving satellite services.
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.
Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.
Apple Expands Globalstar Relationship to Support Growing Satellite Services
Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support Apple features
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