Apple to invest up to $1.5 bln in Globalstar for satellite coverage expansion

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Mohamad Muiz Izwan Mohd Nour Azlan
03 Nov 2024
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Apple to invest up to $1.5 bln in Globalstar for satellite coverage expansion

Nov 1 (Reuters) - 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.

By Reuters

Source: https://www.reuters.com/technology/apple-invest-up-15-bln-globalstar-satellite-coverage-expansion-2024-11-01/