Apple has committed $1.1 billion to expand satellite provider Globalstar’s infrastructure, including a $400 million equity deal that gives Apple a 20% stake in Globalstar. This investment will enhance Globalstar’s ability to support Apple’s Emergency SOS via satellite service.
Initially launched with the iPhone 14 in 2022, this service offers two-way satellite messaging when outside cellular coverage and now includes an additional free year of service, extending support for early iPhone 14 users until November 2025. It’s unclear if Apple will charge for satellite messaging after the free period ends.
Read more – https://www.gsmarena.com/apple_invests_11b_in_satellite_messaging_provider_globalstar-news-65174.php
