fromGSMArena.com
1 day agoAmazon to acquire Apple's 20% stake in Globalstar, iPhone's satellite feature won't be affected
Amazon and Globalstar finalized an acquisition deal worth $11 billion. But by purchasing Globalstar, Amazon also had to buy out Apple's 20% stake in the company. Apple and Globalstar signed a $1.1 billion commitment back in 2024, which included a $400 million share purchase.
Apple