Apple to Invest Up to USD 1.5 Billion in Satellite Coverage Expansion for Iphones
American devices maker Apple is preparing to increase the communication services of its iPhone. For this, the company will invest about $ 1.5 billion in Globalstar, which provides satellite communication solutions. In this, Apple will give about $ 1.1 billion in cash to Globalstar and will buy about 20 percent stake for about $ 400…