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Shares of Globalstar Inc. GSAT, +44.41% are up 49% in Monday morning trading after a report indicated that Apple Inc. AAPL, +2.16% may be looking to add satellite communications to its next iPhone and could work with Globalstar to do so. MacRumors cites a report from analyst Ming-Chi Kuo saying that Apple’s iPhone 13 will offer low-earth orbit (LEO) satellite communications that will let users send messages or make calls even if they don’t have 4G or 5G cellular connections.
...read full article on Market Watch
