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Stock impact report

SpaceX Launches First Satellites to Connect T-Mobile's Customers [CNET News]

Globalstar, Inc. (GSAT) 
Last globalstar, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: globalstar.com/investors
Company Research Source: CNET News
SpaceX has launched the first satellites with the capability to connect to smartphones on the ground, which will help expand coverage for T-Mobile customers. Contrast that against Apple's existing Emergency SOS via Satellite service that uses Globalstar ground relay stations as a relay between iPhones and satellites. T-Mobile announced its partnership with SpaceX in August 2022. The agreement lets T-Mobile use the tech company's satellites to connect customers venturing outside the carrier's cellular network, which reached 300 million Americans as of last October . The remaining areas not covered by T-Mobile's network are difficult for network towers to reach, either because of geography or land-use restrictions, according to T-Mobile's press release SpaceX launched its new set of phone-connecting satellites Wednesday morning and said testing them with T-Mobile's network will "soon begin." This is later than expected, as a SpaceX executive said last March that the company planned Show less Read more
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