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Apple to invest up to $1.5 billion more in Globalstar for satellite coverage expansion
- Apple is set to invest up to $1.5 billion in Globalstar to expand satellite coverage.
- The investment includes $1.1 billion in cash and a $400 million equity purchase.
- Globalstar will allocate 85% of its network capacity to Apple.
- The deal aims to enhance Apple's satellite-based emergency messaging and connectivity features.
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