Globalstar, Inc.·Communication Services
Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
Communication Services
Telecommunications Services
389
2006-11-02
1.46

Amazon (NASDAQ:AMZN | AMZN Price Prediction) shares are up 5% in Thursday's session, climbing from $221.25 to $232 as of midday.

Tech giant Amazon.com Inc NASDAQ: AMZN has been one of the more frustrating large-cap stocks to own over the past year or so. Shares are currently trading around $220, the same level they were at in late 2024, meaning the stock has effectively gone nowhere during a period where the S&P 500 index has added more than 10%.

Globalstar unveils XCOM RAN, a private 5G platform with Supercell architecture, aiming to power "physical AI" and transform industrial connectivity.

Globalstar's deal-premium debate is still front and center after the stock recently ripped to an 18-year high and traded near the mid-$80s last week, before any confirmed bid.

SAN DIEGO--(BUSINESS WIRE)--XCOM RAN by Globalstar, a pioneer in next generation private 5G technology, today announced the launch of their end-to-end private 5G solution, boosting the adoption of physical AI for automation initiatives across industries. XCOM RAN's unique Supercell architecture, based on O-RAN standards, now includes the XCOM Radio Series with indoor and outdoor options, the XCOM Core (now offered in addition to private 5G cores from our partners), and the XCOM Orchestrator, a.

Apple Inc. delivered record quarterly revenue of $143B, driven by iPhone 17's 23% growth and strong China performance. AAPL's aggressive strategy includes overpaying for RAM to secure supply, aiming to disrupt competitors and expand its low-cost laptop market share. Despite operational strengths, AAPL trades at a >30x forward P/E and a PEG ratio 121% above the sector average, raising valuation concerns.