financetom
Business
financetom
/
Business
/
Globalstar, Conekt.ai Collaborating to Provide Multi-Network Connectivity
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Globalstar, Conekt.ai Collaborating to Provide Multi-Network Connectivity
Oct 3, 2025 7:20 AM

09:55 AM EDT, 10/03/2025 (MT Newswires) -- Globalstar ( GSAT ) said Friday it has entered into a collaboration with Conekt.ai to provide better multi-network connectivity for enterprise customers.

Under the collaboration, the company said it will use Conekt.ai's orchestration platform to provide seamless connectivity across licensed spectrum, satellite, and public networks.

Globalstar ( GSAT ) said the collaboration expands its go-to-market reach and allows customers to deploy and manage advanced IoT applications across private and public networks.

Financial terms of the deal were not disclosed.

Price: 40.69, Change: +0.42, Percent Change: +1.04

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU to canvass leaders at summit on resolving US tariff conflict
EU to canvass leaders at summit on resolving US tariff conflict
Jun 25, 2025
BRUSSELS (Reuters) -European Union leaders are to tell the European Commission on Thursday if they want a quick trade deal with the United States at the cost of Washington getting better terms, or to escalate the fight in hope of something better. A quick deal seems to be the preferred option for most, officials and diplomats said, as the EU...
Japan hits M&A record of $232 billion, driving Asia deals rebound
Japan hits M&A record of $232 billion, driving Asia deals rebound
Jun 25, 2025
* Japan M&A deals in first half more than triple in value year-on-year * M&A surge driven by management reforms, shareholder activism and low rates * Japan is relatively more insulated from global woes, bankers say * Asia M&A more than doubled to $650 billion in strong rebound By Anton Bridge, Miho Uranaka and Kane Wu TOKYO/HONG KONG, June 26...
Brookfield to sell Australian senior housing platform Aveo for $2.5 billion
Brookfield to sell Australian senior housing platform Aveo for $2.5 billion
Jun 25, 2025
June 26 (Reuters) - Brookfield Asset Management ( BAM ) will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said on Thursday. Aveo owns a portfolio of more than 10,000 units located across Queensland, Victoria, New South Wales and Tasmania. Since acquiring Aveo in 2019, Brookfield simplified the platform's...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved