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Iridium, Qualcomm end satellite-to-phone partnership - TL;DR CNBC

Iridium, Qualcomm end satellite-to-phone partnership

Publishing timestamp: 2023-11-09 17:33:10


Summary

Qualcomm has ended its partnership with Iridium to provide satellite-to-phone services. The move comes as smartphone makers have not included the necessary technology in their devices. This decision allows Iridium to explore other satellite-to-cell projects.


Sentiment: NEUTRAL

Tickers: TMUS,  ASTS,  QCOM,  T,  IRDM,  AAPL, 

Keywords: qualcomm inc,  united states,  t-mobile us inc,  apple inc,  iridium communications inc,  business,  breaking news: business,  space industry,  ast spacemobile inc,  breaking news: technology,  business news,  aerospace and defense industry,  transportation,  at&t inc,  technology,  the edge, 

Source: https://www.cnbc.com/2023/11/09/iridium-announces-end-of-qualcomm-satellite-to-phone-partnership.html


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