Globalstar's Band 53 Spectrum Will Be Used To Enable High-Value And Mission-Critical Applications Through Carrier Aggregation With Citizens Broadband Radio Service In The U.S. Through A Collaboration With Global Telecom, The Althea Platform, And Alliance
Portfolio Pulse from Benzinga Newsdesk
Globalstar, Inc. (NYSE:GSAT) is collaborating with Global Telecom, Alliance, and Hawk Networks to use Band 53 spectrum for high-value applications in the U.S. This partnership aims to enhance connectivity through carrier aggregation with the Citizens Broadband Radio Service (CBRS).
October 04, 2024 | 1:26 pm
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Globalstar is collaborating with Global Telecom, Alliance, and Hawk Networks to use Band 53 spectrum for mission-critical applications in the U.S. This partnership enhances connectivity through carrier aggregation with CBRS, potentially boosting Globalstar's service offerings.
The collaboration with Global Telecom and others to use Band 53 spectrum for critical applications in the U.S. is a strategic move for Globalstar. This enhances their service offerings and positions them well in the market, likely leading to a positive short-term impact on their stock price.
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