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Globalstar (NYSE:GSAT) stock surged Friday after it disclosed expanding its strategic partnership with Apple Inc (NASDAQ:AAPL) in a newly updated $1.1 billion services agreement. Under this extended deal, Globalstar will provide Apple with enhanced satellite services, covering the development, launch and operation of a new mobile satellite services (MSS) network. This agreement builds on the existing service terms. Also Read: FuboTV Q3 Earnings: Subscribers Grow 9% To 1.61 Million, Narrows EPS Loss, Raises Annual Outlook The revised agreements enable Globalstar to deliver these services throug…

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