Globalstar Inc (GSAT)

[JPRMarketing]

NY POST

There is a belief Google is concerned Apple will buy the spectrum and create a private network that does not highlight Google products, a source said.

“This spectrum will increase Wi-Fi capacity worldwide by 30 percent,” Maglan Capital President David Tawil, who is long the stock, told The Post, adding that he believes there is tremendous upside.


http://nypost.com/2016/05/13/satellite-firm-globalstars-shares-soar-after-fcc-backs-wi-fi-plans/