$AAPL@David-Lyons good question! Because it's extremely expensive. Companies that tried to offer satellite telephone or internet WW even without competition went bankrupt - see $IRDM Iridium Communications Inc. And now there are three other big players trying to do the same thing. But one step could help Apple - if it decides to rent satellite capacity from $AMZN, SpaceX or OneWeb thus decreasing potential capacity on the market #bearish
Iridium Communications Inc stock price chart
About Iridium Communications Inc
Iridium Communications Inc. offers mobile satellite communications services. The Company operates satellites in a low-earth orbit and provides global coverage. Iridium Holdings offers voice and data communications services to the United States and foreign governments, businesses, non-governmental organizations, and consumers.