AST SpaceMobile Rockets Higher on Verizon's $100 Million Stake
AST SpaceMobile(ASTS) MarketBeat·2024-06-04 19:20
Key PointsAST SpaceMobile is building the world’s first and only space-based satellite cellular broadband network with deals like AT&T to provide SpaceMobile services, enabling 100% end-to-end cellular coverage of the United States.AST signed a deal with Verizon for a $100 million commitment to provide 100% coverage for the continental United States on 850 MHZ spectrum.AST SpaceMobile will commence commercial operations on the launch of its initial Bluebird satellites in July or August, pending FCC approval ...