Verizon and AST SpaceMobile Ink $100M Deal for Satellite Phone Service
TL;DR
Verizon has signed a $100 million deal with AST SpaceMobile to enhance mobile coverage by connecting AST's satellite network to mobile phones using the 850 MHz band. This partnership aims to provide 100% coverage of the continental U.S. and follows AST's recent agreements with AT&T, Google, and Vodafone. AST SpaceMobile has demonstrated the first 5G connection between an unmodified smartphone and a satellite, promising improved connectivity for voice and video calls in areas lacking terrestrial cell towers.
Topics:businesstechnology#5g#ast-spacemobile#mobile-coverage#satellite-cellular-service#technology#verizon
- Verizon and AST SpaceMobile have a $100 million deal for satellite cellular service The Verge
- AST SpaceMobile stock surges 50% after Verizon partnership for satellite internet to phones CNBC
- Verizon follows AT&T into space Light Reading
- AST SpaceMobile Stock Rockets Higher on Verizon Communications Deal Barron's
- Verizon Partners With AST SpaceMobile to Use Satellites to Boost Coverage and Fix Dead Zones CNET
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