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Verizon Partners with AST SpaceMobile to Expand Satellite Phone Service

1 min read
Source: PCMag
Verizon Partners with AST SpaceMobile to Expand Satellite Phone Service
Photo: PCMag
TL;DR

Verizon has signed a commercial agreement with AST SpaceMobile to provide satellite-to-phone connectivity, aiming to enhance coverage in dead zones using orbiting satellites, competing with SpaceX's Starlink service. The deal involves a $100 million commitment and access to radio spectrum, with plans to deploy 45-60 satellites by the end of 2024, though launch delays pose challenges.

Topics:businesstechnology#ast-spacemobile#cellular-connectivity#satellite-phone-service#space-satellites#technology#verizon
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  1. Forget Starlink, Verizon Is All In on AST SpaceMobile for Satellite Phone Service  PCMag
  2. Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge  CNBC
  3. AST SpaceMobile Stock (Ticker: ASTS): How Verizon Sent Shares Soaring  Barron's
  4. AST SpaceMobile gains Verizon ally amid SpaceX’s direct-to-device push  SpaceNews
  5. AST SpaceMobile Is Popping on a Verizon Deal. Options Data Tells Us ASTS Stock Could Be Headed Here Next.  Yahoo Finance

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