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AST SpaceMobile shares surge on $100M Verizon deal

Deal follows a recently announced partnership with AT&T

Bloomberg NewsbyBloomberg News
May 29, 2024
in News, Strategy and Markets
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AST SpaceMobile Inc. shares surged as much as 17% after Verizon Communications Inc. said it will invest $100 million in a partnership with the satellite communications company to provide wireless connectivity from space. AST announced a similar partnership with AT&T Inc. two weeks ago. Now with both deals in hand, the Midland, Texas-based company said […]

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Tags: AST SpaceMobileAT&TPremiumSpaceXT-MobileVerizon
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