AST SpaceMobile Stock Surges After Major U.S. Telecom Providers Announce Joint Venture
AST SpaceMobile (NASDAQ: ASTS) saw its stock rise over 10% after AT&T, Verizon, and T-Mobile announced a joint venture to expand coverage using satellite technology similar to that of AST SpaceMobile. The company's CEO expressed optimism about being a key enabler in the project.
Topics: AST SpaceMobile satellite technology telecom joint venture