AT&T and Verizon Invest in AST SpaceMobile's Satellite Broadband Network
AT&T (T) and Verizon (VZ), along with nearly 60 global mobile network operators, have committed over $1.2 billion to support AST SpaceMobile’s satellite broadband initiative aimed at providing cellular connectivity directly to smartphones via low Earth orbit satellites.
Tickers: $ASTS $BCE $T $VOD $VZ
Topics: AST SpaceMobile AT&T investment satellite broadband telecom partnerships Verizon investment