Verizon invests $100m in AST SpaceMobile, partnering to provide wireless connectivity from space.
Verizon invests $100m in AST SpaceMobile, partnering with satellite firm to provide wireless connectivity from space. The deal follows a similar partnership with AT&T announced two weeks ago. AST SpaceMobile aims to provide 100% coverage of the continental US from smartphones to its future satellite system, utilizing the radio frequencies allotted to Verizon and AT&T by the Federal Communications Commission.
May 29, 2024
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