AST SpaceMobile has reached a cooperation with Verizon and plans to launch satellite communication services in 2026

Zhitong
2025.10.09 01:23
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American satellite communication company AST SpaceMobile has reached a partnership with Verizon to provide satellite-based cellular network and broadband services for Verizon customers in 2026. AST SpaceMobile's stock price rose 8.63% on Wednesday, closing at $81.20. This collaboration will enhance Verizon's network coverage capabilities in rural areas and signal dead zones in the United States, based on the strategic partnership established by both parties in 2024. Financial terms were not disclosed