AST SpaceMobile Confirms 4G Capabilities To Everyday Smartphones Directly From Space
Portfolio Pulse from Happy Mohamed
AST SpaceMobile (NASDAQ:ASTS) announced successful testing of its BlueWalker 3 satellite, achieving 4G download speeds above 10 Mbps using unmodified smartphones. The tests were conducted in Hawaii using AT&T spectrum and Nokia RAN technology. AST SpaceMobile aims to bring broadband services to areas with unreliable or no cellular coverage.
June 21, 2023 | 12:11 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nokia's RAN technology was used in AST SpaceMobile's successful testing of its BlueWalker 3 satellite, achieving 4G download speeds above 10 Mbps using unmodified smartphones.
Nokia's RAN technology played a role in the successful testing of AST SpaceMobile's BlueWalker 3 satellite, but the direct impact on Nokia's stock price is likely to be neutral in the short term. However, the partnership could potentially benefit Nokia in the long run by expanding its presence in the space-based cellular broadband market.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 60
NEUTRAL IMPACT
AT&T's spectrum was used in AST SpaceMobile's successful testing of its BlueWalker 3 satellite, achieving 4G download speeds above 10 Mbps using unmodified smartphones.
While AT&T's spectrum was used in the successful testing of AST SpaceMobile's BlueWalker 3 satellite, the direct impact on AT&T's stock price is likely to be neutral in the short term. However, the partnership could potentially benefit AT&T in the long run by expanding its coverage.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 60
POSITIVE IMPACT
AST SpaceMobile successfully tested its BlueWalker 3 satellite, achieving 4G download speeds above 10 Mbps using unmodified smartphones. This milestone brings the company closer to providing broadband services in areas with limited coverage.
AST SpaceMobile's successful testing of its BlueWalker 3 satellite demonstrates the company's progress in providing space-based cellular broadband services. This achievement is likely to have a positive impact on the company's stock price in the short term as it moves closer to commercialization.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100