AT&T, AST SpaceMobile Enter Definitive Commercial Agreement To Provide Their First Space-based Broadband Network Direct To Everyday Cell Phones
Portfolio Pulse from Benzinga Newsdesk
AT&T and AST SpaceMobile have entered a definitive commercial agreement to provide the first space-based broadband network directly to everyday cell phones. AST SpaceMobile plans to launch its first commercial satellites this summer.
May 15, 2024 | 8:13 pm
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AST SpaceMobile has signed a commercial agreement with AT&T to provide a space-based broadband network. The company plans to launch its first commercial satellites this summer.
The agreement with AT&T and the upcoming satellite launch are crucial milestones for AST SpaceMobile. This can significantly boost the company's market position and investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
AT&T has entered a commercial agreement with AST SpaceMobile to provide a space-based broadband network directly to cell phones. This partnership aims to enhance connectivity.
The partnership with AST SpaceMobile is a significant step for AT&T in enhancing its connectivity offerings. The launch of space-based broadband can potentially attract more customers and improve service quality.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80