T - AST SpaceMobile Stock Is Soaring Thursday: What's Going On? | Benzinga
Shares of space-based cellular broadband company AST SpaceMobile Inc (NASDAQ:ASTS) are moving higher Thursday after the company and AT&T Inc (NYSE:T) announced a definitive commercial agreement.
What To Know: AST SpaceMobile has entered into a definitive commercial agreement with AT&T to provide a space-based broadband network direct to everyday cell phones. The two companies were previously working together under a Memorandum of Understanding. The new agreement extends the collaboration until 2030.
"This is not just one small step, but one giant leap towards enhanced connectivity ...