- AST SpaceMobile is developing a space-based cellular broadband network or one where people can access 4G or 5G internet directly on their smartphones.
- Despite boasting breakthrough technology, competition is there from other satellite-based providers.
- Here, the company's business proposal has some key differentiators, with the ability to work with partnerships including local mobile network operators.
- There are risks as in the implementation of any new technology and project delays are not to be excluded.
- Given the cash position, reasonable expense levels, and backing of a leading tower company, the company is a buy at current levels.
For further details see:
AST SpaceMobile: Wireless Broadband At Your Finger Tips Anywhere On The Globe