Satellite operator AST soared over 45% and cooperated with AT&T to provide satellite communication services

stock analyst • • US stock market

Gelonghui, May 16 | Satellite operator AST SpaceMobile (ASTS.US) soared over 45% to US$3.47

Gelonghui, May 16 | Satellite operator AST SpaceMobile (ASTS.US) surged over 45% to US$3.47.
According to the news, AT&T has cooperated with AST SpaceMobile to provide satellite communication services to its mobile phone users. It will compete with SpaceX and T-Mobile US.
The cooperation arrangement is expected to start within three months and last until 2030. For the time being, it only covers the United States and Japan.

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