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Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile’s shares closed up more than 68% after announcing a revenue-sharing deal with AT&T, which plans to use its proposed direct-to-device satellites to keep smartphones connected in cellular dead zones.

Published by SpaceNews on 05/16/2024

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