Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
CNBC·2025-10-08 11:54

Core Viewpoint - AST SpaceMobile has announced a partnership with Verizon to provide cell service from space starting next year, marking an expansion of their previous collaboration [1] Group 1: Company Developments - The deal will enable direct-to-service connectivity for Verizon cell phone users [1] - AST shares experienced a surge of over 8% in pre-market trading following the announcement [1] - Verizon shares saw a modest increase of 0.8% in the same trading session [1]