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Space-based broadband company AST SpaceMobile Inc.'s deal with Verizon Inc. is further evidence of its strength in the emerging satellite cellular broadband market, according to UBS.
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Why is AST SpaceMobile stock up 20% on Wednesday?

09:58am, Wednesday, 29'th May 2024
AST SpaceMobile Inc (NASDAQ: ASTS) is up some 20% on Wednesday after announcing to have teamed up with Verizon Communications Inc (NYSE: VZ).

Verizon: Still Looks Undervalued, Yielding 6.69%

09:00am, Wednesday, 29'th May 2024
Verizon's shares have rebounded about 30% and still appear undervalued. Concerns about Verizon's $137 billion debt should focus on the company's ability to service and repay it. Verizon's dividend yie
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Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with AT&T. AST chairman and CEO Abel Avellan touted the agre
MIDLAND, Texas & BASKING RIDGE, N.J.--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), and Verizon (NYSE, NASDAQ: VZ) today announced a strategic partnersh
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