ASTS

AST plans to begin satellite-to-phone operations in the Philippines “imminently” with Smart Communications.

AST SpaceMobile (NasdaqGS:ASTS) received key spectrum authorizations from Brazil's national telecom regulator for space-based mobile services.

The FCC on Thursday adopted a proposal that would expand the amount of spectrum available for “supplemental coverage from space,” a system that lets satellites use wireless carriers’ licensed airwaves to reach customers outside normal tower range.

AST SpaceMobile has shed more than 40% this year, but a funded constellation, 60-plus carrier partners, and potential billion-dollar government contracts suggest the selloff may have punished the stock far beyond what the fundamentals warrant.

Analyst Tim Farrar said SpaceX could announce an acquisition of EchoStar’s remaining business as soon as next week.

Verizon's wireless and broadband expansion faces off against AST SpaceMobile's satellite ambitions. How do their growth prospects, risks and valuations compare?

For questions about this article or underlying research, email [email protected].

BlackRock disclosed a 5.4% stake comprising 16.1 million shares as of Sept.30, worth $676 million at Tuesday’s close.

The FCC’s review cited arguments that the deal could boost competition against AST SpaceMobile and SpaceX.

For questions about this article or underlying research, email [email protected].

ASTS secures Brazilian spectrum access to bring satellite-based calls, Internet and video to regular smartphones, targeting areas without mobile coverage.