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Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cell service from space beginning next year.
This deal, which did not have terms immediately available, brings direct-to-service connect via space to cell phone users on Verizon plans. It marks an expansion of a partnership between the two companies announced last year, according to a press release.
AST shares surged more than 8% before the bell on Wednesday. Verizon shares added 0.8%.
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