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Benzinga
Benzinga
Business
Lekha Gupta

AST SpaceMobile Stock Pops On Verizon 5G Satellite Pact

AST AST SpaceMobile Verizon ASTS Verizon Communications Inc
AST Spacemobile

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares surging premarket on Wednesday after the company disclosed a definitive commercial agreement with Verizon Communications Inc. (NYSE:VZ).

Starting in 2026, the partnership will enable direct-to-cellular connectivity for Verizon customers, extending the carrier's network coverage and enhancing its existing high-quality, nationwide service.

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