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AST SpaceMobile Announces Agreement to Acquire Global S-Band Spectrum Priority Rights Held under the International Telecommunication Union

1. ASTS has acquired global S-Band spectrum rights from the ITU. 2. This move enhances ASTS's capacity for its space-based cellular broadband network.

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Why Bullish?

The acquisition of spectrum rights can significantly expand ASTS's operational capabilities. Historical examples show that spectrum rights directly contribute to telecom companies' market valuations.

How important is it?

The acquisition directly relates to ASTS's core business and future growth potential. Spectrum rights are crucial in the telecommunications industry, impacting operational scope and competitive positioning.

Why Long Term?

The long-term benefits of acquiring spectrum rights typically manifest in increased service offerings and market leadership. Past cases, like when broadband companies acquired additional spectrum, led to improved revenues over several years.

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement to acquire global S-Band spectrum priority rights held under the International Telecommunication Union (ITU). “Our revolutionary satellites and proprietary ASICs were designed with S-Band capabilit.

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