Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
1. AST SpaceMobile partners with Verizon for space-based cell service. 2. Direct-to-service connection for Verizon users will begin next year. 3. The deal extends an existing partnership between AST and Verizon. 4. AST shares rose over 8% following the announcement. 5. Verizon shares increased by 0.8% as well.