AST SpaceMobile aims to launch initial satellite broadband services in five markets by late 2026
ASTS AST SpaceMobile Inc
$40.90 -0.56%
View chart & analysis → - 1AST SpaceMobile aims to provide initial intermittent space-based cellular broadband services in five markets before the end of 2026.
- 2AST SpaceMobile has activated more than 3,000 coverage cells in the US and plans to activate approximately 5,600 cells covering the US mainland by the end of this year.
- 3AST shares recorded a 5% decline on Tuesday, following a drop of more than 25% over the past week.
So what's the key point?
AST SpaceMobile announced it will start space-based internet services in five markets by the end of 2026. However, the stock price has fallen by more than 25% over the past week.
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