AST SpaceMobile Expands Satellite Internet with Verizon and AT&T Deals

AST SpaceMobile's stock surged 69% after announcing a partnership with Verizon to provide satellite internet service, adding to a similar deal with AT&T. The company's stock has quadrupled this month, and the Verizon deal includes $100 million in funding. AST aims to eliminate dead zones and provide remote connectivity with its satellites, competing with SpaceX's Starlink and Apple's Globalstar-supported services.