Can ASTS Stock Benefit From Buyout Deal for Mid-Band Spectrum Assets?
AST SpaceMobile(ASTS) ZACKS·2025-01-07 22:52
AST SpaceMobile, Inc. (ASTS) recently inked an agreement with Ligado Networks for spectrum usage rights for more than 80 years. The deal will enable ASTS to get access to up to 40 MHz of Ligado’s L-band mobile satellite spectrum (MSS) in the United States and Canada and an additional 5 MHz in the 1670-1675 MHz band in the United States. The transaction, subject to customary closing conditions and regulatory approvals for the proposed use of the spectrum, is likely to help AST SpaceMobile eliminate connect ...