AST SpaceMobile does not typically own its own spectrum. Instead, it borrows spectrum rights from established mobile network operators.
Credit: AST SpaceMobile
AST SpaceMobile has obtained lower mid-band spectrum in the U.S. from Ligado Networks, a communications satellite company that just declared bankruptcy. As part of the agreement, AST SpaceMobile will provide Ligado Networks with $113 million of AST SpaceMobile warrants and usage rights payments, the...
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