😎 📈 #Bentley #Asset #Management 💥 #BAM #Alert 📢 Breaking News: January 6, 2025 5:00 AM AST SpaceMobile (ASTS) Announces Agreement for Long-Term Access to up to 45 MHz of Premium Lower Mid-Band Spectrum in the United States for Direct-to-Device Satellite Applications. With existing 3GPP spectrum strategy and new lower mid-band satellite spectrum access, AST SpaceMobile (ASTS) could maximize the potential of its growing in-orbit network, expanding subscriber capacity while enabling peak data transmission speeds up to 120 Mbps to everyday smartphones everywhere in the continental United States. Agreement would pair AST SpaceMobile’s largest-ever commercial communication arrays deployed in low Earth orbit and planned nationwide low-band network with up to an additional 45 MHz of lower mid-band satellite spectrum capabilities, the largest available block of high-quality nationwide spectrum in the United States. AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement for long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications.
AST SpaceMobile Announces Agreement for Long-Term Access to up to 45 MHz of Premium Lower Mid-Band Spectrum in the United States for Direct-to-Device Satellite Applications
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Executive Chairman at Curvalux & Saturn Satellite Networks
2moThis is definitely a billion dollar bet on the value of L band spectrum