Verizon Targets Faster Growth, Cost Cuts and Bigger Shareholder Returns

AST SpaceMobile shares surged 12% after Verizon CFO Tony Skiadas emphasized the carrier's focus on expanding its mobility and broadband businesses while maintaining spending discipline and improving customer retention. Verizon's comments were viewed positively for AST SpaceMobile given its strategic role in satellite-based direct-to-device connectivity, although the article excerpt provides no new financial guidance or contract metrics.