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AST SpaceMobile's Brazil Deal Could Be a Major Growth Catalyst

Source: Nasdaq

Technology & InnovationAntitrust & CompetitionM&A & RestructuringCompany Fundamentals

AST SpaceMobile has taken an unspecified step toward commercial service in Brazil, which the article says could provide a blueprint for expansion into other markets. Amazon's acquisition of Globalstar adds competition as ASTS shares struggle to recover from a steep decline; the provided article text gives no further details or figures.

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AMZN0.10
ASTS0.45

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