AT&T and AST SpaceMobile sign deal for space-based broadband network
The companies have a spectrum lease agreement that allows AST SpaceMobile to use AT&Ts spectrum to offer satellite service directly to cell phones.
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The companies have a spectrum lease agreement that allows AST SpaceMobile to use AT&Ts spectrum to offer satellite service directly to cell phones.
Vodafone and AT&T have also placed purchase orders for network equipment from AST SpaceMobile to support planned commercial service.
The company collaborated with Vodafone, AT&T, and Nokia to complete this testing phase.
Northrop Grumman has selected Mynaric as a strategic supplier for laser communications, and Innoflight for encryption and other aspects of Northrop Grummans architecture.
The new deal, which brings together the HBO Max and Discovery+ streaming platforms, has estimated combined revenue of $49.8bn this year.
Samuel Di Piazza, who currently sits on AT&T’s board, will be chairman of Warner Bros. Discovery.
This appointment comes after Globalstar purchased 17 new satellites from MDA in order to replenish and extend the life of its existing SPOT Low-Earth Orbit (LEO) constellation.
AT&T and Discovery aim to bring together TV channels, the Warner Bros. film studio, and streaming services HBO Max and Discovery+.
As AT&T's WarnerMedia sheds the asset, founder Harvey Levin has signed a multi-year deal with Fox and will keep overseeing day-to-day operations.
The anime streaming service has 5m subscribers and more than 120m registered users.
The purchase price for the transaction is $1.17bn subject to customary working capital and other adjustments, and the proceeds will be paid in cash at closing.
Worldwide HBO and HBO Max subscribers include domestic and international HBO subscribers and domestic HBO Max subscribers but exclude Cinemax subscribers.
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