AST SpaceMobile's stock rose 4% after Europe's four largest wireless carriers signed a letter of intent to explore a joint bid for mobile satellite services spectrum. This move could expand AST's BlueBird satellite network, which currently has 13 satellites and aims for 45 by early 2027, linking to over 3 billion subscribers. However, the letter is only an exploratory step without financial terms or commercial agreements yet. Investors should watch for a formal deal that could boost revenue, while noting recent revenue misses and competition from SpaceX's Starlink service.
Following the news of Europe's largest wireless carriers exploring a joint satellite spectrum bid, AST SpaceMobile's stock on Pluang is up 3.89% at USD 42.24 as of Oct 19, 2026 20:21 WIB. SpaceX also edges higher by 1.55% to USD 148.30, while Rocket Lab gains 2.87% to USD 52.30 at the same time. These moves highlight investor interest in satellite and space technology stocks currently traded on Pluang.
