🟢 AST SpaceMobile is trading 4.3% up in pre-market after European operators explore joint mobile satellite-spectrum bid

AST SpaceMobile is trading at $42.39, up +4.25% in pre-market after partners signed a letter of intent to explore a joint mobile satellite-spectrum bid.

• The partners are Deutsche Telekom, Orange, Telefónica and Vodafone; the announcement supports AST SpaceMobile’s European network plans and aims to expand coverage.
• A market report explicitly linked Monday morning’s share rise to the news; no volume or activity-level data was provided.
• The price compares with the October 16 close of $40.66.