Verizon Communications (VZ) and AST SpaceMobile (ASTS) have completed a trial live video call between a satellite-connected mobile device and another mobile device with Verizon's terrestrial network connection, according to a statement from Verizon Monday.
The demonstration followed the Federal Communications Commission's approval for AST to start testing the use of Verizon's spectrum in the US, allowing AST's first five commercial BlueBird satellites to test connections with smartphones, according to Verizon.
Verizon said the trial video call is a step towards its project with AST to build a satellite-to-device network with text, voice and live video calling capabilities.
Price: 43.55, Change: +0.79, Percent Change: +1.85
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.