$ASTS $T: 🚨 @ATT is now starting to advertise @AST_SpaceMobile service on Instagram 👀

$ASTS: 🚨BERENBERG RESEARCH BUY RATING, $92 PRICE TARGET "US carriers are making the case for us" ➡️ What happened: It has been a busy week for AST SpaceMobile (ASTS) newsflow. At Citi’s Global TMT Conference on 9 September 2026, T-Mobile US (TMUS) CFO Peter Osvaldik said SpaceX is “not a competitive threat from a wireless perspective at all”, ruling out a Starlink MVNO, a backdoor MVNO via acquisition, FCC-mandated roaming (which excludes data), a femtocell build and a fourth network (“no path to the right level of spectrum assets”). Verizon (VZ) CFO Tony Skiadas said satellite is “complementary to our business”, that Verizon uses “partnerships such as AST, Skylo, Globalstar” for rural and remote areas, and that a satellite MVNO “does not add to our distribution”. ➡️Two of three US carriers dismiss the disintermediation bear case: The risk that Starlink uses direct-to-device (D2D) to bypass carriers hangs over the sector. This week, Starlink’s own D2D partner and an AST SpaceMobile anchor customer have both said they will not wholesale their networks to a satellite operator. If it holds, this closes the most direct route to a standalone satellite carrier and, in our view, supports the carrier-aligned model at the heart of our Buy case, in which operators procure satellite coverage as a complement rather than being replaced by it. ➡️T-Mobile physics comments are an argument for the ASTS architecture: The T-Mobile CFO’s core critique of Starlink D2D was link budget, meaning a handset transmitting to a satellite 350km up has so little signal left that it “cannot get through buildings, walls, you cannot even get through a Tesla windscreen”. That is the constraint ASTS’s 2,400 sq ft arrays are designed to overcome, and the basis for the in-vehicle reach and c100 Mbps speeds the company has demonstrated. He framed the limit as universal, so we do not claim any outright endorsement, but the failure mode he described is the one that ASTS is meant to address. ➡️Both carriers define the gap that ASTS fills: Verizon’s Skiadas said 99% of Verizon’s network covers where people live and work, 95% of revenue is urban and suburban, and satellite works “where a cell site does not make sense for us”, adding “it is a market, it is just not our market”. That is an ASTS anchor partner suggesting it will not build towers into the gap ASTS fills. Verizon’s capex reduction and T-Mobile’s claim that AT&T has diverted capex to fibre both make a low-cost coverage layer more useful to ASTS partners. ➡️No change to the T-Mobile catalyst: T-Mobile referenced its Starlink partnership without any hint of dissatisfaction, and satellites did not feature in its list of growth drivers. We read these remarks as T-Mobile treating D2D as a coverage feature rather than a revenue line, which may remove urgency to switch suppliers but makes sourcing through a pooled carrier joint venture, where ASTS is the aligned vendor, a plausible outcome. Our c$29 per share T-Mobile scenario remains optionality, not base case. ➡️Estimates unchanged: We make no changes to our estimates or our $92 price target. The comments do not advance our T-Mobile agreement catalyst, but they remove weight from the Starlink bear case and, in our view, describe the problem ASTS is building to solve. ➡️Valuation: We value ASTS on 15x 2030 EBITDA discounted back at 15%.

$ASTS $SPCX: 🚨Ookla @Speedtest report shows that @Starlink Mobile Direct-To-Cell has a median signal strength ranging from -117 dBm to as terrible as -123 dBm. These signal strength measurements are so poor that it's essentially considered as SPOTTY TO NO SERVICE. 1/2 🧵 wilsonamplifiers.com/blog/ho…

$ASTS: Update! @JamannerManner will be a speaker tomorrow on Panel 3: WRC-27 Agenda Item 1.13 and related MSS issues. The other guests on the panel are also notable... 👀 itu.int/high-level-seminar-s…

$ASTS: 🚨Jennifer Manner, SVP of Regulatory Affairs and International Strategy at @AST_SpaceMobile will be a speaker at the @ITU Radiocommunication Bureau & China's Ministry of Industry and Information Technology's "High-level seminar on Space for development" on August 31 to September 2. Other representatives will be from @ITU, @GSOA_SAT, and @viasat. 🤝 itu.int/high-level-seminar-s…

$ASTS Insider purchased $619.2K worth of shares: filingtracker.ai/filing/1749…

There are tons of neat stuff in Luke Kehoe's latest article on D2D, but this might be my favorite part: ookla.com/articles/spain-sta…

$ASTS 2degrees (NZ): Today, we celebrate the official opening of the 2degrees Marton Satellite Ground Station – one of the first commercial AST SpaceMobile ground stations in the world. This marks amajor step toward us offering 2degrees satellite connectivity. Behind this milestone is significant work from our teams and partners. We’ve invested in locally supported, in-country infrastructure at Marton and integrated it with the global AST SpaceMobile network and our own. We have successfully made voice calls, video calls, and sent SMS and used data over the service, and are excited about what this will enable for our customers. We’re preparing for a future where customers can move easily between terrestrial and satellite networks - extending connectivity to remote roads, farms, backcountry, communities and workers where conventional infrastructure has been difficult or uneconomic to deploy. We’re proud to be among the early movers globally - because it’s only fair that more Kiwis can stay connected, wherever they are.

$ASTS $SPCX: SpaceX, AST Said Seeking to Buy Spectrum Valued at $6 Billion - Bloomberg By Kelcee Griffis, Michelle F. Davis and Reshmi Basu (Bloomberg) -- SpaceX and AST Spacemobile Inc. are among the companies that have expressed interest in acquiring a swath of spectrum held by Grain Management LLC that’s valuable for providing wireless phone services directly from space, according to people familiar with the discussions. The 800 MHz-band licenses became available after Grain completed a spectrum swap this month with T-Mobile US Inc. The terms of that transaction, approved by the Federal Communications Commission, call for Grain to seek bids to develop the spectrum, which has been underutilized, according to the commission’s order. The commission has said it wants the bidding done by Nov. 5. Grain, a Washington-based technology and communications investment firm, has asked interested parties to submit preliminary offers by the first week of September, some of the people said, asking to not be identified because the discussions are private. Grain hopes to reap about $6 billion from selling the licenses, one of the people said, although the company’s plans could also involve leasing the capacity. It’s possible another bidder could emerge. Representatives for SpaceX, AST and Grain didn’t immediately respond to requests for comment. The licenses cover nearly the entire US population, and they’re seen as valuable for helping satellite providers establish a ground-based link for voice services, known as a network pilot. Grain is confident that satellite and terrestrial services can co-exist in the 800 MHz band even though it’s previously only been used for ground-based mobile services, one of the people said. The FCC said it wants to promote the growth of a new generation of satellite-based telecom networks that can fill gaps in land-based coverage and continue US leadership in the space-based communications industry. The commission created incentives for Grain to work with companies like AST and SpaceX, although the investment firm can also offer the spectrum to mobile phone companies, utilities and other providers, according to the order. T-Mobile inherited the 800 MHz band when it combined with Sprint Corp. in 2020, but it never utilized the licenses. T-Mobile’s original plan was to sell the spectrum to Dish Network Corp. when it was tasked with standing up a fourth nationwide wireless carrier, but Dish ultimately declined to purchase the licenses. The FCC earlier approved an arrangement under which T-Mobile traded the spectrum to Grain for a set of 600 MHz licenses and a $2.9 billion cash payment.