Chile Grants AST SpaceMobile 30-Year Nationwide Satellite-Service Concession
Chile published a decree granting AST SpaceMobile’s local unit a 30-year concession to provide mobile satellite services nationwide. ASTS shares rose more than 2% to $37.15 on Tuesday.
Shares of AST SpaceMobile (ASTS) snapped a two-day losing streak on Tuesday after Chile published a decree granting the company’s local unit a 30-year concession to provide mobile satellite services nationwide.ASTS stock rose more than 2% to $37.15 on Tuesday, recovering slightly from a 16-month lo…