Verizon Communications VZ and AST SpaceMobile ASTS are pursuing opportunities to expand wireless connectivity, but their business models and investment profiles are different. Verizon is building on its established wireless and broadband operations, focusing on subscriber growth, fiber expansion and stronger cash generation. AST SpaceMobile, meanwhile, is developing a satellite-based cellular network designed to deliver connectivity directly to standard smartphones in areas with limited terrestrial coverage. The global wireless connectivity market is poised for significant expansion, creating opportunities for companies developing next-generation communication technologies. According to Precedence Research, the market is projected to grow from $134.
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