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AT&T, Amazon Forge Cloud, Satellite Partnership. AST SpaceMobile Not Impacted, Says AT&T.

AT&T (T) on Wednesday announced a telecom network partnership with Amazon.com's (AMZN) cloud computing business and satellite startup that depressed shares in AST SpaceMobile (ASTS) and GlobalStar (GSAT). However, the AT&T deal with Amazon's AWS and satellite businesses appears focused on fixed wireless internet services to business and enterprise customers, not satellite-enabled mobile phones for consumers....

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