Jan. 16 at 4:58 PM
$ASTS To give you a picture of the speculation and disconnection from fundamentals.
ASTS is now 30% larger market cap than one of the primary MNOs seeking its services,
$VOD .
ASTS will only provide service for Vodafone’s 4G/5G network into areas where terrestrial coverage doesn’t exist (mountains, open sea, rural deserts), and functions as a complement for something like 1% of the provider’s traffic.
Hypothetically, potentially, if they execute on all promises, ASTS will service 1% of Vodafone’s traffic at 130% of the marketcap.