Verizon and AST first announced a partnership last year, with the telco agreeing to invest $100 million in the satellite operator.
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EchoStar’s 5G ambitions go back to 2019, and are the byproduct of another major telecom deal: T-Mobile’s acquisition of Sprint.
Has CEO John Stankey, who took the position in 2020, effectively turned the corner on his turnaround plan at AT&T?