Verizon explains its switcheroo in the satellite space wars
At the beginning of 2024, Verizon executives were skeptical about the direct-to-device (D2D) market, uninterested in using their spectrum for a satellite-based service. Now, Verizon is bragging about how it will be the first mobile carrier to commercially launch smartphone connectivity on Skylo’s non-terrestrial satellite network and be the first mobile carrier to launch a commercial D2D service offering. Not only that, but it’s made a $100 million investment in AST SpaceMobile, which will use 85