New Providence Acquisition Corp. (NPA) to Combine with AST SpaceMobile

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New Providence Acquisition Corp. (NPA) to Combine with AST SpaceMobile

New Providence Acquisition Corp. (NASDAQ:NPA) announced this morning it has entered a business combination agreement with space-based telecom company AST SpaceMobile at an enterprise value of $1.4 billion. Midland, Texas-based AST is working to build the first space-based cellular broadband network to fill coverage gaps and eventually make 4G and 5G access universal. Following the
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