00:00ASD SpaceMobile fell 10.5% on a deal it was not part of.
00:05ASD SpaceMobile builds large satellites that connect directly to ordinary, unmodified phones,
00:11and it sells that through partnerships with existing mobile operators, rather than as its own carrier.
00:18Starlink Mobile is chasing the same phones.
00:21The difference after Thursday is that SpaceX agreed to add a terrestrial low-band layer, the part that reaches indoors.
00:29SpaceX says that would make it the first operator to deploy both satellite and terrestrial spectrum.
00:34What remains uncertain is most of it.
00:37The transfer needs approval.
00:40A ground network has to be built.
00:42And ASDS's operator partners may respond in ways nobody has announced.
00:48Neither service runs at nationwide scale today.
