AST SpaceMobile Secures 10-Year Satellite Connectivity Agreement With stc Group

Reuters

Oct 29, 2025

<a href="https://laohu8.com/S/ASTSW">AST SpaceMobile</a> Secures 10-Year Satellite Connectivity Agreement With stc Group

AST SpaceMobile Inc. and stc group have announced the signing of a 10-year commercial agreement to provide space-based cellular broadband connectivity in Saudi Arabia and selected markets in the Middle East and Africa. Under the agreement, stc group has committed to a $175 million prepayment for future services and a significant long-term commercial revenue commitment. AST SpaceMobile will integrate its satellite technology with stc's terrestrial infrastructure, aiming to provide 4G and 5G mobile services directly to standard smartphones without the need for specialized devices. The agreement includes the construction of three ground gateways and a Network Operations Center in Riyadh to support network operations. This partnership is intended to expand mobile coverage to remote and underserved areas, supporting digital inclusion and economic development in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AST Spacemobile Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251029541783) on October 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Under the agreement, stc group has committed to a $175 million prepayment for future services and a significant long-term commercial revenue commitment. AST SpaceMobile will integrate its satellite technology with stc's terrestrial infrastructure, aiming to provide 4G and 5G mobile services directly to standard smartphones without the need for specialized devices. The agreement includes the construction of three ground gateways and a Network Operations Center in Riyadh to support network operations. This partnership is intended to expand mobile coverage to remote and underserved areas, supporting digital inclusion and economic development in the region.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AST Spacemobile Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251029541783) on October 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4089","symbol_name":"非传统电信运营商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nNDL4qZLfk:1","article_id":"2579093149","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579093149","pubTimestamp":1761742885,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AST SpaceMobile Inc. and stc group have announced the signing of a 10-year commercial agreement to provide space-based cellular broadband connectivity in Saudi Arabia and selected markets in the Middle East and Africa. 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While PUBT str","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4089":"非传统电信运营商","ASTS":"AST SpaceMobile, Inc."},"translate_title":"AST SpaceMobile与stc集团签订为期10年的卫星连接协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTS":0.9},"content_text":"AST SpaceMobile Secures 10-Year Satellite Connectivity Agreement With stc Group\n    \n\nAST SpaceMobile Inc. and stc group have announced the signing of a 10-year commercial agreement to provide space-based cellular broadband connectivity in Saudi Arabia and selected markets in the Middle East and Africa. Under the agreement, stc group has committed to a $175 million prepayment for future services and a significant long-term commercial revenue commitment. 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