ASTS

TELUS, AST SpaceMobile Join Hands To Provide Satellite-Powered Cellular Services In Remote Canada

(RTTNews) - TELUS Corporation (TU, T.TO), a communications technology company, and AST SpaceMobile, Inc. (ASTS), a space-based cellular broadband network company, have signed a commercial deal to provide space-based cellular broadband services to the remote locations across Canada.

With this, TELUS will invest in ground-based satellite infrastructure and become an equity shareholder in AST SpaceMobile.

TELUS customers will be able to send texts, make calls, and use data in Canada's most remote places using the smartphones they already own without special equipment.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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