AST SpaceMobile Secures Long-Term Vodafone Deal To Boost Global Coverage

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading higher premarket on Monday. The company disclosed a definitive long-term commercial agreement with Vodafone Group Plc (NASDAQ:VOD) through 2034.

This partnership marks a significant advancement in their efforts to expand global broadband connectivity.

The agreement establishes a framework for Vodafone to provide space-based cellular broadband connectivity in its home markets and to other operators through its Partner Markets program.

Since 2018, Vodafone has been a key investor and technology partner in AST SpaceMobile, ...

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