AST SpaceMobile to Acquire International S-Band Spectrum Rights for Satellite Broadband Expansion

▤ Summary

AST SpaceMobile agreed to buy global S-Band spectrum priority rights to expand its satellite broadband network. The company says the rights will help it deliver direct-to-smartphone cellular service in more markets around the world. The deal also supports higher subscriber capacity and complements its existing spectrum holdings and planned U.S. and Canada strategy. AST SpaceMobile expects the $64.5 million transaction to close in the second half of 2025, subject to regulatory and customary approvals.

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