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Saudi Arabia's stc Group Partners for Satellite Connectivity

10/31/2025

44 3 Full Breakdown

Summary

Story summary

Saudi Arabia's stc Group and AST SpaceMobile signed a ten-year agreement to develop direct-to-device satellite connectivity across the Kingdom and select markets in the Middle East and Africa.
The deal includes a $175 million prepayment.
The arrangement aims to extend AST SpaceMobile's low Earth orbit network to remote areas and improve mobile coverage.
The service is expected to launch in Q4 2026, pending regulatory approvals.

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Story summary

Saudi Arabia's stc Group and AST SpaceMobile signed a ten-year agreement to develop direct-to-device satellite connectivity across the Kingdom and select markets in the Middle East and Africa.
The deal includes a $175 million prepayment.
The arrangement aims to extend AST SpaceMobile's low Earth orbit network to remote areas and improve mobile coverage.
The service is expected to launch in Q4 2026, pending regulatory approvals.