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Telus Invests in AST SpaceMobile for Global Connectivity

3/5/2026

49 5 Full Breakdown

Summary

Story summary

Telus Corporation takes an equity stake in AST SpaceMobile and invests in its ground infrastructure.
The service will launch in late 2026 and enable smartphone calls and data where networks are unavailable.
The arrangement follows similar agreements by Bell and Rogers.
AST SpaceMobile plans to deploy at least 45 satellites by the end of 2026.
Its projected revenue growth is supported by existing partnerships and government contracts.

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Story summary

Telus Corporation takes an equity stake in AST SpaceMobile and invests in its ground infrastructure.
The service will launch in late 2026 and enable smartphone calls and data where networks are unavailable.
The arrangement follows similar agreements by Bell and Rogers.
AST SpaceMobile plans to deploy at least 45 satellites by the end of 2026.
Its projected revenue growth is supported by existing partnerships and government contracts.