AST SpaceMobile Inks Deal with TELUS for Canada-Wide Satellite Broadband

Edgen Stock·Mar 03 2026, 23:42

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Key Takeaways

TELUS and AST SpaceMobile announced a definitive commercial agreement to deliver satellite-to-phone broadband connectivity across Canada. The deal marks a significant commercial milestone for AST SpaceMobile, validating its technology with a major North American carrier, while enabling TELUS to achieve 100% geographic service coverage.

TELUS and AST SpaceMobile signed a commercial agreement on March 3, 2026, to provide space-based cellular services.
The partnership aims to cover all of Canada, targeting remote and previously unreachable regions with cellular broadband.
This agreement provides major commercial validation for AST SpaceMobile's network, which connects directly to standard smartphones.

AST SpaceMobile Secures Major Canadian Carrier on March 3

AST SpaceMobile (NASDAQ: ASTS) formalized a significant commercial partnership with Canadian telecommunications leader TELUS (TSX: T; NYSE: TU) on March 3, 2026. The agreement enables the delivery of AST SpaceMobile's patented space-based cellular broadband service directly to standard smartphones throughout Canada. This collaboration leverages TELUS's national spectrum and infrastructure to target areas where traditional cell service is unavailable, effectively aiming to eliminate connectivity gaps across the country.

Deal Validates ASTS Model and Expands TELUS Market

The partnership serves as a critical validation of AST SpaceMobile's business model and technology. Securing a definitive commercial agreement with a major operator like TELUS provides substantial credibility and a clear path to revenue, likely boosting investor confidence in the company's ambitious satellite-to-phone network. For TELUS, the deal unlocks new revenue streams by extending its network to every corner of Canada, including remote rural and Indigenous communities, without the prohibitive cost of building new terrestrial towers. This strategic move allows TELUS to offer uninterrupted connectivity for consumers, businesses, and government applications, solidifying its competitive position in the Canadian market.