Saudi Arabia’s stc Group commits $175 million prepayment in AST SpaceMobile deal

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SpaceNews 4 hours ago 53

Saudi telecoms giant stc Group has signed a 10-year agreement that includes a $175 million prepayment commitment to use AST SpaceMobile’s planned space-based cellular broadband network, the Texas-based venture announced Oct. 29.

The post Saudi Arabia’s stc Group commits $175 million prepayment in AST SpaceMobile deal appeared first on SpaceNews.



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