Telecom

Vodafone Group invests $25mln in AST & Science to improve service in Africa

Vodafone Group invests $25mln in AST & Science to improve service in Africa
Tuesday, 03 March 2020 15:56

British telecom group Vodafone announced an investment of $25 million in Texas-based satellite manufacturer AST & Science. The US firm wants to launch the world’s first low earth orbit, low latency satellite network- called SpaceMobile- capable of connecting directly to a smartphone. The network's signal will help to strengthen the telecom coverage of a partner mobile operator.

For Vodafone, which is always looking for new growth markets in Africa, this investment could enable it to reach populations in rural or landlocked areas, where the deployment of telecom infrastructure remains low. This new network will also be very useful in the event of a humanitarian crisis as it will ease communications across an entire territory.

Vodafone's decision to invest in AST & Science comes after the US company successfully tested its SpaceMobile technology onboard the BlueWalker 1 satellite, launched last April. Given the potential of AST & Science's satellite network, the UK telecom group is not the only telecom company that has chosen to invest in the US company. American Tower, Cisneros, and Samsung NEXT have also injected money in the project.

On the same topic
Congo plans new undersea cable amid WACS internet disruptions Authorities say link could be operational within weeks Government orders...
Liberian Senate approves Cybercrime Act 2025, bill sent to president Law criminalises hacking, online fraud, identity theft, harassment ITU...
35+ judges and magistrates completed Commonwealth workshops in Johannesburg to strengthen cybercrime expertise. Cybercrime costs South Africa ZAR 2.2...
The EBRD approved a loan of up to €190 million ($221 million) for Tunisia Telecom, alongside an €11 million EU grant. The financing will...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
03

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.