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
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market is large but internet access remains...
MTN and regulator ZICTA launch solar-assisted telecom towers to extend mobile broadband to rural communities. Zambia targets nationwide broadband...
The Democratic Republic of Congo and Gabon signed a memorandum of understanding on Feb. 19 to develop mobile roaming between their territories. The...
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity,...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
03

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
04

Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...

Africa’s Comeback on International Market: Kenya Adds-up to The 2026 Wave of Sovereign Issuances
05

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 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.