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.
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Ethiopian Airlines orders six more Airbus A350-900s to expand long-haul fleet New jets support Vision 2035 goal of 250+ aircraft and lower...
Moody’s assigns Ba3 rating with stable outlook to BDEAC Rating reflects bank’s regional role, reforms, and strong shareholder backing Move...
Air Côte d'Ivoire orders four Embraer E175s, eyes regional fleet upgrade New jets to boost efficiency, support Abidjan's hub ambitions...
Burkina Faso suspends 2025-2026 shea-nut exports to aid local processors Authorities cite raw material shortages, smuggling to neighboring countries ...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...