Investment bank ScotiaBank, a recent fan of satellite-to-cellular operator, has lowered its price target for AST SpaceMobile from its previous $44.70 to $40.20. The bank maintains its ‘Sector Outperform’ advice to clients for the stock. ScotiaBank’s price expectation is in the mid-range of the $15 to $53 currently suggested by other investment banks and analysts. […]

Analysts at Barclays have joined a growing number of researchers favouring AST SpaceMobile (AST). A report from the bank explains to investors the background to AST’s recent agreement with Ligado Networks, and says the additional L-band spectrum acquired by AST to be meaningful. The bank says that while the agreement, permitting access by AST to […]

AST SpaceMobile (AST), which is looking to establish a space-based ‘direct-to-cellular’ service, will use an Indian rocket to launch two of its Block-2 Bluebird satellites. The current information is that the launch could take place in March although this is not yet confirmed. What has been confirmed is that India’s Space Research Organisation (ISRO) will […]

Ligado Networks filed for Chapter 11 bankruptcy protection on January 6th. Ligado holds some extremely valuable ‘L-band’ spectrum over North America but is in the middle of a bitter dispute with the US government and has accused the US government of improperly blocking it from commercialising licensed spectrum through what it called one of the […]

Analysts at Deutsche Bank have re-examined prospects for would-be global telco ‘space tower’ business AST SpaceMobile (AST) as being worth $53 (€50.51) per share. They recommend clients ‘BUY’ AST. “We currently expect AST will begin broad commercial service in northern Latitudes during 2026. We expect that by 2030, AST will generate nearly $3 billion from […]

Texas-based AST SpaceMobile wants to become the world’s ‘tower in space’ for its partner telcos. IT has the first five satellites in orbit, and a report from investment firm Hennessey Focus Fund says that steady cash-raising exercises during the past year has created a war chest of some $519 million (€494.9m) to spend on the […]

SpaceX’s Starlink has managed to launch 349 of its Direct-To-Cellular (D2C) satellites in less than a year. While this is an admirable achievement the fleet is currently only able to manage simple Text/SMS messages to users in remote areas. The 349 launched craft represent some 90 per cent of the target constellation. The first Starlink […]

AST SpaceMobile wants to be the world’s space-based cellular supplier. It has already secured Verizon in the US and has now signed Vodafone to a global agreement which runs until 2034. Vodafone, and its own partner telcos, can offer AST’s space-based cellular broadband connectivity in its home markets and for its partner operators in Europe, […]

AST SpaceMobile has been licensed by media regulator Ofcom to start testing its satellite-based ‘direct-to-cellular’ (D2C) service in the UK. The licence is for six months starting on December 20th. Other national regulators have approved similar tests ahead of full service introductions. AST is working with Vodafone in the UK as its telco partner, although […]

AT&T is a US telco giant with 241 million subscribers. It wants to serve those subscriber when the user is in a ‘not spot’ and will use AST SpaceMobile to cover most of the US (Alaska might be a challenge) with AST’s satellite coverage. AT&T CEO John Stankey explained his forward-looking strategy and how AST […]