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Vodafone and AST SpaceMobile Form Joint Venture SatCo to Launch Satellite Mobile Network in Europe.

Jun 30, 202517 days ago

Contract Type

partnership

London

Description

Vodafone and AST SpaceMobile have announced their joint venture, SatCo, which will establish a space-based cellular broadband network in Luxembourg. With interest from mobile operators across 21 EU member states, SatCo aims to provide widespread satellite services starting in 2026.

Company Information

Company

Vodafone Group plc

Location

London, England, United Kingdom

About

Vodafone Group plc is a British multinational telecommunications company. It provides a wide range of services including voice, messaging, data, and fixed communications. The company operates in many countries and has a strong presence in Europe, Africa, and India. Vodafone aims to connect its customers to the internet and expand its 5G network capabilities.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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