STC Group is a digital transformation leader and telecommunications company based in the Middle East and Africa, playing a growing role in the space industry. It partners with companies like Eutelsat OneWeb and AST SpaceMobile to expand connectivity through satellite services, including establishing ground stations for low Earth orbit (LEO) satellites and developing space-based 5G mobile communication services. STC aims to provide ubiquitous voice and data mobile connectivity, especially in underserved and remote regions, leveraging satellite technology to bridge the digital divide. STC Group's activities include satellite communications, satellite internet services, emergency communications, broadcasting via satellite, and mobile satellite services.
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stc group committed to a prepayment of $175 million for future services as part of the agreement with AST SpaceMobile.
AST SpaceMobile and stc group signed a 10-year commercial agreement to enable direct-to-device satellite mobile connectivity across Saudi Arabia and key regional markets.
AST SpaceMobile aims to expand communication coverage throughout Saudi Arabia and specific countries in the Middle East and Africa by integrating with stc's terrestrial infrastructure.
The first operator in the region to adopt direct-to-device satellite broadband connectivity will be stc group as a result of this agreement.
stc group signed a 10-year commercial agreement with AST SpaceMobile for direct-to-cell services.
The commercial agreement between stc group and AST SpaceMobile includes a $175 million pre-payment.
The deal is AST SpaceMobile's first in the Middle East and will serve stc group customers across Saudi Arabia and select countries in the Middle East and Africa.
stc Group and Omnispace signed a Memorandum of Understanding to develop space-based 0.005 kg mobile voice and data services.
stc Group and Omnispace signed a Memorandum of Understanding to develop space-based 0.005 kg mobile communications voice and data services.