AT&T and AST SpaceMobile Broadband Deal

AT&T Inc., formerly known as the American Telephone and Telegraph Company, is a multinational telecommunications holding company, founded in 2005 and headquartered in Dallas, Texas. AT&T is the world’s fourth-largest telecommunications company by revenue and the largest wireless carrier in the United States.

According to recent reports, AT&T has struck a deal with AST SpaceMobile to deliver a space-based broadband network directly to cell phones. The company plans to dispatch five satellites from Cape Canaveral into low-Earth orbit this summer as it aims to start commercial service. AT&T’s head of network will join AST SpaceMobile’s board as part of the agreement.

AST SpaceMobile is a satellite designer and manufacturer founded in 2017 and headquartered in Midland, Texas. The company is building the SpaceMobile satellite constellation, a space-based cellular broadband network that will allow existing, unmodified smartphones to connect to satellites in areas with coverage gaps.