• Home
  • Business News
  • Vodafone Idea shares in focus after satellite connectivity tie-up with AST SpaceMobile

Vodafone Idea shares in focus after satellite connectivity tie-up with AST SpaceMobile


Shares of Vodafone Idea (Vi) will be in focus on Thursday, June 19, after the company announced a strategic partnership with AST SpaceMobile to deliver satellite-based connectivity services in India.

In a press release filed with the stock exchanges, Vodafone Idea disclosed its collaboration with AST SpaceMobile, a US-based Nasdaq-listed company building the world’s first space-based cellular broadband network accessible directly by standard mobile phones.

The partnership aims to bring Direct-to-Device (D2D) satellite broadband connectivity to India, supporting the government’s Digital India initiative and its vision of universal mobile access. The initiative is particularly focused on enhancing connectivity in India’s remote and underserved regions.

Under the agreement, Vi’s national telecom infrastructure will be integrated with AST SpaceMobile’s satellite technology, which enables standard mobile phones to connect directly to satellites—without the need for special hardware or software modifications. The two companies will collaborate on the SpaceMobile Satellite System to deliver voice, video, data streaming, and internet services through this satellite-powered network.

AST SpaceMobile, which previously made headlines for enabling the first-ever voice and video call from space using a standard mobile phone, will be responsible for the design, manufacturing, and deployment of the satellite constellation. Vodafone Idea will oversee terrestrial network integration, spectrum operations, and ensure market access within India.

Live Events


Also read: As returns fade, Aswath Damodaran lays out 4 red flags about alternative investments

The partnership is seen as a step that could redefine connectivity in rural and hard-to-reach areas, while also unlocking commercial opportunities across consumer, enterprise, and IoT segments. It reinforces India’s position at the forefront of global space-tech innovation.
“Vi has always been committed to leveraging technology to connect every Indian, and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we look forward to ushering in a new era of seamless and resilient connectivity,” said Avneesh Khosla, Chief Marketing Officer of Vi.
On Wednesday, Vodafone Idea shares closed 0.8% lower at Rs 6.56 on the BSE.

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Releated Posts

Remarkable symbol of enduring cultural bonds: PM Modi thanks Croatian counterpart for Vezdin’s Sanskrit grammar

New Delhi, June 19 (IANS) Prime Minister Narendra Modi on Thursday thanked his Croatian counterpart Andrej Plenkovic for…

ByAjay jiJun 19, 2025

‘Take your time’: Shastri’s words of wisdom to Gill ahead of Test captaincy debut

New Delhi, June 19 (IANS) As India prepares to begin a new era in Test cricket under the…

ByAjay jiJun 19, 2025

Stock Market Sectors: Stock market update: Fertilisers stocks down as market falls

NEW DELHI: Fertilisers shares closed lower in the Thursday’s session. Madhya Bharat Agro Products Ltd.(up 0.64%), Coromandel International…

ByAjay jiJun 19, 2025

‘Take your time’: Shastri’s words of wisdom to Gill ahead of Test captaincy debut

New Delhi, June 19 (IANS) As India prepares to begin a new era in Test cricket under the…

ByAjay jiJun 19, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version