News Summary

Telus has transitioned from a potential partner to a strategic investor in AST SpaceMobile, confirming a commercial agreement and equity stake. This partnership aims to address connectivity gaps across Canada by combining Telus’ wireless network with AST SpaceMobile’s satellite technology. The initiative targets launching services by late 2026 to enable Canadians to use their smartphones for communication in remote areas where traditional cell towers are absent. This move aligns Telus with Bell, which has been in partnership with AST SpaceMobile, while Rogers continues its focus on the Starlink network from SpaceX.