AST SpaceMobile Receives Approvals to Launch Services in Brazil
Brazil's telecommunications agency Anatel has approved AST SpaceMobile to provide satellite mobile broadband services in the S and 700 MHz bands.
Brazil's National Telecommunications Agency (Anatel) has granted AST SpaceMobile a license to provide satellite mobile broadband services in the country.
The license covers 30 MHz in the S-band and up to 20 MHz in the 700 MHz band for secondary spectrum use, according to Telecom Paper.
The approval follows agreements concluded by the company with regional operators, paving the way to begin providing the service in the Brazilian market.
The company's shares rose 8.77% during the trading session, reflecting the market's response to the new license.
What do these terms mean?
Satellite mobile broadband: A wireless internet service delivered directly to phones from satellites without requiring a nearby ground station.
Frequency band: A specific range of radio waves used to transmit signals, with each band having unique characteristics in coverage and speed.
Secondary spectrum use: The use of frequencies primarily allocated to another entity, provided it does not cause interference.
Weekly Newsletter
Read between the lines before everyone else. Decode the most important economic, tech, and decision-maker movements in the region.. in 5 minutes every Saturday.
