Last Updated:June 19, 2025, 08:05 IST
VI shares gain attention after partnering with AST SpaceMobile for satellite connectivity in India, aiming to enhance mobile coverage.
The satellite-based service could be a game changer for telecom access in India’s rural pockets, forest areas, deserts, and hilly regions.
Vi Share Price: Telecom operator VI shares are in the spotlight on Thursday, after its partnership with AST SpaceMobile for satellite connectivity. The latter provides space-based cellular broadband network accessibility directly by everyday smartphones for both commercial and government applications.
This partnership will bring together VI’s national network in India with AST SpaceMobile’s space-based cellular technology, which connects directly to everyday smartphones without the need of any specialized software or device support or update.
The partnership came on the heels of Musk SpaceX Starlink’s licence approval in India to launch its space-internet connectivity business.
Key Highlights:
Vi will collaborate with AST SpaceMobile to test satellite-to-mobile connectivity in India.
The partnership seeks to bring universal mobile coverage across India, with a focus on underserved regions.
The collaboration aligns with India’s Digital India mission and the goal of bridging the digital divide.
As India’s telecom market faces challenges in expanding connectivity to its last-mile users, especially in underserved and geographically difficult terrains, this alliance presents a leap forward.
Akshaya Moondra, CEO of Vodafone Idea Limited, said:
“We are excited to partner with AST SpaceMobile to explore the potential of satellite-based mobile connectivity in India. This technology has the potential to significantly improve coverage in areas where it is challenging to deploy terrestrial infrastructure.”
Abel Avellan, Chairman and CEO of AST SpaceMobile, added:
“We are thrilled to be working with Vi to expand our vision of bringing broadband to the billions who remain unconnected. This partnership in India is a major step toward realizing that goal.”
The companies are in the process of seeking necessary regulatory approvals and planning pilot trials in India.
Shares of VI fell 0.61 per cent to end at Rs 6.56 apiece, against the previous day close at Rs 6.60 apiece. In 2025, stocks cracked 18 per cent to drop from the high of over Rs 9 apiece .
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Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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