AST SpaceMobile Receives Brazil’s National Telecommunications Agency Authorization For Secondary Use Of Spectrum In 700 MHz Band

AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced significant progress toward bringing space-based cellular broadband to Brazil, Latin America’s largest economy.

AST SpaceMobile has secured S-band spectrum authorization from Brazil’s National Telecommunications Agency (Anatel), as well as regulatory approval for the secondary use of spectrum in the 700 MHz band. In addition, the Company signed agreements with four regional mobile network operators and unveiled plans to install ground infrastructure in the country to support connect-anywhere capabilities for the more than 200 million handset lines in Brazil.