TELUS Partners with AST SpaceMobile to Expand Satellite-Based Cellular Coverage Across Canada

Core Insights - TELUS Corporation is recognized as one of the 14 best dividend stocks to invest in under $50 [1] - TELUS has entered a commercial agreement with AST SpaceMobile to enhance cellular broadband coverage across Canada [2] Group 1: Partnership and Investment - Under the agreement, TELUS will invest in ground-based satellite infrastructure and become an equity shareholder in AST SpaceMobile, aiming to strengthen long-term collaboration [3] - The service is expected to launch in late 2026, allowing TELUS customers to send texts, make calls, and use data in remote areas of Canada [3][4] Group 2: Connectivity and Network Expansion - The partnership supports TELUS' broader initiative to improve nationwide connectivity, including the expansion of faster 5G+ and LTE speeds to both rural and urban communities [5] - TELUS operates in over 45 countries, generating more than $20 billion in annual revenue and supporting over 21 million customer connections through various broadband services [6]