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Can ASTS Turn Brazil's Spectrum Approval Into a Growth Opportunity?
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Key Takeaways
ASTS gains access to 30 MHz of S-band spectrum and up to 20 MHz of 700 MHz spectrum in Brazil.
The company plans four ground gateways to connect BlueBird satellites with existing mobile networks.
ASTS network has over 60 mobile operator partners serving more than 3 billion subscribers.
AST SpaceMobile (ASTS - Free Report) is expanding its satellite-based mobile services in Brazil after receiving spectrum authorization from Anatel, the country’s telecom regulator. The approval allows the company to use 30 MHz of S-band spectrum and access up to an additional 20 MHz in the 700 MHz band for secondary use through agreements with four regional mobile operators, within their respective licensed areas.
AST SpaceMobile plans to use this spectrum to deliver calls, Internet and video directly to regular smartphones, including in areas without terrestrial mobile coverage. With Brazil’s population exceeding 210 million and many highways and agricultural regions lacking connectivity, the company aims to reach underserved communities through its satellite network.
The company intends to invest in four ground gateways in Brazil to connect its BlueBird satellites with existing mobile networks. These facilities will support data transmission between satellites and ground networks, with service availability depending on satellite capacity, infrastructure deployment, network integration and regulatory approvals.
AST SpaceMobile’s growing presence in Brazil builds on its global network of more than 60 mobile network operator partners collectively serving over three billion subscribers. The initiative marks another step toward the company’s goal of making satellite-based cellular broadband an additional part of global telecommunications networks.
How Are Other Competitors Advancing in Satellite Communication?
AST SpaceMobile faces competition from Globalstar, Inc. (GSAT - Free Report) and Viasat, Inc. (VSAT - Free Report) . Globalstar received FCC approval to operate its next-generation C-3 satellite system, which is designed to support direct-to-smartphone connectivity. The company has launched eight HIBLEO-4 replacement satellites to strengthen its low Earth orbit network. Globalstar is upgrading its ground infrastructure to improve network capacity and support future satellite communication services.
Viasat is expanding its satellite communication capabilities, with its ViaSat-3 F3 satellite supporting broadband services across the Asia-Pacific region and ViaSat-3 F2 serving the Americas. The company is developing advanced satellite communication technology to improve data transmission between spacecraft and Earth. Viasat is working to increase satellite network capacity and coverage to support broadband connectivity, mobility services and reliable communications across remote areas.
ASTS’ Price Performance, Valuation and Estimates
AST SpaceMobile shares have lost 48% over the past year compared with the industry’s decline of 3.5%.
Image Source: Zacks Investment Research
From a valuation standpoint, AST SpaceMobile trades at a forward price-to-sales ratio of 30.26, well above the industry average of 4.64.
Image Source: Zacks Investment Research
Estimates for 2026 have declined 5.7% to a loss of $2.4 per share over the past 60 days, while the same for 2027 has decreased 26% to a loss of $1.2 per share.
View the Zacks #1 Rank List
Image: Bigstock
Can ASTS Turn Brazil's Spectrum Approval Into a Growth Opportunity?
Key Takeaways
AST SpaceMobile (ASTS - Free Report) is expanding its satellite-based mobile services in Brazil after receiving spectrum authorization from Anatel, the country’s telecom regulator. The approval allows the company to use 30 MHz of S-band spectrum and access up to an additional 20 MHz in the 700 MHz band for secondary use through agreements with four regional mobile operators, within their respective licensed areas.
AST SpaceMobile plans to use this spectrum to deliver calls, Internet and video directly to regular smartphones, including in areas without terrestrial mobile coverage. With Brazil’s population exceeding 210 million and many highways and agricultural regions lacking connectivity, the company aims to reach underserved communities through its satellite network.
The company intends to invest in four ground gateways in Brazil to connect its BlueBird satellites with existing mobile networks. These facilities will support data transmission between satellites and ground networks, with service availability depending on satellite capacity, infrastructure deployment, network integration and regulatory approvals.
AST SpaceMobile’s growing presence in Brazil builds on its global network of more than 60 mobile network operator partners collectively serving over three billion subscribers. The initiative marks another step toward the company’s goal of making satellite-based cellular broadband an additional part of global telecommunications networks.
How Are Other Competitors Advancing in Satellite Communication?
AST SpaceMobile faces competition from Globalstar, Inc. (GSAT - Free Report) and Viasat, Inc. (VSAT - Free Report) . Globalstar received FCC approval to operate its next-generation C-3 satellite system, which is designed to support direct-to-smartphone connectivity. The company has launched eight HIBLEO-4 replacement satellites to strengthen its low Earth orbit network. Globalstar is upgrading its ground infrastructure to improve network capacity and support future satellite communication services.
Viasat is expanding its satellite communication capabilities, with its ViaSat-3 F3 satellite supporting broadband services across the Asia-Pacific region and ViaSat-3 F2 serving the Americas. The company is developing advanced satellite communication technology to improve data transmission between spacecraft and Earth. Viasat is working to increase satellite network capacity and coverage to support broadband connectivity, mobility services and reliable communications across remote areas.
ASTS’ Price Performance, Valuation and Estimates
AST SpaceMobile shares have lost 48% over the past year compared with the industry’s decline of 3.5%.
Image Source: Zacks Investment Research
From a valuation standpoint, AST SpaceMobile trades at a forward price-to-sales ratio of 30.26, well above the industry average of 4.64.
Image Source: Zacks Investment Research
Estimates for 2026 have declined 5.7% to a loss of $2.4 per share over the past 60 days, while the same for 2027 has decreased 26% to a loss of $1.2 per share.
Image Source: Zacks Investment Research
AST SpaceMobile currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.