NEW DELHI : Elon Musk is eager to bring his Starlink satellite broadband to India, but the world's richest man faces strong resistance from Mukesh Ambani, Asia's wealthiest, who runs Indian telecom giant Reliance Jio. Following a meeting with Indian Prime Minister Narendra Modi in the U.S. on Tuesday, Mus
NEW DELHI : Elon Musk is eager to bring his Starlink satellite broadband to India, but the world's richest man faces strong resistance from Mukesh Ambani, Asia's wealthiest, who runs Indian telecom giant Reliance Jio.
Starlink is lobbying India to not auction the spectrum but just assign licences in line with a global trend, saying it is a natural resource that should be shared by companies. An auction may impose geographical restrictions that will raise costs, it said in company letters made public by the Indian government this month.
The stakes are high for Musk. His push comes after a 2021 attempt to launch Starlink in India ran afoul of local regulators for taking bookings without a license, and just as he is in talks with India to set up a Tesla factory. Amazon declined comment. The Telecom Regulatory Authority of India, OneWeb and Starlink parent SpaceX, did not respond.AUCTION VS LICENSING
Ambani's Reliance Retail has locked horns with Amazon, but lags the U.S. rival in market share in the e-commerce space. Foreign satellite internet firms are concerned an auction by India will raise the likelihood of other nations following suit, increasing costs and investments, said one of the sources, an Indian adviser to a foreign company.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk to brief Modi on Tesla's India investment plans in US meeting-sourceTesla chief executive Elon Musk will directly brief Indian Prime Minister Narendra Modi on plans to set up a manufacturing base there, a source with direct knowledge said. The meeting, the first at a high level to discuss the expansion, will take place on Tuesday during Modi's state visit to the United St
Read more »
Musk to brief Modi on Tesla's India investment plans in US meeting: ReportTesla chief executive Elon Musk will directly brief Indian Prime Minister Narendra Modi on plans to set up a manufacturing base there, a source with direct knowledge said. The meeting, the first at a high level to discuss the expansion, will take place on Tuesday during Modi's state visit to the United Sta
Read more »
Tesla's Musk says eyeing significant India investments after meeting ModiMr Modi has invited Mr Musk to “explore opportunities in India', the foreign ministry tweeted. Read more at straitstimes.com.
Read more »
India vows to tackle heatwave deaths as temperature soarsHot spells are becoming harsher and more frequent across South Asia as a result of climate change. Read more at straitstimes.com.
Read more »
Paris air show: India centre stage as another big jet deal loomsPARIS : India was set to dominate the Paris Airshow for a second day on Tuesday, with Air India expected to finalise a whopping order for 470 planes from Airbus and Boeing, sources familiar with the matter said.That deal, sketched out in February, was at the time the largest ever announced by number of pl
Read more »