India’s richest billionaires are fast catching up while #ElonMusk struggles for satellite broadband licence
#MukeshAmbani #RelianceJio
businessinsider.in/business/telec…
By @jainrounak
@jainrounak Elon Musk’s #Starlink has also been trying to enter the Indian market but was asked to refund the pre-orders that it had accepted as the company has not secured a license to operate in the second largest telecom market in the world.
#ElonMusk
@jainrounak In the meantime, India’s biggest billionaires like Mukesh Ambani and Sunil Mittal have found their respective partners to launch their own satellite broadband services.
#ElonMusk #Starlink
@jainrounak Reliance Jio, owned by Ambani, has formed a joint venture (JV) with SES, a satellite-based content and connectivity solutions provider from Luxembourg.
#ElonMusk #Starlink
@jainrounak Nelco, an arm of the multi-billion dollar Tata Group, is also reportedly in talks with Canadian firm Telesat’s Lightspeed brand to offer satellite broadband services in the country by 2024.
#ElonMusk #Starlink
@jainrounak Another player that is looking to enter the satellite-based broadband services market in India is Amazon as part of Project Kruiper satellite constellation.
#ElonMusk #Starlink
@jainrounak Satellite broadband uses satellites orbiting the earth to provide internet services to people using a dish. Unlike traditional broadband services, satellite broadband does not require users to get a wired connection from the operators.
#ElonMusk #Starlink
@jainrounak Satellite broadband services are already available in countries like the US and UK. #ElonMusk’s #Starlink is currently testing its services in 25 countries, including the US, UK, Canada and France among others.
@jainrounak In November 2021, the Telecom Regulatory Authority of India (TRAI) had issued a consultation paper on establishing a licensing framework for satellite gateways which are required to offer broadband services using satellites.
#ElonMusk #Starlink
@jainrounak In addition to #Starlink, the UK also has other players such as OneWeb, which is partially owned by Airtel.
#ElonMusk
@jainrounak Jio Satellite Communications, Jio’s satellite unit had applied for a global mobile personal communication by satellite services (GMPCS) license to offer satellite-based broadband services in India earlier this month.
#ElonMusk #Starlink
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.