Live Terminal
Telegram
#RELIANCE

Satcom row: Starlink says India infra has govt approvals, ready for launch

Share on WhatsApp Telegram
⚡ Instant Key Takeaways (TL;DR)
🎯
Core Development: Satcom row: Starlink says India infra has govt approvals, ready for launch
📊
Market & Financial Impact: Musk-led Starlink says it has built dedicated infrastructure with requisite govt approvals after Reliance Industries welcomed satcom competition but stressed that all operators must comply with laws
💡
Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Starlink further said it was ready to connect India with high-speed internet (Photo: Reuters)

Starlink's post on X also tagged Reliance Industries' statement issued earlier Friday, in which the Mukesh Ambani-led company said it welcomed competition in satellite communications, including from Starlink, but stressed that all players must comply with Indian laws.

Starlink responded on X saying: "We have worked closely with regulators, industry and operators in India for 5+ years, and built a network of dedicated systems, gateways, and other infrastructure all in-country to exclusively serve Indian traffic safely and securely - and all with the requisite government approvals." Starlink further said it was ready to connect India with high-speed internet.

Friday's exchange comes amid a public spat over competition in India's satellite communications market, with Musk criticising the country's satcom landscape and raising questions about the competitive environment. Reliance said it sees a competitive market as the true test of which player serves customers best, and asserted that every company operating in India must follow the law.

"At Reliance, we have never feared competition. We see it as the truest test of who serves the customer best," the company said in a statement.

📰
Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
⚡
Get Breaking Stock Alerts & Q-Results on Telegram
Real-time 1200x675 image cards and financial filings delivered instantly.
Join @Zerolive_news ↗
Link copied to clipboard! ✅