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Musk’s victory in India may spark price war with Ambani

Musk’s victory in India may spark price war with Ambani

The central government announced on Tuesday that it will allocate spectrum for satellite broadband administratively, not through an auction. This decision comes after Elon Musk criticized the auction route proposed by rival billionaire Mukesh Ambani as ‘unprecedented’. Musk’s SpaceX has been making waves in the space industry with its Starlink satellite internet service, while Ambani’s Jio is a major player in the telecom sector.

The move to allocate spectrum administratively could pave the way for faster deployment of satellite broadband services in India. With both Musk and Ambani vying for a piece of the lucrative broadband market, the competition is heating up in the race to provide internet connectivity to remote and underserved areas.

This decision marks a strategic shift in how spectrum is allocated for broadband services in the country. It remains to be seen how this move will impact the future of satellite broadband in India and the larger telecom industry as a whole. Stay tuned for more updates on this evolving story.



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