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Musk says Starlink pricing in India must stay affordable
Business Standard··22h ago
SpaceX founder Elon Musk said on X that Starlink services in India must be affordable because no one will buy them otherwise. He argued competition would give Indian consumers more choices while Reliance profits would fall but the group would not exit business. His posts followed criticism of delays in Starlink's India entry and a public row with Reliance.
Prism
What It Means For You
- Households and small businesses in low-connectivity areas would face Starlink's retail price once services launch.
- Jio Platforms is preparing an IPO that media reports have valued above $100 billion.
- Starlink, OneWeb and Jio Satellite hold licences awaiting security clearances, Business Standard reported.
What's Happening
- Musk accused online supporters of Mukesh Ambani of contradictory arguments about Starlink competition.
- Telecom Minister Jyotiraditya Scindia said India does not allow monopolies in satellite communications.
- Former NITI Aayog vice-chairman Rajiv Kumar urged using the $145 billion USO fund to fund rival satellite networks.
Satcom licensing in India
- The communications ministry called the authorisation framework fair and non-discriminatory last week.
- Nishikant Dubey, who chairs Parliament's IT committee, responded that India will not change security policy under social media pressure.
- Amazon Leo would face the same licensing process if it seeks entry, Scindia said.
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