Prøve GULL - Gratis
Musk, Ambani Join Hands in Surprise Starlink Internet Deal
The Straits Times
|March 13, 2025
The two tycoons who had been at odds over airwaves to bring satellite services to India
-
NEW DELHI - Mr Mukesh Ambani's Reliance Jio signed a deal with Mr Elon Musk's SpaceX to bring Starlink satellite internet services to India, a surprise move from the billionaires after being at odds for months over how the country should grant them spectrum.
India's largest telecom operator will stock Starlink equipment in its retail stores, giving Starlink a direct distribution point in thousands of such outlets across the country.
Mr Musk, who is SpaceX's chief executive officer, and Mr Ambani had fought intensely over how airwaves should be assigned for satellite internet.
Reliance has been concerned that Mr Musk could dominate the telecom space once he launches his products, but the distribution deal will eventually see the Indian billionaire offering his rival's products in the fast-growing market, while also competing with them.
"While it has been surprising, it is a prudent strategy for Starlink to enter the India market and a win-win for all the parties involved earlier competing for the pie, and now cooperating and sharing," said Mr Neil Shah, co-founder of research firm Counterpoint.
Denne historien er fra March 13, 2025-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
MAIA WELCOMES MAIDEN KOREAN GROUP WIN ABOARD MUNHAK BOY
Ex-Kranji-based Brazilian hoop lands the Kookje Shinmun Cup
3 mins
October 28, 2025
The Straits Times
Chinese H-6K bombers fly near Taiwan ahead of Trump-Xi meet
A group of Chinese H-6K bombers recently flew near Taiwan to practise “confrontation drills”, Chinese state media reported late on Oct 26, publicising the action just a few days before the US and Chinese presidents are due to meet in South Korea.
2 mins
October 28, 2025
The Straits Times
Kohli, 36, fights an age-old battle: Talent v time
This is an old story. A story about talent, longevity and defiance. A story about how, for all the shining confidence of champions, time humbles them all. A story which starts by clarifying an untruth.
3 mins
October 28, 2025
The Straits Times
'MASSIVE WIN' MOST VALUABLE FOR ARTETA
Gunners overcome difficulty of beating Palace while on a tough stretch of games
3 mins
October 28, 2025
The Straits Times
IT'S ONE WEEKEND AT A TIME: NORRIS
Relaxed Briton to focus on himself as he leads by 1 pt from Piastri, with 4 races left
3 mins
October 28, 2025
The Straits Times
The 'sleeper issue' at the heart of Trump's trade war
How his govt decides the origin of goods could blow up laboriously negotiated deals
4 mins
October 28, 2025
The Straits Times
Not another work e-mail with exclamation marks!
It turns out there is less to worry about than you might think.
3 mins
October 28, 2025
The Straits Times
Anti-scam probe • S’pore firm sanctioned
Khoon Group, a Singapore investment holdings firm, has been sanctioned by the US Treasury’s Office of Foreign Assets Control over its links to Cambodian national Chen Zhi.
1 min
October 28, 2025
The Straits Times
Trump strikes deals on trade, critical minerals in S-E Asia
The United States signed a flurry of deals on trade and critical minerals with four Southeast Asian partners on Oct 26, looking to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.
2 mins
October 28, 2025
The Straits Times
S'pore, HK stand tall as prime hubs in Asia for family offices
Financial infrastructure, regulatory clarity part of cities' appeal amid geopolitical shifts
3 mins
October 28, 2025
Listen
Translate
Change font size

