After Musk-Ambani tussle, India bets satellite spectrum policy can attract many companies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2025
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Source: Reuters
India's Satellite Spectrum Allocation: The Indian government has decided to allocate satellite spectrum administratively instead of through auctions, aiming to enhance consumer choice and support foreign competitors like Elon Musk's Starlink, despite concerns from Reliance Jio's Mukesh Ambani about potential market disadvantages.
Market Dynamics and Future Prospects: With India's satellite broadband market projected to reach $1.9 billion by 2030, the telecom minister emphasized the need for continuous technological evolution while acknowledging ongoing reviews of licenses for Starlink and Amazon Kuiper to launch services in India.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
