Musk's win on India satellite spectrum raises prospect of price war with Ambani
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Source: Reuters
Musk vs. Ambani in Satellite Broadband: Mukesh Ambani faces competition from Elon Musk's Starlink as India allocates satellite spectrum administratively, which could lead to aggressive pricing strategies from Musk, who has a significant satellite network compared to Reliance Jio's limited resources.
Market Dynamics and Internet Penetration: With India's vast telecom market and low internet penetration, Starlink aims to target underserved areas, while concerns remain about the sustainability of satellite services versus traditional terrestrial networks.
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.
