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Reliance Jio and Bharti Airtel escalate rivalry as Bharti-backed OneWeb India, a part of Eutelsat Group, secures IN-SPACe approval for satellite broadband services. The milestone, following OneWeb's merger with Eutelsat, marks the first nod in India. IN-SPACe's approval is crucial for satellite service providers, enhancing competition in India's telecom sector.
Satcom License: After mobility, broadband-from-space services could be the next big battlefield between entities led by billionaire industrialists Mukesh Ambani who owns Jio Satellite and Sunil Mittal, whose Bharti Enterprises owns a majority stake in OneWeb. They will be pushed by the likes of Elon Musk’s Starlink and Amazon’s Project Kuiper, all of whom are trying to launch services quickly to get a first-mover advantage.