Battle of billionaires: Musk's Starlink eyes India, Ambani resists

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Battle of billionaires: Musk's Starlink eyes India, Ambani resists
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Elon Musk is eager to bring his Starlink satellite broadband to India, but the world's richest man faces strong resistance from Mukesh Ambani, who runs Indian telecom giant Reliance Jio.

For Ambani, keeping foreign competition at bay in satellite broadband will be another shot in the arm - his Reliance Jio already has 439 million telecom users, making it the market leader, and 8 million wired broadband connections, a 25% market share.satellite internet initiative, Project Kuiper, and the British government-backed OneWeb.

A second industry source said Reliance believes opening the floodgates to established foreign players like Starlink without an auction will allow them "runaway success" just like Amazon, which will hurt Indian firms and create an uneven playing field. Starlink says it is already authorised in 84 administrations around the world and has 1.5 million active users of its low-latency broadband services. Amazon plans to launch its first set of satellites in 2024.

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