Reliance welcomes Starlink competition while noting its own satellite services await clearance
Mukesh Ambani's Reliance Industries issued a statement on Friday welcoming Elon Musk's Starlink as it prepares for a record IPO.
Reliance responds to Musk accusations
The conglomerate stated it welcomes competition from the SpaceX chief in India's satellite internet market. This marks its first public reply to claims that Reliance is blocking Starlink's launch efforts. The statement did not name Musk directly but addressed recent remarks about the Indian market.
Jio faces regulatory hurdles
Reliance noted that its own satellite services are currently waiting for government clearances similar to those required by Starlink. Jio Platforms holds over 530 million customers and operates as the largest mobile operator in the nation. The digital unit seeks a valuation of $108 billion in its upcoming initial public offering.
Starlink confirms readiness for launch
The satellite internet provider said it has worked with Indian regulators and built dedicated infrastructure in the country. Starlink stated it has obtained the required government approvals to connect India with high-speed internet services. Musk responded to Reliance's comments by posting that he appreciated their statement.
2 outlets, different leads
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Business Recorder
Ambani's Reliance welcomes Starlink competition in first response to Musk
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Dawn
Indian billionaire Ambani's Reliance breaks silence on Musk, says Jio awaits same clearances as Starlink
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2 independent outlets. Headlines as published. Links open the original report.