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Tuesday, October 15, 2024

Musk vs Indian telcos: Jio, Airtel want fgn satcom players to bid for spectrum

At the India Mobile Congress, Jio's Akash Ambani and Airtel's Sunil Mittal raised concerns about foreign companies gaining easier market access. Ambani emphasized the need for local data storage, while Mittal argued that international satellite players like Starlink should buy spectrum through auctions like domestic firms. This highlights the brewing competition between local telecoms and global giants.

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Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...