Reliance says it has ‘never feared competition’ and welcomes satellite players, including Musk’s Starlink
Executive Brief • Key Highlights
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- ✓Reliance Industries said on Friday it welcomed competition in satellite broadband, including from Starlink.
- ✓The company noted that all players must follow the same regulatory process.
- ✓Reliance said, “We have never feared competition.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Synopsis
Reliance Industries expressed its openness to competition in the satellite broadband market, including Starlink. The company emphasized the need for all players to adhere to the same regulatory processes and laws. Reliance stated that it has never shied away from competition, drawing parallels to its own entry into the telecom sector. Jio has established a significant customer base by providing affordable digital services throughout India.
Reliance Industries said on Friday it welcomed competition in satellite broadband, including from Starlink, days after Elon Musk escalated his criticism of the Mukesh Ambani-led conglomerate and urged it to allow Starlink to compete in India.
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The Economic Times
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