BUSINESS
Mukesh Ambani's Reliance Jio has been vocal about the need to allocate such spectrum through an auction to give a level playing field to legacy operators.
Hours after India announced that satellite spectrum will not be auctioned, Starlink and Tesla CEO Elon Musk appreciated the decision, saying he is looking forward to serving Indians. Musk thanked Telecom Minister Jyotiraditya Scindia for not agreeing with Indian businessmen Reliance Industries chairman Mukesh Ambani and Bharti Airtel chairman Sunil Bharti Mittal on auctioning spectrum for satellite services. "Much appreciated! We will do our best to serve the people of India with Starlink," he said in a tweet.
Much appreciated! We will do our best to serve the people of India with Starlink.
— Elon Musk (@elonmusk) October 15, 2024
The world's richest man, Musk, has taken on two Indian billionaires over the allocation of spectrum used in wireless communication using satellites, calling their demand for the auction of such airwaves "unprecedented". Reliance Jio recently sought a revision of a consultation paper on recommending norms for "terms and conditions for the assignment of spectrum for certain satellite-based commercial Communications services".
"We have received a reference from the Telecom Department and we have initiated a consultation process in response to the reference that has been received from DoT, and it covers issues that have been referred to Trai by the DoT...The consultation process is on, we will consider all inputs and views that are received during the consultation process and we will come out with our considered recommendations," Trai Chairman Anil Kumar Lahoti told reporters on the sidelines of IMC on Tuesday.
Asked about the demand by Reliance Jio that the Trai consultation paper be revised to ensure a level playing field between terrestrial and satellite players, the Trai chairman said, "Different stakeholders raise different demands on the consultation process, and we consider all these viewpoints and inputs and take a considered view".
While Ambani's Reliance Jio has been vocal about the need to allocate such spectrum through an auction to give a level playing field to legacy operators who buy airwaves and set up infrastructure like telecom towers, Mittal on Tuesday articulated the need for satellite companies harbouring any headwinds urban ambitions to buy spectrum as telecom companies do.
Musk-led Starlink is demanding administrative allotment of licences in line with the global trend as it looks to tap into the world's fastest-growing mobile telephony and internet market. This has found some backing in Telecom Minister Jyotiraditya Scindia, who said on Tuesday that such airwaves will be given out through administrative allocation and not auctioned.
(With inputs from PTI)
Pregnant woman says Ola driver threatened to kill her unborn baby: 'Tere pet mein...'
MS Dhoni should join us in our commentary box after this game, he has lost cricket: Matthew Hayden
Born rich to self-made: Meet world’s youngest billionaires of 2025
Happy Ram Navami 2025: Best wishes, messages, images, greetings and quotes to share
Scarlett Johansson’s alleged stalker arrested for threatening to bomb Saturday Night Live
Who is Raj Angad Bawa, Rohit Sharma’s replacement in IPL 2025, he was bought by MI for…
'Instant Karma': Man pulls Nile crocodile's tail in viral video, regrets it later, see why
MS Dhoni is NOT going to retire, Stephen Fleming has definite answer after CSK vs DC match
Isha Ambani, Shloka Mehta show how to ace ethnic wear at awards ceremony, watch
Meet man, IIM alumnus who is set to lead Rs 147000 crore company that makes Fevicol, he is...
GBSHSE Goa Board Class 10 SSC Result 2025 date announced: Check time, steps to check
Abhishek Bachchan loses cool at paparazzi at Manoj Kumar's funeral, video goes viral - Watch
Ram Navmi 2025: Chef shows how to prepare Lord Ram's favourite drink, shares step-by-step guide
Tata Capital's BIG move, files papers at SEBI for mega Rs 150000000000 IPO; Check details here
What causes that sudden electric shock when you touch someone
MS Dhoni to retire from IPL? Netizens speculate as CSK legend's parents make rare Chepauk appearance
Baba Vanga gives chilling of tsunami in..., what was he doing earlier in life
Is Indian designer Sabyasachi taking over as creative director of Balenciaga? Here’s the truth
Woman, 27, dies by suicide, leaves behind suicide note: 'Chhodna mat usko'
Priyanka Chopra turns heads in cape-sleeved top, draped skirt worth Rs....; WATCH video
Meet woman who once worked at Goldman Sachs, now joins Azim Premji's Wipro in key role as...
Loveyapa OTT release: Here's where you can watch Junaid Khan, Khushi Kapoor-starrer romantic comedy
Not MI skipper Hardik Pandya, Tilak Varma's Retire Out decision against LSG was taken by THIS man
MBOSE SSLC Result 2025 DECLARED: Meghalaya Class 10th toppers list, pass percentage, scorecard
Salman Khan goes to Baahubali writer, meets V. Vijayendra Prasad for...? Here's what we know
Do you know who was real owner of Kohinoor diamond long before Mughals and British? Answer is...
Hardik Pandya creates unwanted record in LSG vs MI match, becomes first IPL captain in history to...
India caught in crosswinds of US aerospace tariffs
IPL trivia: When Preity Zinta, Sandeep Sharma roasted Glenn Maxwell in dressing room | Watch video
100 best food cities in the world 2024-25: 6 Indian cities feature on list; THIS one is in Top 10
MS Dhoni to return as CSK captain in IPL 2025? Reports claim...
Bank Holiday today: Are banks open or closed on April 5, 2025? Here's all you need to know
Taj Mahal earned over Rs 98 crore through ticket sales in FY24, Qutub Minar, Red Fort earned Rs...
Chaitra Navratri Ashtami 2025: Top 10 wishes, shubh muhurat, vidhi for kanya puja and more
Man in Karnataka serves 1.5 years in jail for 'murdering' wife, she turns up alive in court
OpenAI's ChatGPT can now create fake Aadhaar and PAN cards: Will cybercrimes increase due to it?
Mukesh Ambani takes BIG step as Reliance Jio’s free JioHotstar subscription is available until...
'We do not want TikTok to go dark': Donald Trump extends deadline by 75 days
Kareena Kapoor Khan reveals her fitness and beauty secrets: 'works on my own rather....'
‘Omg she is just so smooth’: Mom-daughter duo’s dance to ‘Ramta Jogi’ takes internet by storm