-
ALSO READ
The space race is getting harder
Richard Branson vs Jeff Bezos: Who will really win this space race?
Best of BS Opinion: Welcome rethink on FTAs, space race is getting harder
Govt making efforts to democratise space technology: Jitendra Singh
1st uncrewed mission of Gaganyaan in Dec: It's race against time for ISRO
-
World's richest person Elon Musk-owned SpaceX on Monday incorporated its wholly-owned subsidiary in India to start local broadband operations, a top official of the company said.
SpaceX's satellite broadband arm Starlink aims to start broadband services in India from December 2022, with 2 lakh active terminals subject to permission from the government.
"Pleased to share that SpaceX now has a 100 per cent owned subsidiary in India. The name is SSCPL - Starlink Satellite Communications Private Limited and the incorporation date is Nov 1, 2021. Happy Birthday, SSCPL. We can now start applying for licenses, open bank accounts etc," Starlink country director India at SpaceX Sanjay Bhargava said in a social media post.
Starlink claims to have received over 5,000 pre-order from India.
The company is charging a deposit of USD 99 or Rs 7,350 per customer and claims to deliver data speeds in the range of 50 to 150 megabit per second in beta stage.
The services of the company will compete with that of Reliance Jio, Bharti Airtel, Vodafone Idea in broadband and it will be a direct competitor to Bharti Group-backed OneWeb.
The company is keen to work in rural areas for providing broadband services.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU