Amazon Takes Aim At Musk's Starlink In India? Project Kuiper Seeks SatCom License
Portfolio Pulse from Shomik Sen Bhattacharjee
Amazon.com Inc (NASDAQ:AMZN) is reportedly preparing to enter India's satellite communications industry, potentially competing with Elon Musk's Starlink. The company is said to be close to seeking a satellite communications service operator's license for its Project Kuiper. This move would allow Amazon to offer satellite-based internet services in sectors such as maritime and aviation. Other competitors in this space include Starlink, OneWeb, and Jio Satellite Communications.
October 04, 2023 | 11:17 am
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Amazon's potential entry into India's satellite communications industry could provide a new revenue stream and diversify its business. However, it will face competition from established players like Starlink and Jio Satellite Communications.
Amazon's potential entry into the satellite communications industry in India could provide a new revenue stream and diversify its business. However, the company will face competition from established players like Starlink and Jio Satellite Communications. The outcome of the license application and the competitive dynamics of the industry will be key factors to watch.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100