Ambani's Reliance asks India to review reach of Musk's Starlink, Amazon
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Reliance has requested India's telecom regulator to review the potential reach of Elon Musk's Starlink and Amazon's Kuiper before awarding satellite spectrum, expressing concerns that local players might be adversely affected.
November 15, 2024 | 3:00 pm
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Amazon's Kuiper project is under scrutiny by Reliance, which has asked India's telecom regulator to review its potential reach before awarding satellite spectrum.
Reliance's request for a review of Amazon's Kuiper project by India's telecom regulator could lead to regulatory delays or changes in spectrum allocation, impacting Amazon's plans in India. However, the immediate impact on Amazon's stock price is uncertain, as the review process and its outcomes are not yet clear.
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IMPORTANCE 70
RELEVANCE 80