Musk's win on India satellite spectrum raises prospect of price war with Ambani
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Should l Buy ?
Source: Reuters
Musk vs. Ambani in Satellite Broadband: Mukesh Ambani faces competition from Elon Musk's Starlink as India allocates satellite spectrum administratively, which could lead to aggressive pricing strategies from Musk, who has a significant satellite network compared to Reliance Jio's limited resources.
Market Dynamics and Internet Penetration: With India's vast telecom market and low internet penetration, Starlink aims to target underserved areas, while concerns remain about the sustainability of satellite services versus traditional terrestrial networks.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
