Reliance Says It Fears No Competition From Starlink but Insists on Indian Law

what happened

According to TradingView, Reliance Industries said it is not worried about competition from satellite communications providers, including the US-based Starlink. The company stressed that every market participant, Jio included, has to comply with Indian legislation and the regulatory framework.

Reliance said its own satellite services are still awaiting government approvals. It noted that the authorities apply the same procedure to every applicant, whether Indian or foreign.

The statement came days after Elon Musk accused "unnamed oligarchs" of blocking Starlink's entry into India. The communications ministry responded that operators must demonstrate compliance with security conditions before seeking spectrum assignment.

why it matters

For investors, the key issue is the regulatory timeline: delays in licences and spectrum allocation could postpone satellite service launches in India, a market where the largest telecom players already have huge subscriber bases. Expected timing for Starlink and Eutelsat OneWeb depends on decisions by Indian authorities.

market impact

Eutelsat and Reliance: slow approvals in India delay entry into the satellite communications market

tags

instruments