World’s richest person Elon Musk-owned SpaceX has incorporated its wholly-owned subsidiary in India to start local broadband operations. 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.
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 megabits per second in the 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.
Important takeaways for all competitive exams:
To fine-tune India’s monetary policy based on real-time household sentiments, the RBI has initiated three…
Amid rising tensions with Pakistan following the Pahalgam terror attack, India has overhauled its National…
On April 29, 2025, the Maharashtra government successfully purchased the iconic sword of Raghuji Bhosale…
The Supreme Court's ruling to calls for the revision of digital KYC norms to accommodate…
In a groundbreaking move, Nvidia CEO Jensen Huang unveiled a $500 billion plan to establish…
World Tuna Day, sponsored by the United Nations, is observed annually on May 2 to…
