Vodafone Idea is in exploratory talks with various satellite communication providers, including Starlink, the company said on Wednesday, a week after the Indian telecom firm’s rivals signed deals with Elon Musk’s company.<\/p>\n
The mobile operator made the disclosure after Indian stock exchanges sought a clarification on its stock move and a report by local financial news website Moneycontrol earlier in the day.<\/p>\n
Shares of Vodafone Idea rose nearly 5% on Wednesday.<\/p>\n
“Our strategy is to provide services — whether fixed or mobile — in uncovered areas, where satellite makes perfect sense,” Vodafone Idea Chief Technology Officer Jagbir Singh told Moneycontrol, as per the report.<\/p>\n
“The other (strategy) is to provide fixed wireless broadband in rural areas and smaller towns, where it is expensive to roll out such services.”<\/p>\n
Last week, Elon Musk’s SpaceX signed deals with Bharti Airtel and Reliance Jio to bring Starlink’s internet services to India.<\/p>\n
As part of the deals, the Indian operators will stock Starlink’s equipment in their retail stores, giving the US-based satellite communication firm a direct distribution point in thousands of such outlets across the country.<\/p>\n
The deals will be conditional on Starlink obtaining government approval to begin operations in the country.<\/p>\n
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n
\u200bLast week, Elon Musk’s SpaceX signed deals with Bharti Airtel and Reliance Jio to bring Starlink’s internet services to India.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
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