The passage of the Telecommunications Bill, 2023, in Parliament, and subsequent approval by the President, enabling the allocation of satellite airwaves, will expedite execution plans of key incumbents in India Bharti Group-backed One Web, Reliance's Jio Satellite Communications Ltd, and Elon Musk's Starlink-and entry of Amazon's Kuiper into the Indian market.
"One Web should launch sometime in the first half of next year," said Gopal Vittal, managing director and chief executive officer of Bharti Airtel, which will distribute One Web's satellite broadband services in India.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Making a compelling case for first-time tablet buyers
The Apple iPad mini has been upgraded for AI features at a time when buyer interest in tablets is rising again
Soon, a digital, AI-enabled twin of St Peters
A new way to search and other AI-powered marvels in the news this week
Wearables Can Now Help Women Fight Cancer
Wearable devices are the next big leap in the prevention and treatment of breast cancer through early detection and monitoring
AI adoption by law firms may result in a talent crunch
An AI takeover of entry-level work would mean fewer lawyers trained to do what AI cannot
Monetary policy must account for climate risks as well
To begin with, the trade-off between inflation and growth will get much harder to manage
Trump is stuck with the Fed's Powell. He should make peace
The US president-elect's best bet is to let the central bank do its job
Gig worker social security: India should aim for a perfect balance
Gig workers would get an optimal mix of flexibility and protection if India's 2020 social-security code is implemented well
Will routine investors in Indian stocks keep calm and carry on?
It's unclear how long equities can count on SIP-mutual-fund support if prices continue to weaken
Let corporate earnings lead the Indian market
How much further will our investor-population boom go? While retail demand for shares might have space for growth, let's not forget these assets are only as good as their earnings
BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS
Circumstances change, so your strategy should adapt to align with risks and financial goals