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Home World USA

Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum ‘unprecedented’

15 October 2024
in USA
0
Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum ‘unprecedented’
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Starlink CEO Elon Musk criticized India’s plan to auction satellite broadband spectrum rather than allocate it, calling it “unprecedented” in response to Mukesh Ambani’s push for an auction. The dispute between the billionaires centers on whether licenses should be administratively allotted or auctioned, with Ambani arguing for the latter to ensure fair competition. The Indian regulator’s decision on spectrum assignment for satellite services has sparked controversy, with Musk advocating for administrative allocation while Ambani pushes for an auction process, intensifying the rivalry between the two.

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Tags: AmbaniauctioncallsindialobbyingmoveMuskReactssatellitespectrumunprecedented
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