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Elon Musk blames establishment for delaying Starlink launch in India

CNBC ·

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  1. 1Elon Musk accused the establishment of blocking the Starlink launch to maintain their monopoly.
  2. 2Companies holding over 80% market share in India's telecom and internet services market, Jio and Airtel, were mentioned.
  3. 3New Delhi regulators froze Starlink's approval in June citing security concerns.

So what's the key point?

Elon Musk said existing telecom companies are obstructing Starlink's entry into India to protect their positions. The business is being delayed as Indian regulators have postponed approval due to security issues.

Source CNBC · View original ↗

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