Skip to content
Search

Latest Stories

Amazon to apply for satellite communication license in India

Amazon has been actively working on this strategic initiative for almost two years

Amazon to apply for satellite communication license in India

AMAZON is in the final stage of applying for an operating license for its satellite communication (satcom) service, Project Kuiper, in India, reported the Mint.

It will provide 'fast, affordable broadband to unserved and underserved communities around the world,' with a constellation of more than 3,200 satellites in low Earth orbit (LEO).


This move follows in the footsteps of Elon Musk's Starlink, signaling a growing competition in the satellite communications industry in the country.

Sources close to the matter have revealed that Amazon is in advanced discussions with the Department of Telecommunications (DoT) to address potential challenges before formally applying for the license.

"Amazon plans to lodge the license application shortly and is hopeful of securing approval," a source told the media outlet.

The issuance of the license would empower companies to offer satellite-based internet services, benefiting sectors such as maritime and aviation communications.

An Amazon spokesperson emphasised the company's commitment to collaborating with the Indian government and local authorities to address connectivity gaps nationwide.

In the race for satellite internet dominance, competitors like Starlink and OneWeb, supported by Bharti Enterprises, have already entered the sector.

Additionally, Jio Satellite Communications, the satellite broadband subsidiary of Reliance Jio, obtained its license last year.

According to the report, Amazon has been actively progressing towards this strategic move for nearly two years.

Leveraging its extensive enterprise network, particularly through Amazon Web Services, the company aims to establish a significant presence in this rapidly growing market.

Currently, the sector is eagerly anticipating a clear resolution regarding the allocation of satellite spectrum.

While some support administrative allocation, others, such as Reliance Jio, are pushing for an auction-based approach.

This decision will significantly impact the competitive landscape within India's satellite communications industry.

More For You

Deliveroo posts first annual profit after 12 years

A Deliveroo rider near Victoria station in London, England. (Photo by Dan Kitwood/Getty Images)

Deliveroo posts first annual profit after 12 years

FOOD DELIVERY app Deliveroo announced on Thursday (13) its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.

The milestone follows sizeable full-year losses owing to high investment costs since American Will Shu founded the company in 2013 and made Deliveroo's first delivery in London.

Keep ReadingShow less
JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less