Elon Musk Takes On Mukesh Ambani Over Satellite Spectrum
- by ndtvprofit
- Oct 16, 2024
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16 Oct 2024, 11:49 AM IST
16 Oct 2024, 09:56 AM IST
16 Oct 2024, 11:49 AM IST
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The minister said he is very confident that TRAI will come up with the best pricing that should be adopted, provided that it is being given in an administrative manner.
"Satellite spectrum across the world is allocated administratively. So, India is not doing anything different from the rest of the world. Conversely, if you do decide to auction it then you would be doing something, which is different from the rest of the world," the minister said.
Pointing out that satellite spectrum is a shared airwaves, Scindia said, "If the spectrum is shared then how can you price it individually".
Musk first termed the demand made by Jio last week for shunning sector regulator TRAI's consultation paper on satellite broadband being allocated and not auctioned as "unprecedented", and when Mittal on Tuesday in the presence of Prime Minister Narendra Modi favoured bidding as the route, he asked if it was "too much trouble" to allow Starlink to provide internet services in India.
This is perhaps the first time that Musk, whose networth of $241 billion is more than the combined wealth of Ambani, Mittal and Gautam Adani, has spoken directly against demands for a level playing field made by the Indian firms.
Speaking at the India Mobile Conference, Mittal, who heads India's second largest telecom firm Bharti Airtel, said existing telecom companies will take satellite services into the remotest parts.
"And those satellite companies, who have ambitions to come into urban areas, serving retail customers, just need to pay the telecom licenses like everyone else. They are bound to the same conditions.
"They need to buy the spectrum as the telecom companies do, and need to pay the license as the telecom companies do, and also secure the networks of the telecom companies," he said.
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