Starlink Shakeup: Jio, Airtel ink separate pacts with Elon Musk’s SpaceX, telecom stocks in focus

Telecom sector is in focus now and the BSE Telecom Index is now down 2%. Key industry majors like Bharti Aitel are Jio are grabbing headlines on the back of individual deals signed with Elon Musk’s SpaceX to bring Starlink’s satellite-based high speed broadband services to the country.

Let’s break down the latest updates and how they could impact telecom stocks in the days ahead.