Starlink deal: Regulatory, pricing woes outweigh positives for Airtel, RIL
By
Binu Mathew
India’s biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX’s Starlink satellite services to India. According to analysts, the move could boost India’s tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
They, however, cautioned that in the near term, ambiguity over regulatory clarity may keep upside in the stocks restricted.