Elon Musk takes on Indian billionaires over satellite spectrum allocation

The fight over how India should allocate satellite broadband spectrum intensified on Tuesday as Elon Musk said any move by New Delhi to auction it, rather than allocate it, would be “unprecedented”, challenging the position of rival billionaires.

In what is seen as a battle between billionaires, the methodology of awarding spectrum for satellite services in India – a market set to grow 36% a year to reach $1.9 billion by 2030 – has been a contentious issue since last year.