Government Sidelines Auction Method Backed By Ambani And Mittal, After Elon Musk’s Objection
16 Oct 2024
The Indian government has decided to allocate satellite communication (satcom) spectrum through an administrative process, bypassing the auction method that was strongly advocated by industry leaders Mukesh Ambani and Sunil Bharti Mittal. This decision follows objections from Elon Musk, CEO of Starlink, who criticized Reliance Jio's push for an auction....
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