Tuesday, 27 June, 2023
Musk, Tata, Mittal, Amazon vs. Ambani: A Battle of Billionaires for Satellite Spectrum
A fierce competition is underway between billionaire tycoons Elon Musk, Ratan Tata, Sunil Mittal, and Jeff Bezos' Amazon, on one side, & Mukesh Ambani on the other, for securing satellite spectrum rights. With ambitions to provide global connectivity through satellite networks, these industry leaders are vying for regulatory approvals & strategic partnerships to gain an edge in the satellite communications market. This intense battle reflects high stakes involved in capturing satellite spectrum.