Win for Musk's Starlink as India Says No to Spectrum Auction Pitch from Ambani, Mittal.

Elon Musk's Starlink Inc. has secured a victory in India's satellite broadband market as the government has decided to allocate spectrum rather than auction it, contrary to the wishes of local billionaires Mukesh Ambani and Sunil Mittal. The telecom minister stated that satellite broadband spectrum cannot be given for free, and pricing will be overseen by the local regulator. This decision has sparked a battle between foreign firms like Starlink and local wireless operators, with concerns about potential subscriber losses for Reliance Jio and Bharti Airtel. The government's move seems to favor Starlink, prompting reactions from Ambani and Mittal advocating for auctions to ensure a level playing field. [Extracted from the article]