Mukesh Ambani will take the place of Elon Musk..!?
Brandband
service through satellite is becoming very important, which is becoming popular all over the world. Especially during the Russia-Ukraine war, the Starlink
service of Elon Musk's company SpaceX helped a lot. Meanwhile,
mukesh Ambani's
reliance jio is going to provide the same service. The central government-run telecom department has approved
reliance jio to provide broadband connectivity through satellite without any cable connection in India.
With this,
reliance jio has officially entered this segment to compete with Airtel. For this
service,
reliance jio not only created a separate company called
jio Satellite Communications Ltd (JSCL) but through this company, it applied to the Telecom Department to get a Global
mobile Personal Communications by Satellite
services license.
Reliance
jio is the 2nd company approved by the Telecom Department of the
central government to provide Internet connectivity through satellite in India. The first is Airtel's investment-backed OneWeb, the country's 2nd largest telecom company. Elon Musk was rejected due to space code violations.
In early 2022,
mukesh Ambani's
akash Ambani-led
jio Platforms formed a 51:49 joint venture with Luxembourg-based SES, a global satellite communications company, to form
jio Space Technology.
Jio created a company called Space
technology to provide internet
service through satellite in India. Such
service has created new opportunities not only in telecom
service in
india but also in the space research sector.