Categories: India

SpaceX organizes subsidiaries in India, plans to file a license

New Delhi: The richest person in the world of Musk – belonging to Muskx, Monday combines his company who is fully owned in India to start a local broadband operation, the company’s top officials said.
Starlink Arm Broadband Satellite Spacex aims to start broadband services in India from December 2022, with 2 Lakh active terminals subject to permission from the government.
“Glad to share that SpaceX now has a subsidiary owned by 100 percent in India.
His name is SSCPL – StarLink Satellite Communications Private Limited and the merging date is November 1, 2021.
Happy birthday, SSCPL.
We can now start applying for licenses, open bank accounts etc.
“Starlink Country Indian Director at SpaceX Sanjay Bhargava said at a social media post.
Starlink claims to have received more than 5,000 pre-orders from India.
The company wore a $ 99 or 7,350 deposit per customer and claimed to provide data speed in the range of 50 to 150 megabits per second in the beta stage.
The company service will compete with Reliance Jio, Bharti Airtel, Vodafone ideas in broadband and it will be a direct competitor to Oneweb supported by Bharti group.
The company wants to work in rural areas to provide broadband services.

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