00:00In India, two billionaires are facing each other over satellite space. One is Mukesh Ambani and the other is Elon Musk.
00:11Both want to take over the Indian satellite market. But this fight is not so easy.
00:17Although everyone is trying to control it in their own way.
00:21So how can this fight be won?
00:24We will tell you the reason behind it in this video.
00:28Elon Musk's satellite internet service Starlink is still ahead in this.
00:33This is because Starlink has been working on this technology for a long time.
00:39While Jio has the advantage that it already knows the Indian market.
00:43The administrative route has been adopted by the Indian government.
00:47And to get satellite broadband, both billionaires will have to follow this route.
00:53Jio has already got the license, while Starlink is waiting for the license.
00:57Instead of playing field, Jio wants the government to adopt the auction route.
01:02That is, the company that wants the spectrum should become a part of the auction.
01:05While Musk is strongly against the auction route.
01:09In India, the whole picture can change with the help of satellite internet.
01:13Because it is a super fast internet that works without a sim card.
01:17That is, users get fast internet, but it can also be used in any corner of the world.
01:24It is also clear from the name that this whole network will be controlled with the help of satellite.
01:29For now, such areas will be targeted with the help of it, where there is no cable or DSL service.
01:34So far, everyone's eyes are on the price of the spectrum.
01:37According to ICRA, by 2025, the number of satellite internet subscribers in India can be 2 million.
01:44That is, this market is going to boom very fast.
01:47And all countries will benefit from it.
01:49So far, Jio's one-sided pressure is visible in the two Indian telecom markets.
01:53In this, everyone's eyes are on it.
01:55Jio is going to play an important role in this.
01:57Because apart from Jio, there are many other big players.
02:00But Jio has made it clear that it is going to face India's satellite broadband spectrum market.
02:06For this, Jio has joined hands with Luxembourg's leading satellite operator SES Astra.
02:12Actually, Jio wants no other foreign company to enter the Indian market.
02:16Starlink is far ahead in this matter.
02:19Because about 6500 satellites have been launched by Musk's company.
02:234 million subscribers have been made in 100 countries.
02:26In this, Elon Musk can directly challenge Jio openly.
02:30Recently, Starlink's satellite trial has been completed in New Zealand.
02:34And let me tell you that in India, the benefit of Starlink service will be found in rural areas as well as urban areas.
02:40Internet connectivity will be provided in those areas.
02:43The biggest advantage of this will be that there will be no need for mobile fiber.
02:47However, the problem with this is that the service will be very expensive.
02:51And the price will prove to be a game-changer for all this.
02:54Therefore, in view of the price, it may be expensive for Starlink to compete with Jio.
02:59So what is your opinion on this? Tell us in the comment box.
03:01And keep watching GoodReturns for such updates.
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