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00:02Elon Musk accused people with vested interests of blocking Starlink's launch in India to
00:06protect their hold over consumers, calling it a crime against the people of India, according
00:10to CNBC.
00:11Musk did not name rivals, but Reliance-owned GEO and Bharti Airtel together control more
00:16than 80 percent of India's telecom and internet service market.
00:20The Indian government rejected suggestions that its regulatory framework was unfair or
00:24discriminatory, saying licensees must demonstrate compliance with security conditions.
00:28SpaceX announced deals with GEO and Bharti Airtel last year to roll out Starlink internet
00:33services across India, but little progress has been made, and the service has yet to launch.
00:39CNBC contacted Airtel and Reliance Industries for comment.
00:42India has concerns about foreign involvement in satellite communications, including questions
00:47about Starlink's geofencing and data localization, according to CounterPoint Research's Neil
00:51Shah.
00:52For all things money, visit Benzinga.com
