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India allocates satellite spectrum to boost competition, favoring Starlink over Reliance Jio.
India will allocate satellite spectrum instead of auctioning it, aiming to give consumers more choices.
This decision favors Elon Musk's Starlink over Mukesh Ambani's Reliance Jio, which advocated for an auction.
The administrative allocation is seen as a way to prevent favoritism and ensure competition, as auctions might deter foreign players due to high costs.
Analysts predict India's satellite broadband market will be worth $1.9 billion by 2030, attracting major players.
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India asigna espectro de satélite para impulsar la competencia, favoreciendo Starlink sobre Reliance Jio.