Mukesh Ambani inks big deal with Elon Musk, Jio joins hands Starlink to provide...., plans dedicated...
In a major development that could reshape India's internet landscape, Reliance Jio is preparing to offer SpaceX's Starlink hardware across its extensive retail network. This collaboration is part of a broader partnership between the Mukesh Ambani-led company and Elon Musk's SpaceX, aimed at bringing satellite-powered broadband services to Indian users. The announcement came during Jio Platforms' latest quarterly earnings update, where the company confirmed it will roll out Starlink equipment in its stores once SpaceX receives the required regulatory clearances to operate in India. Beyond sales, Jio is also setting up a dedicated support system to assist customers with Starlink installations and activations.
Interestingly, Jio is not the only telecom major aligning with Starlink. Rival Bharti Airtel has also entered into a similar agreement with the satellite internet provider. However, with Jio's unmatched retail footprint and aggressive market approach, analysts believe it may have the upper hand in scaling Starlink access to deeper corners of the country.
The partnership is expected to be particularly transformative for rural and remote regions, where traditional internet infrastructure often falls short. By combining Jio's last-mile connectivity with Starlink's low-earth-orbit satellite technology, the companies aim to bridge the digital divide in underserved areas.
The potential for growth is immense. According to industry experts, integrating Starlink into Jio's current product suite—rather than offering it as a standalone premium service—could drastically bring down its cost and boost adoption. With flexible payment options and local installation support, satellite internet might become a practical reality for millions.
Meanwhile, Jio's financial performance for the March quarter remained robust. The company reported a 17.8 per cent year-on-year rise in revenue to Rs. 39,853 crore and an EBITDA of Rs. 17,016 crore—up 18.5 per cent over the same period last year.
Jio's subscriber base swelled to over 488 million by March 2025, including 191 million users on its True 5G network. The growing popularity of 5G and home broadband solutions fueled a 24 per cent rise in annual data traffic, which reached approximately 185 exabytes. Average revenue per user (ARPU) also ticked up to Rs. 206.2, reflecting the positive impact of recent tariff hikes.
While the Jio-Starlink alliance is still awaiting regulatory green lights, the groundwork laid by both companies signals a bold step forward in democratizing high-speed internet across India.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Deccan Herald
27 minutes ago
- Deccan Herald
Karnataka govt issues order for Vidya Vijeta prog
In 2024-25, 12,500 students from I PU and 12,500 from II PU were selected on the basis of a written test. PACE, a tutorial, bagged the tender to provide training to the students at a cost of Rs 6.82 cr.
Time of India
41 minutes ago
- Time of India
Trade war: Tariffs notified, government hardens its position on no-go areas
NEW DELHI: On a day when US notified additional levies for countries, with 25% imposed on Indian exports, govt hardened its position asserting that farm and dairy products, genetically modified food, beef and animal feed with meat are no-go areas. Without being confrontational, govt sources made it clear that cultural sensitivities and farmers' interest will be paramount in talks with the US and indicated India's willingness to move ahead with talks, with the next round scheduled to begin on Aug 25. "We are engaged with American officials and securing our national interest is our primary objective. Govt is not going to come under pressure on areas that concern farmers and small businesses," said an official. While there is bound to be some impact on India's exports, sources said that it may shave off around 0.2 percentage points from GDP this year and there may not be a significant impact over the economy. The assessment is based on calculations that a significant part of India's exports to US - $20-25 billion out of overall exports of $86.5 billion last fiscal - was outside the ambit of tariffs notified through US President Donald Trump's executive order, issued early Friday (India time). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Emergency Generators in Miraflores: (Prices May Surprise You) Emergency Generator | Search Ads Search Now Undo In 2024-25, pharma exports were a little under $10 billion, while oil products added up to $4.2 billion and electronics were estimated at over $13 billion, made up largely of smartphones, according to official from medicines, the exemptions include Active Pharmaceutical Ingredients, electronics and ICT products such as semiconductors, smartphones and computers and energy products. The US tariffs will now be effective Aug 7 and the penalty for Russian arms and defence purchases was not part of the executive order issued by Trump, indicating he is seeking to use it as a threat to extract a deal to his liking from India. It also said that Indian shipments that are in transit before Aug 7 - and arrive at US ports before Oct 5 - will not face the additional tariff, providing some relief to are seeking sops from govt to tide over possible loss of orders, especially in sectors such as textiles, footwear and chemicals. Commerce and industry minister Piyush Goyal is slated to hold consultations with exporters over the next few days. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
41 minutes ago
- Time of India
AP Discoms seek ERC nod to collect true-up charges of Rs 12,771 cr
Vijayawada: The three power distribution companies (discoms) in the state have filed a petition before Andhra Pradesh Electricity Regulatory Commission (APERC), seeking permission to collect Rs 12,771 crore from consumers through true-up charges. The ERC released the notification asking the public to file their objections/suggestions on the petitions filed by the discoms. The Left parties have demanded that the govt immediately withdraw the proposal. According to the affidavit, SPDCL wants to collect Rs 3,046 crore through true-up charges to recover the actual costs of power supplied from 2019 to 2024. APEPDCL has urged the commission to allow it to collect Rs 7,790 crore, while APCPDCL wants to recover Rs 1,935 crore. The discoms have been collecting fuel and power purchase cost adjustment (FPPCA) charges for the past three years. Recently, the distribution companies filed a petition before APERC seeking ratification of its decision to collect 40 paise per unit, which has been continuing for the past six months. While APERC, in Nov 2024, allowed the discoms to recover Rs 9,412 crore through FPPCA charges, the discoms levied nearly Rs 14,000 crore burden on the consumers in the last one year, citing old dues. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Even Beautiful Women Have Their 'Oops' Moments Read More Undo However, energy minister Gottipati Ravi Kumar has made it clear that the govt has no plans to increase power tariff, adding that power tariff may be reduced in the coming days. He blamed the previous YSRCP govt for the discoms' move to collect the true-up and FPPCA charges. "The mismanagement and irregularities during the YSRCP regime forced discoms to recover the true-up and FPPCA charges from the consumer. The discoms have filed petitions to collect the dues pertaining to the YSRCP regime," Gottipati claimed. Dismissing the minister's allegations, CPI-M leaders V Srinivasa Rao and Ch Baburao said blaming the previous regime is only a "cover-up act" by the TDP-led NDA govt, and warned of agitations across the state if the discoms did not withdraw the true-up charges notice.
