Tag: Telecommunications
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Billionaire Ambani cries tears of joy as Jio Platforms becomes the second most valued Indian firm
Ahead of Jio’s listing, Mukesh Ambani teared up as his three children shared the journey of building Jio and vowed to create value for investors over the next 50 years.
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Simba faces possible fines, licence cancellation over allegations of intentional spectrum misuse
Simba’s unauthorised spectrum use was allegedly intentional and approved by senior management. The telco is also accused of deliberately failing to fully comply with an order to produce documents.
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In hunt for Starlink alternative, Ukraine partners with Nokia and satellite maker ICEYE
With SpaceX imposing speed limits on Starlink in Ukraine and hampering military operations, Kyiv is looking for alternatives.
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Musk’s clash with Ukraine accelerates demand for Starlink alternatives. Few exist
Governments or companies looking for an alternative to SpaceX’s Starlink are faced with few options, as Amazon, Eutelsat and others are far behind.
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BlackRock, GIC among investors chasing Indian telecom major Jio’s IPO as anchor bids top $26 billion
Jio Platforms plans to raise up to $3.2 billion through an IPO, which is India’s largest ever in rupee terms, but the second largest in dollar terms.
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Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Jio’s share sale will be India’s largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion in 2024.
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Inside India newsletter: Billionaire Ambani’s mega-IPO faces a valuation reality check amid Musk spat
Jio Platforms, the company at the center of Musk’s remarks, is launching an IPO later this month.
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Verizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcos
SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
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‘Real boss of India?’: Elon Musk takes aim at Indian billionaire Ambani as Starlink launch stalls
Musk claimed Starlink was not being allowed to launch in India despite spending five years complying with every single law and requirement of the government.
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SpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile
SpaceX agreed to purchase a nationwide spectrum portfolio as it to pushes its Starlink service deeper into the U.S. telecommunications market.
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