Elon Musk's Starlink Partners With India's Jio And Airtel

RTTNews | 175天前
Elon Musk's Starlink Partners With India's Jio And Airtel

(RTTNews) - Close on the heels of signing an agreement with one of India's telecom majors Airtel, Elon Musk's SpaceX signed a deal with the country's another tycoon Jio Platforms Ltd, affiliated to Billionaire Mukesh Ambani's Reliance Industries, to offer Starlink satellite Internet services in the country.

In a statement, Jio announced that SpaceX would offer Starlink's high-speed broadband internet services to its customers in India. Starlink, as the low Earth orbit satellite constellation operator, would deliver reliable broadband services across the country, including the most rural and remote regions of India.

With the agreement, Jio is advancing and diversifying its broadband service options to include Starlink connectivity. Jio plans to make Starlink solutions available through its retail outlets as well as through its online storefronts. It will also establish a mechanism to support customer service installation and activation.

Airtel, in a statement, noted that the companies will explore offering Starlink equipment in Airtel's retail stores, and Starlink services via Airtel to business customers, in even the most rural parts of India.

Airtel and SpaceX will also explore how Starlink could help expand and enhance the Airtel network, as well as SpaceX's ability to utilize and benefit from Airtel's ground network infrastructure and other capabilities in India.

After joining the race, Reliance Industries gained 0.8 percent on Wednesday's regular trading on the NSE in India, while Bharti Airtel dropped 1.2 percent.

read more
Tech Shares May Fuel Taiwan Stock Market

Tech Shares May Fuel Taiwan Stock Market

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had dropped more than 500 points or 2 percent. The Taiwan Stock Exchange now sits just above the 24,100-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 28分鐘前
Rebound Anticipated For Singapore Stock Market

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Wednesday wrote a finish to the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,290-point plateau although it may find renewed support on Thursday.
RTTNews | 58分鐘前
Malaysia Stock Market May Add To Its Winnings On Thursday

Malaysia Stock Market May Add To Its Winnings On Thursday

The Malaysia stock market has moved higher in consecutive trading days, gathering just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may extend its gains on Thursday.
RTTNews | 1小時28分鐘前
Japan Bourse May Reverse Wednesday's Losses

Japan Bourse May Reverse Wednesday's Losses

The Japanese stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just beneath the 41,940-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | 1小時43分鐘前
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in back-to-back trading days, collecting more than 40 points or 1.3 percent along the way. The KOSPI now rests just above the 3,180-point plateau and it may add to its winnings on Thursday.
RTTNews | 1小時58分鐘前
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
RTTNews | 2小時58分鐘前
Swiss Market Closes On Bright Note

Swiss Market Closes On Bright Note

The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
RTTNews | 6小時56分鐘前