Market Chatter: Starlink Renews Push for Satellite Communication Services in India

MT Newswires Live08-20 18:28

SpaceX's (SPCX) Starlink has renewed efforts to launch satellite communication services in India, resubmitting an application for approval of its Gen 2 constellation, The Economic Times reported Thursday, citing people familiar with the matter.

The proposed constellation would incorporate newer technologies, including direct-to-device connectivity, the report added.

SpaceX did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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