India to witness competition over providing Broadband services betting big to deliver fast internet services - anywhere, anytime.
India to witness competition over providing Broadband services betting big to deliver fast internet services - anywhere, anytime.
The next disruptors in providing the broadband services will be among Starlink, OneWeb and Amazon in India.
In addition to British start-up Methera Global Communications and early entrants like HughesNet, Iridium, Eutelsat, Viasat, O3b Networks are a few who are eyeing this market. Tata Group-backed Nelco is also in talks with Canadian firm Telesat to create a JV to launch satellite communications services in India and globally in the coming days. Telesat's Light-speed satellite services may be launched in India by 2024 by a JV between Tata's Nelco & Telesat.
The Satcom industry is at its nascent stage in India but has the potential to revolutionise connectivity in unconnected areas where terrestrial mobile or fiber can’t reach.
Good internet connection has become a basic need in such an unprecedented scenario where working and studying from home became the new normal. The satellite communications (satcom) market is expected to hit $46.5 billion by 2028, from a projected $25.33 billion in 2021, according to Fortune Insights.
Nearly 75% of India’s rural population do not have access to broadband since many locations go without cellular or fibre connectivity, according to the estimates of the Broadband India Forum (BIF), which represents OneWeb, Hughes, Amazon, Google, Facebook, Microsoft and Qualcomm....Read More
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