Starlink's tie-ups with Jio, Airtel support view of satcom complementing telcos' offerings: Citi report
"By extension, this also implies that any concerns on Indus are perhaps overdone," it added.

"By extension, this also implies that any concerns on Indus are perhaps overdone," it added.
Industry executives and experts said the rapprochement stems from a combination of factors, led by Donald Trump becoming US President and Musk emerging as an influential figure in the presidency.
Starlink has partnered with Airtel to provide satellite internet services in India, focusing on rural and remote areas. This move will complement existing terrestrial services rather than compete directly. Jio is also expected to bring Starlink's high-speed internet to its customers. The partnership is seen as a win-win situation for both Airtel and Starlink.
Under the agreement with SpaceX, Jio will make Starlink solutions available through its retail outlets as well as through its online storefronts.
The announcement came as a surprise, considering Airtel already has a tie-up with Franco-British satellite operator Eutelsat OneWeb, a rival to Starlink.
The proposal has sparked outrage among Italy's opposition parties, which on Monday renewed their demands that talks stop after Musk said on his X social media platform Sunday that Ukraine's "entire front line would collapse" were he to turn off Starlink for Kyiv's forces.
Starlink provides crucial internet connectivity to Ukraine and its military. U.S. negotiators pressing Kyiv for access to Ukraine's critical minerals have raised the possibility of cutting the country's access to the service, sources familiar with the matter told Reuters in February.
Musk, the billionaire CEO of electric vehicle maker Tesla, SpaceX and the social media platform X, contributed millions of dollars to President Donald Trump's campaign and is overseeing Trump's cost-cutting Department of Government Efficiency.
The rally started after the public row last Friday between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump, which led to Washington pausing military aid to Ukraine.
After the US imposed 25% tariffs on most Canadian and Mexican imports on March 4, and with Trump threatening tariffs on more countries, consumers around the world may be facing similar conflicts.
The request for access to E-band frequencies in Italy signals the satellite broadband company's push to capitalise on its first-mover role in the low-orbit space-based telecommunications sector against lagging European and U.S. rivals.