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Musk takes fresh swipe at Ambani as Jio IPO looms

12 October 2026 at 15:37

Elon Musk pledged to make Starlink affordable in India as he renewed his attack on billionaire Mukesh Ambani’s (pictured) telecoms dominance, days before Jio Platforms launches a record-breaking IPO.

In a series of posts on social media platform X, the SpaceX chief argued that competition from Starlink would benefit Indian consumers by expanding connectivity options. “The reality is that competition would greatly benefit the average citizen in India by giving them more choices, as it always does,” he explained, adding, “Ambani’s profits will be lower, but he is not going out of business”.

Musk also dismissed claims that Starlink would struggle to compete with Jio’s low-cost data plans while also posing a threat to the incumbent operator. “This is absurd hypocrisy and hyperbole,” he said.

His comments come as Jio Platforms targets a valuation of around $106 billion, according to Reuters, in a planned IPO that could become India’s largest-ever listing. The business includes telecoms operation Reliance Jio, which reported 524.4 million subscribers at the end of March, including 268.5 million 5G customers.

“Prime Minister Ambani“
Musk has escalated his criticism of India’s regulatory process in recent days, accusing authorities and “certain oligarchs” of delaying Starlink’s entry into the country to maintain a “monopolistic chokehold on the Indian people”.

In a separate post on Friday (9 October), he sarcastically addressed the Jio Platforms-owner as “Prime Minister Ambani” and asked whether he would “consider allowing Starlink to compete”.

He argued satellite connectivity could bring internet access to underserved communities, improve educational opportunities and enable small businesses to reach international markets.

“Please accept my humble apologies for not realizing that you are the real boss of India,” he wrote, adding “Starlink would change their lives for the better”.

India’s Ministry of Communications has rejected allegations of discriminatory treatment, stating that Starlink and incumbents Bharti Airtel and Reliance Jio were at broadly the same stage of the regulatory process. All three have secured initial approvals but remain subject to outstanding security clearances before they can obtain spectrum access.

The post Musk takes fresh swipe at Ambani as Jio IPO looms appeared first on Mobile World Live.

SpaceX targets US carriers with low-band spectrum

9 October 2026 at 10:09

Elon Musk-controlled SpaceX struck a deal to buy a nationwide low-band spectrum portfolio from Grain Management, ratcheting up its challenge to compete with US carriers for mobile customers.

The transaction for all of Grain Management’s nationwide portfolio of up to 14MHz of paired spectrum in the 800MHz band is subject to regulatory approval by the Federal Communications Commission (FCC). Financial terms are not available.

“This is the last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America,” Musk said on X above a post which questioned the company’s direct-to-device (D2D) strategy.

SpaceX stated Starlink Mobile’s global 2GHz mid-band spectrum will deliver high-capacity coverage in the US, while the newly acquired low-band frequencies will improve signal reach through obstacles including walls and extend service to devices indoors. The company added most existing mobile devices already support the underused band.

SpaceX plans to pair its satellites with ground-based femtocells to provide 5G mobile coverage, a plan many executives in the industry consider far-fetched.

The company stated the low-band spectrum would address a key remaining technical gap and help pave the way for Starlink Mobile to become a major US mobile carrier.

SpaceX stated once it garners approval it “will deploy a flexible architecture combining our satellite-to-mobile constellation in space with an advanced terrestrial deployment that can seamlessly connect devices everywhere”.

The move follows through on its plan to roll out a D2D service to compete against T-Mobile US, Verizon and AT&T.

On 6 October, SpaceX announced a regulatory win after it secured FCC approval to launch 15,000 next-gen satellites for D2D.

In August, T-Mobile US completed the sale of its nationwide 800MHz spectrum portfolio to Grain Management in exchange for $2.9 billion in cash and all of the latter’s 600MHz spectrum licences more than a year after agreeing a deal in principle.

Grain Management previously outlined a plant to work with energy and infrastructure specialist Black & Veatch to market the spectrum to utilities, critical infrastructure operators and rural and regional carriers.

The post SpaceX targets US carriers with low-band spectrum appeared first on Mobile World Live.

India hits back at Musk over Starlink oligarch claims

8 October 2026 at 11:45

Indian authorities pushed back against Elon Musk’s claims that unnamed oligarchs were blocking Starlink from launching in the country, stating all three prospective operators remain broadly at the same stage of the regulatory process.

In a post on X, Musk accused “certain oligarchs” of trying to maintain a “monopolistic chokehold on the Indian people”, adding “you can guess who they are…” without naming the parties involved. “This is a crime against the people of India!” he wrote.

In a statement, India’s Ministry of Communications rejected the allegation, explaining its satellite communications framework is “fair and non-discriminatory”. It said assessments are currently underway for all licensed operators in India, with each required to meet security conditions before it can seek spectrum.

“At present, all the three entities are at broadly the same regulatory stage,” the ministry said, calling claims of discriminatory treatment “baseless and misconceived”.

The country’s telecoms sector is dominated by Mukesh Ambani’s Reliance Jio and Sunil Mittal’s Bharti Airtel. Both operators, alongside Musk’s Starlink, have secured initial approvals for satellite services but are awaiting spectrum assignment and final clearances.

Starlink’s approval process has stretched over four years, with security requirements and spectrum access among the key issues under scrutiny. Musk has previously clashed with Ambani over India’s satellite spectrum allocation, although both Reliance Jio and Bharti Airtel later struck agreements with the tech mogul to distribute Starlink services in the country.

The US satellite venture’s regulatory wait has also been marred by security concerns. Local media reports stated authorities recovered illegal Starlink equipment in two separate operations in late 2024, including a drug seizure in the Andaman and Nicobar Islands and an army search in the northeastern state of Manipur.

This week, Musk also disputed any suggestion the equipment was connected to an active Starlink service in India, posting on X that its satellite beams were “turned off over India” and “never on in the first place”.

The post India hits back at Musk over Starlink oligarch claims appeared first on Mobile World Live.

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