Airtel and SpaceX Deal to Provide High-Speed Internet in India

India is set to receive high-speed internet soon, thanks to a new deal between telecom company Bharti Airtel and Elon Musk’s SpaceX. SpaceX’s subsidiary, Starlink, provides internet via satellite, and Airtel plans to use Starlink’s satellites to deliver high-speed internet to its customers. This partnership is expected to bring faster and more reliable internet connectivity across India, especially in remote areas.
Following the announcement of the deal, Airtel’s stock saw a significant rise, increasing by up to 3%. The collaboration with SpaceX is expected to revolutionize internet access in the country, benefiting millions of users who previously had limited access to high-speed broadband services. This partnership marks a major step forward in improving India’s digital infrastructure.