Bharti Global's Strategic Move Towards OneWeb Satellite Broadband Services
Awaiting Approval for OneWeb Services
Bharti Global is currently seeking crucial approvals from the Telecom Regulatory Authority of India (TRAI) and Department of Telecommunications (DoT) to initiate its satellite broadband services through OneWeb. This comes on the heels of the company's recent decision to acquire a 245 percent stake in BT Group from Altice UK.
Strategic Significance
This acquisition underlines Bharti Global's aggressive push into the telecom industry. The launch of OneWeb services could bridge significant gaps in connectivity, particularly in rural regions.
Conclusion
If authorized by the regulatory bodies, this venture will likely reshape the competitive landscape of broadband services in India, offering enhanced internet access to underserved communities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.