Overview
- Starlink has signed agreements with India's top telecom providers, Airtel and Jio, to expand satellite internet services in the country, pending regulatory approval.
- The partnerships aim to leverage Airtel and Jio's retail and enterprise networks to bring high-speed broadband to remote areas and enhance existing telecom offerings.
- India's government is reportedly motivated by geopolitical considerations, including countering China's satellite internet initiatives and fostering ties with the U.S. under Elon Musk's influence in the Trump administration.
- Coinbase has obtained approval from India's Financial Intelligence Unit to resume cryptocurrency trading, marking a significant shift in India's regulatory stance on crypto after years of uncertainty.
- These developments reflect broader political and economic dynamics between India and the U.S., with potential implications for trade negotiations and technology collaboration.