Starlink’s satellite broadband services are unlikely to pose a major threat to Indian telecom giants Jio and Bharti Airtel, as their home broadband plans offer better pricing, higher speeds, and unlimited data,

Despite the growing presence of Starlink's satellite broadband services, India's leading telecom players, Jio and Bharti Airtel, are unlikely to face significant competition, according to a report by JM Financial.

Elon Musk's Starlink has signed a deal with India's No. 2 telecoms company Airtel to bring Starlink's internet services to the world's most populous country, intensifying rivalry with fellow billionaire Mukesh Ambani's telecom firm Reliance Jio.

Indian telecom operator Bharti Airtel says it has signed a deal with Elon Musk’s Starlink to explore providing the U.S. satellite internet giant’s services to customers in India, depending on government approval.

Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55