Bharti Airtel partners with Starlink for high-speed internet: After the merger of Jio and Hotstar, reports of another new big merger are coming out. Yes, Bharti Airtel has recently made an important agreement with Elon Musk’s company SpaceX. As part of this agreement, Bharti Airtel is now going to provide Starlink satellite internet services to the customers of India. After this merger, a new internet service is going to be uplifted in the country, which will help in reaching far flung and powerful internet services in rural areas.
Starlink and Airtel will provide Satellite Internet in India
The interest of foreign investors in the country has been increasing from the past few years. In such a situation, Elon Musk, recently with Bharti Airtel, has entered into a new agreement to bring Starlink’s satellite internet services to India. Due to this agreement, 40% of the population which is still deprived of internet service, especially the hilly and rural areas, will now be provided with the facility of internet.
Starlink’s satellite technology will be used in this internet service, which will be supported by Airtel in India. This service will be able to provide faster and reliable internet connection that does not require digital devices at all.
All about this New Agreement
Under this new agreement, Airtel has signed an agreement to reach internet services in rural and remote areas through Starlink. Where the Starlink equipment across India will be sold by Airtel. Airtel will provide the facility of these devices to the customers at its retail stores so that customers can be provided the benefit of this satellite internet service.
Together these two companies will now provide internet facilities in various commercial centers, schools, health centers, and rural areas of India.
Company has recorded 3% increase in share prices
As soon as this merger is done, a positive jump has been seen in the shares of Airtel company. The company’s stock recorded an increase of 3%. This growth is showing the trust of investors in the company. According to JP Morgan’s survey, the price of these shares has been fixed today by overcharging on Indian Airtel shares, which is 19% higher than the current price.
Due to this merger of Bharti Airtel and Elon Musk’s company, Indian Airtel has got a lot of jumps in the stock market, due to which the prices of Bharti Airtel company can go up further in the coming time. Talk about the price of Starlink’s services, then the clear information about its prices has not been released yet.
But according to experts, the Internet price of Bharti Airtel and Starlink can be between 3500 and 4500 monthly. This price can also increase in the same future.
Conclusion
Overall, due to this partnership of Bharti Airtel and SpaceX, internet services will be provided in far -flung areas through satellite technology, while in the coming time, Bharti Airtel will also see the positive impact of this merger. Where it is expected, the Indian economy will also get economic success, and other investors will also be encouraged to invest in India.
