Tata Group firm Nelco in advanced MSA talks with Telesat to offer satellite broadband in India

(10 Aug 2021) "Tata group company Nelco NSE 6.55 %is in advanced talks with Canadian firm Telesat to ink a commercial pact for launching fast satellite broadband services in India under the latter's Lightspeed brand, a move which will pit the combine against Bharti Enterprises-backed OneWeb, Elon Musk's SpaceX and Amazon." (Economic Times)

Reference: Economic Times

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