OneWeb launches its final 36 satellites, set to begin India ops in July-August
Satellite communication service provider OneWeb is able to match mobile services rates of western countries but its prices can't be at par with the "extremely low" tariff in India, company's executive chairman Sunil Bharti Mittal said on Sunday. With the launch of 36 Low Earth Orbit (LEO) satellites by NewSpace India Limited early in the day, OneWeb constellation now has 618 satellites for global coverage including India. Sharing details of OneWeb launch and services, Mittal said that the services will be affordable and at par with mobile rates if a community of 30-40 homes in a village use it. However, the services will cost more for individual use in India compared to existing mobile services plans. "If you ask me, can the pricing of satellite communication be at par with mobile tariffs? Whatever is currently available in the Western world, it can be done today. What is available in India for 2 and 2.5 dollars a month? No, because that is a pricing which is extremely low," Mittta
This is OneWeb's 18th launch and third this year. With this its overall constellation count has gone up to 618 satellites
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The Return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday. While responding to a PTI query at the Mobile World Congress, Mittal said that the company has a healthy balance sheet and there is no need to raise any more capital. "Lot of capital has been injected that has made the balance sheet strong but the return on capital of this industry is very low. That needs to change. We are talking of small increments that need to come in the Indian tariff situation. I hope half (by mid) of this year," Mittal said. When asked about the impact on people at the bottom of the pyramid, he said that the hike is low compared to the spending people are making on other things. "Salaries have gone up, rents have gone except one thing. There is no one complaining. People are consuming 30 GB for almost paying nothing. We don't have more Vodafone type of scenarios in the country. "We n
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He was speaking during a session on 'advancing digital cooperation', moderated by Observer Research Foundation President Samir Saran, during the World Economic Forum Annual Meeting 2022
Announcing the pact with New Space India, OneWeb, in the statement, said it remains on track for developing its satellite constellation network, delivering industry-grade secure connectivity
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He was speaking at a panel discussion on technology cooperation in the fourth industrial revolution at the World Economic Forum's online Davos Agenda 2022 summit
Mittal said the telecom sector as a whole was working to become carbon neutral by 2030, and at India's scale, even reaching 80% of that would be a huge achievement
Bharti Group's subsidiary OneWeb will be the first private player to launch satellites from Indian soil through ISRO facilities, Bharti Enterprises chairman Sunil Bharti Mittal said Monday.
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The announcement coincides with the 60th anniversary of the first human spaceflight
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