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.

India's Bharti Airtel said on Tuesday it had signed a deal with Elon Musk's SpaceX for the highly anticipated launch of Starlink satellite internet in the world's most populous country. SpaceX's Starlink has long wanted to launch in India and has in recent months clashed with billionaire Mukesh Ambani's company over how the country should grant spectrum for satellite services.

Bharti Airtel has partnered with Elon Musk's SpaceX to bring the Starlink satellite internet service to India, marking a significant development in the nation's emerging satcom sector. This agreement aims to enhance connectivity,