Ending Soon! Save 33% on All Access

Reliance Jio Gets DoT Nod For Satellite Communication Services With the license, the company can set up and operate the GMPS services in the licensed service areas which is valid upto 20 years

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Jio Twitter handle

Department of telecommunications (DoT) gave a letter of intent (LoI), on September 12, to Reliance Jio infocomm's Satellite unit to start high-speed broadband-from-space services, as per reports. It is also reported that Jio Satellite Communication Ltd (JSCL) had applied for a global mobile personal communications by satellite services license earlier this year, will shortly be issued a letter of intent by the DoT. This would make JSCL the second company after OneWeb to secure this license to offer broadband services through satellites.

With this license, the company can set up and operate the GMPS services in the licensed service areas. The license is valid for a period of 20 years, from the date of its grant after satisfying stipulated conditions. The GMPCS offers voice and data services through satellite.

Earlier this year, Jio platforms had announced a joint venture with Luxembourg-based SES to provide the satellite-based broadband services in India. Jio Space Tech is developing significant gateway infrastructure in the country and will leverage the medium earth orbit (MEO) and geostationary (GEO) satellite constellations.

Reports said that we will get to see strong competition in the space broadband sector in the upcoming years because many private companies are likely to enter in the market. The companies that are said to intensify the competition in serving the world's second largest telecom market are Jio, Bharti-backed OneWeb, Nelco (Tata group satcom company), Canada's Telesat, Elon Musk's SpaceX and Amazon's Project Kuiper.

As per market studies, the global broadband services market size was valued at $385.5 billion in 2021 and is expected to grow at a CAGR of 9.6 per cent from 2022 to 2030.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

News and Trends

Soleos Solar Energy Secures INR 48.5 Cr Funding

This funding infusion will help the company in generating its working capital, global renewable energy portfolio development and establishing manufacturing facilities across the globe.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.