Musk's SpaceX Sets Up Unit to Provide Internet Services in India.

(Bloomberg) -- Elon Musk's Starlink has established a wholly-owned unit in India as it prepares to roll out satellite internet services in the world's second-largest wireless market, according to Starlink's India Director Sanjay Bhargava. Starlink will face competition from Indian telecommunications tycoon Sunil Mittal's OneWeb, which also beams broadband from low-earth orbit satellites. The new SpaceX subsidiary, Starlink Satellite Communications Pvt., "can now start applying for licenses, open bank accounts" and other steps, Bhargava wrote in a LinkedIn post Monday. [Extracted from the article]

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