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News on Medial
Exclusive: SpaceX's talks with Vietnam over Starlink on hold, sources say
Reuters
·
1y ago
Medial
SpaceX's plans to provide communication services to Vietnam through its Starlink satellites have reportedly been put on hold. Vietnam, which has strict rules for satellite services, had been in discussions with SpaceX officials for several months. However, talks were suspended when it became clear that Vietnam would not soften foreign ownership limits for the company. As a result, Starlink's pilot services for Vietnam's coast guard, which used the satellites to guide drones in the South China Sea and the Gulf of Thailand, were interrupted. It is currently unclear if talks will resume.
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SpaceX's talks with Vietnam over Starlink on hold
Economic Times
·
1y ago
Medial
SpaceX's plans to provide communications services to Vietnam through its Starlink satellites have been halted due to restrictions on foreign ownership. SpaceX had been in discussions with Vietnamese authorities to provide satellite services for internet infrastructure upgrades and support for Vietnamese coast guard drones. However, talks were interrupted when it became clear that Vietnam would not lift limitations on foreign ownership for SpaceX. As a result, Starlink's pilot services for Vietnam's coast guard were suspended. It remains uncertain if talks will resume in the future. China's presence in the South China Sea is an additional factor in the situation.
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US could cut Ukraine's access to Starlink internet services over minerals, say sources
Economic Times
·
4m ago
Medial
The U.S. has reportedly warned Ukraine that its access to SpaceX's Starlink internet could be cut over mineral rights negotiations. Starlink provides crucial internet connectivity, especially for Ukraine's military. Tensions rose after President Zelenskiy rejected a U.S. proposal involving Ukraine's critical minerals. Starlink's role is crucial for Ukraine's drone operations and overall military strategy, making its potential loss significant. The talks highlight the geopolitical tug-of-war over Ukraine's resources and wartime support.
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Exclusive: Pegatron in talks with Tata to sell its only India iPhone plant, sources say
Reuters
·
1y ago
Medial
Taiwan's Pegatron is reportedly in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group. Under the deal, Tata plans to hold a majority stake in a joint venture that will operate the Pegatron plant near Chennai, with Pegatron providing technical support. This move marks a scale-back of Pegatron's partnership with Apple. Apple is looking to diversify its supply chain beyond China, while the deal will bolster Tata's iPhone manufacturing plans. The talks are expected to close in six months.
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India grants licence to Musk's Starlink
Economic Times
·
28d ago
Medial
India has granted a license to Elon Musk's Starlink, enabling satellite internet service access across the country. This move is hailed as India's "next frontier of connectivity" by the communications minister. SpaceX's Starlink facilitates high-speed internet for remote areas through low Earth orbit satellites. The introduction has sparked debates over pricing and spectrum allocation, with communications minister Jyotiraditya Scindia endorsing it after discussions with SpaceX's COO, Gwynne Shotwell.
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SpaceX expected to launch Starlink services in Vietnam from fourth quarter - The Economic Times
Economic Times
·
1d ago
Medial
SpaceX plans to launch its Starlink satellite internet services in Vietnam by the fourth quarter of 2025. The Vietnamese government has approved a trial period with no foreign ownership limit until 2030. To proceed, SpaceX must complete investment formalities and establish a local unit. The company is working with Vietnam’s Ministry of Finance and plans to set up a ground station. This development is part of SpaceX's broader strategy to expand its low-orbit satellite network globally.
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SpaceX eyes Starlink hub with multiple ground stations in Vietnam
Economic Times
·
3m ago
Medial
SpaceX plans to establish a series of ground stations in Vietnam for its Starlink satellite network, signaling its launch in the country. This initiative follows Vietnam's allowance of Starlink under a pilot program, granting SpaceX local control despite foreign ownership restrictions. The Vietnamese government authorized Starlink to serve up to 600,000 customers. The project faces challenges, including potential U.S. tariffs on Vietnam. Ground stations facilitate data transfer monitoring, essential in Vietnam’s regulated environment.
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Airtel, Elon Musk's SpaceX join forces to beam Starlink’s super-fast Internet to India
Economic Times
·
4m ago
Medial
Bharti Airtel has partnered with SpaceX to offer high-speed internet services in India through Starlink. Announced on March 11, 2025, this collaboration aims to enhance Airtel's internet offerings via SpaceX's satellite division. Last year, tensions arose between Starlink, Amazon's Kuiper, and India's top telecom operators over satellite spectrum pricing. A heated six-hour discussion hosted by the Telecom Regulatory Authority of India highlighted diverse opinions on spectrum sharing and pricing, predominantly featuring Starlink and major Indian telcos.
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SpaceX's Falcon 9 rocket sets reuse record with 17th launch
News Bytes
·
1y ago
Medial
SpaceX's Falcon 9 rocket has set a new record, launching for the 17th time. The rocket carried 22 Starlink internet satellites into orbit before its first stage successfully returned to Earth and landed on a SpaceX drone ship at sea. This launch marks the 65th orbital mission for SpaceX in 2023, surpassing its previous record of 61 missions in 2022. The majority of SpaceX's launches this year have been dedicated to expanding the Starlink mega constellation, currently consisting of over 4,700 operational satellites.
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Internal pre-Starlink SpaceX financials show big spending on moonshot bets
TechCrunch
·
1y ago
Medial
Confidential financial reports from SpaceX reveal the company's dependence on its Starlink business unit and the launch of its Starship rocket to achieve positive cash flow. The reports, from 2018 and 2019, show that while SpaceX's revenue increased to $1.98 billion in 2018 and $1.45 billion in 2019, the company operated at a net loss of -$308 million and -$501 million respectively. SpaceX's focus on the Starlink and Starship programs is evident through its spending on research and development. Despite this, SpaceX has seen significant growth and now has over 2.5 million customers for its satellite internet service. However, the launch of the Starship rocket is essential for expanding the capacity and reach of the Starlink network.
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Starlink is now available in Congo, Elon Musk says
Economic Times
·
2m ago
Medial
SpaceX's Starlink, headed by Elon Musk, is now operational in the Democratic Republic of Congo, despite prior bans due to security concerns over potential misuse by rebel groups. The country's government has lifted the previous prohibition, thereby becoming the latest African nation to approve Starlink services. Congo’s internet connectivity is notably low, with only about 30% usage, making Starlink's satellite internet services a significant development for the region. Starlink continues its expansion across Africa, available in over a dozen countries.
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