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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Canadian firm Telesat and Nelco, a company of Tata group, are all set to kickstart commercial satellite communications services jointly by 2024. The prime focus will be to offer affordable tariff for business-to-business (B2B) customers in a developing market – India. Already, there rivals including US-based SpaceX and UK-based OneWeb are all set to launch in the country.
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As per ET Telecom, Nelco’s managing director and chief executive officer (CEO) PJ Nath stated that they want to partner with Telesat. By the latter half of 2024, they will jointly provide satcom services in India. Also, it was added that the prices of its satcom services have not been finalised and they are discussing the same.
In 2020, both Telesat and Nelco joined hands on areas including terrestrial facilities, commercial distribution and regulatory frameworks. As a part of the arrangement, the Mumbai-based company will offer Telesat low-earth orbit (LEO) satellite services in India alongside a superior enterprise connectivity.
Demand For Satcom Services
The satellite communications industry is gearing up to witness a massive growth with technology advancements, light-touch regulations and increased demand in data services. The segment is all set to witness the launch of Elon Musk’s SpaceX and Sunil Mittal-backed OneWeb in the satellite broadband space that is yet to be launched.
When it comes to the terms of the deal between these companies, Nath said that there is still a long way to go before the satellite communication service is launched in 2024. Currently, the two companies are said to be working on a business strategy.
