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.

Starlink’s satellite broadband services are unlikely to pose a major threat to Indian telecom giants Jio and Bharti Airtel, as their home broadband plans offer better pricing, higher speeds, and unlimited data,

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.