Vodafone Idea is not in talks to tie up with billionaire Elon Musk’s satellite internet unit Starlink, the Indian telecom operator said on Tuesday.
The clarification from Vodafone Idea came after its stock surged in the past two sessions on what business magazine BusinessWorld said were ‘markets betting’ that Musk was looking to buy a stake in the company to help Starlink enter India, Reuters reported.
On Monday, the Bombay Stock Exchange, where Vodafone Idea’s stock is listed, asked the company for clarification, citing the BusinessWorld report.
“We would like to submit that the company is not in any such discussion with the named party. We are not aware of the basis of the said news item,” Vodafone Idea said in a statement.
Network18 reaches 250mn TV viewers, crosses 65bn social video views: Akash Ambani
MIFF panel agrees youngsters driving documentary renaissance
At APOS, JioStar’s Chatterjee says India most demanding live sports market
JioStar’s Vaz says focus is on creating integrated consumer experiences across screens
UK proposes sweeping SM ban for under-16s; WhatsApp exempted
‘Obsession’ director Curry Barker announces new horror film
Adah Sharma’s ‘Gajra’ first look reveals her new avatar
Netflix announces ‘India’s Got Latent’ Season 2 with Samay Raina’s new comedy
Raju Khan recalls challenges of filming ‘Ghanan Ghanan’ 


