Billionaire Mukesh Ambani-controlled Jio Platforms Ltd. announced a pact with Elon Musk’s SpaceX to offer Starlink Inc.’s satellite internet services in India, a day after rival Bharti Airtel Ltd. signed a similar arrangement.

Indian telecom operator Bharti Airtel says it has signed a deal with Elon Musk’s Starlink to explore providing the U.S. satellite internet giant’s services to customers in India, depending on government approval.

Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55

Indian telecom Bharti Airtel announced on Tuesday that it signed a deal with Musk’s Starlink to bring its satellite internet services to India