With whom Hughes Communication India have agreed to merge their broadband satellite business to improve operational efficiencies?
Options
A. BSNL
B. Bharti Airtel
C. Relaince Jio
D. Vodafone
Correct Answer
Bharti Airtel
Explanation
Bharti Airtel and Hughes Communication India have agreed to merge their broadband satellite or VSAT (very small aperture terminal) business to improve operational efficiencies and target new customers in areas such as in-flight connectivity. After a merger, Hughes Communication will own 67% share of new entity and the remaining 33% will own by Bharti Airtel. If we talk about current market share, the Hughes Communication has 36% share of the market and Airtel Business - the enterprise and VSAT arm of Bharti Airtel has 27% share of the market.
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