Tata Group firm Nelco in advanced MSA talks with Telesat to offer satellite broadband in India

Kolkata: Tata group company Nelco is in advanced talks with Canadian firm Telesat to ink a commercial pact for launching fast satellite broadband services in India under the latter’s Lightspeed brand, a move which will pit the combine against Bharti Enterprises-backed OneWeb, Elon Musk’s SpaceX and Amazon.

“Nelco and Telesat will have a master services agreement (MSA) to provide Lightspeed LEO (low-earth orbit) satellite services in India… we are in the process of finalising details of the commercial arrangements,” Nelco’s managing director PJ Nath told ET.

He said, though, that Nelco has “no plans” to float a separate joint venture company with Telesat.