Vodafone Idea denies link-up with Musk’s Starlink, stock tanks 5%

Private telecom player Vodafone Idea on Tuesday refuted media reports claiming the company was in talks with Elon Musk’s Starlink through a stock exchange intimation.

News outlet BusinessWorld on December 29 reported that Musk was in talks to tie up with billionaire businessman Musk’s Starlink during Vibrant Gujarat summit due to take place on January 10. The report claimed Vodafone Idea could be among the suitors as Starlink looks to enter the Indian market.