Spanish satellite IoT operator Sateliot has incorporated an Indian subsidiary and is targeting India as a key market for its low Earth orbit-based narrowband IoT connectivity services.
The company sees strong growth potential in India's IoT sector and is targeting industries such as agriculture, transport, mining and utilities with satellite-enabled machine-to-machine connectivity.
Sateliot has urged India to adopt a proportionate regulatory framework, including service-specific rules and spectrum pricing, to support narrowband satellite IoT services and encourage fair competition.
